Lesha Bank has received several awards from well-respected international publications in recognition of the noteworthy progress the Bank has achieved over the past few years.
| Award Title | Award Body |
|---|---|
| Mohammed Ismail Al Emadi – Top 50 Asset Managers 2026 | Forbes Middle east |
| Top 100 Business Leaders – Banking and Investment | CNBC Arabia |
| Best Islamic Investment Bank in Qatar | IFN Best Bank Poll Award 2025 |
| Best Investment Bank – Qatar | Global Banking and Finance Review Awards 2026 |
| Best Investment Bank – Qatar | MENA Banking Excellence Corporate & Investment Awards 2026 |
| Qatar’s Best Islamic Alternative Investment Firm | Euromoney Islamic Finance Awards 2026 |
| Qatar’s Best Investment Bank for Private Markets | Euromoney Awards for Excellence 2026 |
| Best Sharia Compliant Investment Bank / MENA 2026 | International Investor Awards 2026 |
| Investment Banking CEO OF The Year / MENA 2026 – Mohammed Ismail Al Emadi | International Investor Awards 2026 |
| Best Islamic Investment Bank | Triple A Islamic Finance Awards 2026 |
| Sukuk Adviser of the Year – Best Sukuk – FI (Qatar International Islamic Bank QAR 500 million wakala/murabaha sukuk) | Triple A Islamic Finance Awards 2026 |
| Winner in the Small and Medium category | Best Workplaces in Qatar™️ 2026 |
| Best Investment Bank in Qatar – MEED MENA Banking Excellence, Corporate & Investment Awards 2025 | |
| Qatar’s Best for Independent Advisory (Investment Banking Advisory) – Euromoney Awards for Excellence 2025 | |
| Lesha Bank CEO Mohammed Ismail Al Emadi Recognized Among Forbes Middle East’s Top 40 Asset Managers for 2025 | Lesha Bank is proud to announce our CEO’s recognition in the prestigious Forbes Middle East Top 40 Asset Managers list for 2025. This honor is a testament to the Bank's robust asset management capabilities and its success in managing a diversified portfolio across real estate and private equity assets. Lesha Bank is especially proud as it stands out as the only financial institution in Qatar to be included in this esteemed list this year for a second consecutive year. For the fourth consecutive year, Forbes Middle East has published its ranking, spotlighting premier financial firms and advisors within the Middle East region committed to maximizing investments. This year, the list highlighted 40 asset managers entrusted with managing assets on a fiduciary basis. In 2024, Lesha Bank witnessed growth in its total assets under management (AUM), increasing by 39% to QAR 8.6 billion. The Bank’s investment portfolio also saw a substantial rise, growing by 12% to QAR 3.3 billion, reflecting its strong performance in a dynamic economic environment. Lesha Bank invests in various sectors and regions to serve qualified Ultra & High Net Worth Individuals, as well as qualified institutional and corporate entities. The Bank's investment portfolio includes significant positions in the US real estate market and various private equity deals across different industries including aviation. Lesha Bank's CEO, Mr. Mohammed Ismail Al Emadi, commented: “This recognition by Forbes Middle East is a significant achievement for our entire team at Lesha Bank. It highlights our collective efforts in managing and growing a strong and diversified investment portfolio. We are committed to continuing our pursuit of excellence and innovation in asset management.” Lesha Bank LLC (Public) is the first independent Shari’a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| Best Real Estate Investment Manager, Qatar – International Finance Awards 2025 | Proud to be named Best Real Estate Investment Manager - Qatar at the International Finance Awards 2025. This recognition reflects our commitment to delivering agile and diversified real estate investment opportunities across local and global markets. |
| Best Workplaces – Qatar 2025 | Best Workplaces in Qatar 2025 by Great Place to Work®, ranking 25th in the Small and Medium Enterprises category |
| Islamic Finance News (IFN) Qatar Deal of the Year Award 2024 | Lesha Bank is honored to receive the Islamic Finance News (IFN) Qatar Deal of the Year Award 2024. This prestigious accolade recognizes the landmark QAR 500 million Sukuk issuance by Estithmar Holding, notable for being the first corporate Sukuk denominated in Qatari Riyal. In this transaction, Lesha Bank proudly served as a Joint Lead Manager, contributing to its successful execution. |
