QIA announces investment in Lesha Qatar Equity Fund
Lesha Bank is a Qatar-based Shari’a compliant investment bank founded in 2008. The Fund is focused on achieving capital growth and income by investing in a diversified portfolio of shares included in ...
QIA, the sovereign wealth fund of Qatar, has announced an investment in Lesha Qatar Equity Fund. Lesha Bank, a Shari'a compliant investment bank founded in 2008, is the managing entity behind the fund. The investment aims to expand QIA's Active Asset Management Initiative, launched in 2024, which seeks to establish partnerships with leading global and local asset managers with GCC expertise.
This marks Lesha Bank as the first locally managed fund under QIA's initiative. Lesha Bank, the first independent Shari'a-compliant Investment Bank authorized by the Qatar Financial Center Regulatory Authority (QFCRA), manages approximately QAR 19.2 billion in assets. The collaboration reflects QIA's commitment to supporting Qatar's capital markets and enhancing liquidity on the Qatar Stock Exchange.
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