| Euromoney Best Real Estate Investment Manager – Qatar 2024 | Lesha Bank has been honored as the Qatar Best Real Estate Investment Manager at the Euromoney Real Estate Awards 2024 Euromoney’s Real Estate Awards celebrate the very best of the commercial real estate market. Showcasing excellence at not only country, but also regional and global level, the Awards recognize those organisations that are truly shifting the dial in the real estate market. |
| Most Effective Investment Service Offering – MEED’s MENA Banking Excellence Awards 2024 | Lesha Bank is proud to receive the ‘Most Effective Investment Service Offering’ award at the prestigious MEED’s MENA Banking Excellence Awards 2024. This is the second consecutive year that Lesha Bank has received this recognition, and we remain committed to offering innovative and effective investment solutions. |
| Forbes Middle East’s Top 30 Asset Managers for 2024 -Mr. Mohammed Ismail Al Emadi (CEO) | Lesha Bank CEO, Mr. Mohammed Ismail Al Emadi, has been named among Forbes Middle East's Top 30 Asset Managers for 2024. This honor is a testament to the Bank's robust asset management capabilities and its success in managing a diversified portfolio across real estate and private equity assets. Lesha Bank is especially proud as it stands out as the only financial institution in Qatar to be included in this esteemed list this year. Forbes Middle East has published its ranking for the third consecutive year, spotlighting premier financial firms and advisors committed to maximizing investments within the Middle East region. This year, the list highlighted 30 asset managers entrusted with managing assets on a fiduciary basis. |
| First and Only Bank in Qatar to Receive the ‘Great Place to Work’ Certification™ for the Second Consecutive Year | Lesha Bank LLC (Public) (the “Bank” or “Lesha Bank”) has achieved a significant milestone by being the first and only bank in Qatar to receive the ‘Great Place to Work’ Certification™ for the second consecutive year, awarded by Great Place to Work® Middle East (www.greatplacetowork.me). As part of the certification process, staff members of the Bank participated in an anonymous survey, in addition to a comprehensive culture audit that reviewed the Bank’s HR practices. We are pleased to report that the Bank achieved impressive results across most key indicators assessed. Lesha Bank has a strong commitment to diversity and inclusion, which forms the cornerstone of its values. By highlighting diversity, the Bank attracts and retains top talent. As testimony to its best practices, the Bank was also awarded the title of Best Bank in Qatar for Diversity and Inclusion by the Euromoney Awards for Excellence in 2023. Mr. Mohammed Mohammed, Lesha Bank Deputy COO, commented, “We are delighted to announce that we have once again been awarded the ‘Great Place to Work’ Certification™ for the second consecutive year. This recognition reaffirms our commitment to best practices regarding diversity and inclusion within our organization. Our policies and initiatives are meticulously crafted to cultivate an inclusive environment where every individual is guided, supported, and acknowledged for their contributions. We remain dedicated to investing in our human capital to enhance our practices and uphold the standard of being a great place to work.” Jules Youssef, Managing Director of Qatar, Oman, Kuwait and Bahrain, Great Place to Work® Middle East, said “We are thrilled to congratulate Lesha Bank on their remarkable achievement of being certified for the second consecutive year. This significant accomplishment not only reinforces Lesha Bank’s commitment to excellence in the banking industry, but also serves as a beacon of inspiration for fostering a positive and inclusive workplace culture.” Lesha Bank LLC (Public) is the first independent Shari’a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| Euromoney Market Leaders 2023 | Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) is pleased to announce of its recognition in six categories in Qatar by Euromoney Market Leaders 2023. These rankings underscore the Bank’s steadfast dedication towards excellence and innovation across functional areas. This marks Lesha Bank’s second consecutive year in several of the rankings and the acknowledged categories for 2023 include Investment Banking – Notable, Private Banking – Highly Regarded, Islamic Finance – Notable, Digital Solutions – Notable, Environment Social and Governance (ESG) – Notable, and Corporate Social Responsibility (CSR) – Highly Regarded. The recognition emphasizes Lesha Bank’s financial position, diversified investment portfolio, and market presence that assisted the Bank’s Total Assets Under Management (AUM) to be at a value of QAR 6 billion at the end of Q3-2023. Lesha Bank’s standing in Islamic finance and Private Banking underscores its ongoing commitment to providing innovative investment solutions that are Shari’a-compliant, catering to high net worth and ultra-high net worth clients. This commitment extends to pursuing the development and structuring of products with global accessibility, potentially enabling local investors to enter the U.S. real estate market and participate in private equity offerings through a Shari’a-compliant platform. Lesha Bank recently upgraded its core Banking platform to Temenos Transact R23, launched its new cloud-based client relationship management (CRM) system and launched Mobile App, the first banking application in Qatar to be hosted in Microsoft’s Azure cloud. This testifies to the Bank’s ranking in Digital Solutions and pursuit of staying at the forefront of technological advancements. The Bank’s positioning in both ESG and CSR represents a significant milestone, underscoring its pivotal ambition to foster sustainable development through responsible investment and its commitment as an ethical corporate citizen. The Bank is advancing commendably on its sustainability journey within the ESG framework and eagerly anticipates navigating the future with integrity and purpose. Lesha Bank LLC (Public) is the first independent Shari’a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| Best Bank for Diversity and Inclusion in Qatar – Euromoney Awards for Excellence | Lesha Bank LLC (Public) (the “Bank” or “Lesha Bank”) has been named “Best Bank for Diversity and Inclusion in Qatar for 2023” at the prestigious Euromoney Awards for Excellence 2023. This remarkable accolade underscores Lesha Bank's relentless commitment to nurturing an inclusive financial institution, as well as its dedication to fostering a diverse and welcoming organizational environment. The Euromoney Awards for Excellence, renowned for celebrating outstanding performance in the banking and financial sectors globally, recognized Lesha Bank for its outstanding efforts in championing diversity and inclusion within the financial sector. This esteemed recognition serves as a testament to the Bank's continuous endeavors to create a workplace that is reflective of the rich tapestry of the community it serves while respecting and embedding local roots and culture. Diversity and inclusion are deeply embedded in the core values of Lesha Bank. By fostering a culture that values and celebrates individual differences, the Bank not only attracts and retains exceptional talent but also cultivates high-performing teams. With 21 nationalities represented within the organization, and women constituting 30% of the workforce, Lesha Bank exemplifies its commitment to creating an environment where all individuals feel a sense of belonging. "We are delighted to have been recognized by Euromoney as Qatar's leading bank for diversity and inclusion," commented Mohammed Ismail Al Emadi, CEO of Lesha Bank. "Our commitment to these principles underscores our pursuit of excellence, positioning us as a respected corporate entity that targets diversity, equity, and inclusion standards. We wholeheartedly embrace the responsibility of leading by example, and we consider this recognition a testament to our ongoing dedication." The acknowledgment also highlights Lesha Bank's dynamic efforts to empower its workforce and stakeholders through strategic guidance and initiatives. The Bank has initiated significant measures to enhance diversity within its management team and foster a culture of inclusivity throughout the organization. Mohammed Mohammed, Deputy Chief Operating Officer added, "Our employee-driven best practices have organically earned recognition, underscoring our commitment to fostering an environment where success can be a natural process. At Lesha Bank, we are dedicated to cultivating an environment where everyone feels a deep sense of belonging, with acceptance and opportunities for all to thrive. This commitment resonates in our internal operations and our interactions with our people, clients, stakeholders, community, and society at large." In addition, Lesha Bank is the first and only bank in Qatar to be honored with both the 'Best Place to Work' certification and the 'Best Workplace in Asia' award for 2023. These recent accolades further amplify the extensive commendation that Lesha Bank has garnered for its distinctive culture, one that is centered around making ethical choices that benefit its stakeholders, with a continued commitment to advancing diversity and inclusion in the years to come. Lesha Bank LLC (Public) is the first independent Shari’a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| Best Workplaces for Women™️ in GCC 2023 | Lesha Bank has been honored with a spot on the prestigious list of Best Workplaces for Women™️ in GCC 2023, as recognized by Great Place to Work® Middle East. Our deep commitment to diversity shines through, with women from diverse nationalities and backgrounds contributing significantly. Notably, some of our remarkable women lead key departments within our organization. At Lesha Bank, we're more than a workplace; we strive to be a haven where every voice holds weight, innovative ideas are celebrated, and a profound sense of belonging prevails. |
| Best Workplaces in Asia™ – Great Place To Work’s 2023 | Lesha Bank is proud to be the first and only Bank in Qatar to be among Great Place To Work’s 2023 Best Workplaces in Asia™. This accolade reflects our leadership’s vision and commitment to an inclusive work environment, diversity, and appreciation for our employees who are leading the business success. |
| ISO 9001:2015 and 14001:2015 Certifications for Integrated Management and Environment Systems | Lesha Bank LLC (Public) (the “Bank” or “Lesha Bank”) announced that it has obtained the ISO 9001:2015 and ISO 14001:2015 certifications for its Quality Management System and Environmental Management System, respectively. These certifications stand as a testament to the Bank’s dedication to excellence, sustainability, and continuous improvement in its operations. Lesha Bank has successfully attained these two ISO certifications, reinforcing its commitment to implementing a world-class quality management system, environmental management, economic sustainability, and social responsibility. After undergoing rigorous auditing by the internationally recognized German certification body, TÜV SÜD, Lesha Bank received the ISO 14001:2015 certification, showcasing its commitment to sustainability and reducing environmental impact. By implementing effective Environmental Management Systems, the Bank has demonstrated a coordinated approach to minimizing its carbon footprint and adopting global best practices. Moreover, the ISO 9001:2015 certification highlights the Bank’s commitment to providing exceptional service that aims to align with its clients’ demand, through an effective quality management system. Photo: Lesha bank CRO Fulya Plas and Head of Corporate Services Ahmed Abou Elela receives the ISO certification from Mr. Manadar Pagare (Business Manager- TÜV SÜD) |
| MEED MENA Banking Excellence Awards 2023 | Lesha Bank is delighted to share its remarkable achievements at the prestigious MEED MENA Banking Excellence Awards 2023. The Bank has been honored with two titles: MENA Asset Manager of the Year and Most Effective Investment Service Offering. These awards serve as a clear affirmation of the Bank's steadfast commitment to delivering innovative investment solutions to its clients. |
| Lesha Bank Recognized as Best Asset Manager in Qatar at the EMEA Finance Middle East Banking Awards | Lesha Bank LLC (Public) (the ‘Bank’ or ‘Lesha Bank’) is delighted to announce that it has won “Best Asset Manager in Qatar” at the EMEA Finance Middle East Banking Awards 2022 in recognition of managing strong and diverse portfolio of real estate and private equity assets. The Bank’s total Asset Under Management (AUM) grew by 36%, recording QAR 5.2 billion in 2022 and the total investment portfolio stood at QAR 2.4 billion with a growth of 117% in 2022 compared to the previous year. Held in its 15th edition, the annual awards event was organized by EMEA Finance magazine to highlight commercial, investment and Islamic banks across the Middle East, as well as brokers and asset managers. The EMEA Finance magazine specializes in reporting financial and banking developments in Europe and the Middle East and is directed to an executive level audience. In response to market demand, Lesha Bank revamped its business model from an asset-based to a fee-income based focusing on implementing a direct core/core-plus real-estate strategy in the US. Once acquired, certain assets were offered to stakeholders as investment opportunities, alongside Lesha Bank, on a deal-by-deal basis. Since the launch of the real estate investment, Lesha Bank acquired 14 investments in the US, UK, and Qatar and successfully exited 2 multi-family residences: Kennedy Flats and Jefferson Square in the US. The Bank’s Private Equity (‘PE’) team possess a deep domain expertise and expansive network with world renowned fund managers to access certain unique investment opportunities around the world. Innovative business approach of PE domain has contributed to the modernization and growth of portfolio companies. The Bank currently has a diverse pool of PE assets in the sectors ranging from luxury, healthcare, technology, consumer goods, household electronics etc. Abdulrahman Totonji, Lesha Bank’s CEO, commented: “Alhamdullilah, we are pleased to be recognized by EMEA in Asset Management which will help us cement our leadership and position within the local and regional markets and encourages us to continue offering innovative investment solutions. This accolade proves our employees hard work and dedication that led us to achieve this performance during a critical shift toward a new strategic direction to drive the Bank to achieve its goal of further growth and to be at the forefront of Shari’a-compliant investment banking. I would like to congratulate all our team members for their dedication and thank our clients for their continuous loyalty and trust.” Lesha Bank LLC (Public) is the first independent Shari’a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| Lesha Bank, First and Only Bank in Qatar to Receive ‘Great Place to Work’ Certification™ | Lesha Bank LLC (Public) (the ‘Bank’ or ‘Lesha Bank’) announced that it has been certified as a Great Place to Work® making it the first and only bank in Qatar to receive this certificate as a recognition of its outstanding work environment by Great Place to Work® Middle East (www.greatplacetowork.me). Lesha Bank underwent the certification survey for the first time, with 60 employees participating in the survey on an anonymous basis. The process also included a culture audit of the Bank’s HR practices. Lesha Bank achieved an overall rating of 94%, a remarkable result for a fist time entry captured across all aspects of the survey in equal proportion. The high marks and certification are a luminant testament to the Bank’s efforts to provide an environment where associates can thrive and succeed. Employee engagement and development are one of the hallmarks of the Bank, constantly striving to support career growth and work-life balance, as well as rewarding and recognizing teams’ efforts. With the guidance of the Bank’s management team, everyone at the Bank is encouraged to reach their full potential through various learning and development programs, engagement activities, and peer-to-peer recognition achievements. Lesha Bank has always had an open-door policy to encourage open communication. Mr. Mohammed Mohammed, Lesha Bank Deputy COO, said: “We are extremely proud to be certified as a great place to work, which is a reflection of our leadership’s vision and commitment to our inclusive work environment, diversity, and appreciation to our employees who are leading us to business success. We will continue to invest in human talent, which will further support our ambition to remain the employer of choice.” Mr. Abdulrahman Totonji, Lesha Bank CEO, commented: “Alhamdullilah, we are honored to be the first and only bank in Qatar to receive this certification that reaffirms our commitment to providing a diverse and inclusive workplace where employees feel valued and supported. We thank our employees for their trust as we work together toward achieving our shared goals and create an environment that fosters respect, trust, and fairness among us all.” Lesha Bank LLC (Public) is the first independent Shari’a-compliant Investment Bank in Qatar authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| Lesha Bank Recognized as a Market Leader in Investment Banking in Qatar by Euromoney | Lesha Bank LLC (Public) (the “Bank”) formerly known as Qatar First Bank is pleased to announce receiving rating in four categories of Euromoney Market Leaders in Qatar, endorsing the Bank as a leader in investment banking in Qatar. In addition to the “Market Leader” accreditation in Investment Banking in Qatar, Euromoney accorded Lesha Bank with “Highly Regarded” accreditation for its CSR initiatives, and a “Notable” accreditation for its Digital Solutions and Islamic Finance offerings. Lesha Bank has been providing an opportunity for local investors to enter the US real estate market through Shari’a-compliant platform which aims to provide profitable outcomes with an attractive return from its transformed business model which moved from an asset-based model to a fee income-based model. Lesha Bank remained resilient and managed to record a significant increase of 140% within past two years on its AUM (Real estate) to QAR 3,890.6 million by end of June 2022, and with the goal of generating stable income to its investors despite the challenging macroeconomics conditions. Lesha Bank’s rebranding move is bolstered by its new business model and comes as part of its natural progression at a time of important transition, pursuing further growth both locally and internationally. H.E Sheikh Faisal bin Thani Al Thani, Lesha Bank’s Chairman commented: “We are pleased to be recognized by Euromoney as a Market Leader in Investment banking in Qatar. This is truly a remarkable accomplishment for the Bank. We have recently achieved our seventh consecutive quarter of profitability, thanks to our business model and long-term strategy. We are committed to sourcing new investment opportunities and expanding our portfolio while developing new investment products and services aiming to be at the forefront of Shari’a-compliant investment banking. We continue to provide access to word-class, Shari’a-compliant global investment opportunities tapping into different markets, further diversifying our portfolio, and targeting attractive returns. We are continuously reaping benefits from our adaptive business strategy.” Mr. Abdulrahman Totonji, Lesha Bank’s CEO added: “We are grateful for the new accolades as they reaffirm the achievements of our business model. In addition to our recognition as a market leader in Investment Banking, we also received three more accolades across CSR, Digital Solutions, and Islamic Finance further reaffirming that we are heading in the right direction. I would like to thank all our team for their hard work and dedication to take the Bank to new heights as well as our Board of Directors and shareholders for their continuous trust and support.” Euromoney Market Leaders is an independent global assessment of the leading financial service providers across key categories in each market. Euromoney has been evaluating the world’s leading financial institutions through performance data, surveys, and industry awards for 30 years. Lesha Bank LLC (Public) is the first independent Shari’a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ). |
| QFB was named “Best Corporate and Investment Bank” in Qatar at Asiamoney Best Bank Awards 2021 | QFB is pleased to announce its recognition as the “Best Corporate and Investment Bank” in Qatar at the Asiamoney Middle East’s Best Bank Awards 2021. This accolade is a testimony to the Bank’s continued success in delivering top-quality and best income-generating risk adjusted investment products to its trusted clients with international exposure through a Sharia’ah compliant platform. QFB’s strength was reflected in the numerous Shari’ah compliant investments which provide an opportunity for local investors to enter the US real estate market. QFB recorded a laudable performance by increasing its Assets Under Management (AUM) and the number of real estate investments, offering a competitive return to its clients despite the challenges of the global pandemic while remaining active across all its business lines. QFB’s AUM have witnesses a growth of more than 267% over the last 2 years and investment clients have increased by more than 225%. Moreover, QFB’s corporate banking, Investment and Private Banking team has completed timely initiatives to further strengthen the Bank’s position and expand the client base. The Bank continues to invest in further product and service improvements and has successfully added a new revenue stream by placing investment products with their clients. QFB is continuously looking for secure investment opportunities that ensure further consistency of the Bank’s overall portfolio returns, locally and regionally. The Bank changed its business model to a fee income-based one with a focus on liquid US real estate market. Furthermore, the Bank received an overwhelming demand for its investments products while focusing on offering tailor-made financial solutions. Sheikh Faisal bin Thani Al-Thani, Chairman of QFB said: “We are proud to be receiving this prestigious award from Asiamoney, which is a recognition of the Bank’s positive outcome. QFB continues to deliver investments opportunities for its clients with international exposure through a Shari’ah compliant platform and is committed to achieving a leading position in the local market and beyond. QFB’s positive outcome of all key growth indicators is a proof for this recognition and thanks to the trust of our esteemed clients and shareholders, we are committed to offer more seamless investment opportunities”. Qatar First Bank is the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ) |
| Bank of the Year, Qatar and Best Private Bank, Qatar The Asset Triple A Islamic Finance Awards | |
| Qatar First Bank named ‘Best Shari’ah Alternative Investment Platform’ for 2016 | QFB has successfully exited six investments QFB private equity investments recorded QAR 13 million in dividends during the first half of 2016 The carrying value of QFB equity investments amounted to QAR 1.73 billion as of 30 June 2016 Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has been recognized as the ‘Best Shari’ah Alternative Investment Platform’ for 2016 by ‘Wealth & Finance’ in this year’s ‘Alternative Investment Awards’. The 2016 Alternative Investment Awards honors the dedicated individuals and businesses that are making a positive impact in a constantly-evolving marketplace and puts the spotlight on key players in the sector, following a comprehensive selection and judging process designed to single out the true market leaders of 2016. Commenting on winning the prestigious award, Mr. Ziad Makkawi, Chief Executive Officer of QFB, said: “With investors being on a quest for more creative ways to maximize their returns, Qatar First Bank is constantly refining and developing its services to honor investors’ ever-changing needs and exceed clients’ expectations. Being recognized as the ‘Best Shari’ah Alternative Investment Platform’ for 2016 is a testament to the bank’s exceptional performance in the industry, and reflects our new strategy of offering our private equity expertise to investor clients.” The celebrated award crowns QFB’s positive performance in in 2015 and 2016, during which the bank introduced an ambitious growth strategy, in addition to achieving significant milestones including the listing of shares on the Qatar Stock Exchange in April 2016. Commenting on the award, Ihab Asali, Managing Partner – Alternative Investments at QFB, said: “QFB’s initial focus was driven by its legacy mandate to invest its capital by originating proprietary deals in private equity and real estate. Since the inception of its business operations in 2009, QFB built a strong track record by investing in several successful transactions across various geographies and sectors and realizing lucrative returns for its Shareholders. Over the years, the Bank has evolved from an in-house investment focused bank to a client focused bank.” The Alternative Investments business segment at QFB primarily focuses on acquiring controlling or non-controlling interests, with board representation, in well managed companies and assets that have strong established market positions and growth potential. QFB’s current portfolio of alternative investments include healthcare, energy, consumer finance, real estate, industrial, retail, luxury jeweler, food & beverage; spread across a diversified geography. The team consists of more than 10 experienced investment professionals, who work as partners with the management teams of the Investee Companies and Subsidiaries to unlock value through enhancing operational and financial performance in order to maximize returns for these companies, the Bank, and QFB clients. Since its incorporation, the Bank has closed a number of successful transactions across Qatar, Turkey, the United Kingdom, Africa and the MENA region with carrying value of total equity investments (including subsidiaries) of QAR 1.73 billion as of 30 June 2016. Commenting on the award, Samir Assaad, Managing Partner – Alternative Investments at QFB, said: “QFB’s strategy focuses on the bank’s role as a trusted advisor, a gateway for investors who wish to tap into innovative, Shari’ah compliant, investment opportunities in local, regional and global markets. During 2016, we will continue to diversify our portfolio and focus on business services, healthcare, education and real estate sectors while expanding into new geographical markets regionally and internationally. We are well positioned to provide capital solutions to growing businesses in the region that will benefit from our experience and the network of QFB. Furthermore, we look to partner with likeminded investors who share our philosophy of creating value by investing in market leaders where one can follow a disciplined approach and add operational value to portfolio companies. Additionally, we will continue to operate according to international best practice and attract third party money from both private and institutional investors.” Over the years, QFB has successfully exited six investments, in addition to two partial exists, and generated healthy returns to Shareholders with an average IRR of 36%. The private equity investments continued to grow in value and recorded QAR 13 million in dividends from portfolio companies in the first half of 2016. English Home, QFB’s Turkey-based home textile chain, expanded its geographic footprint, increasing its number of stores in Turkey from 271 as of December 2015 to 293 as of June 2016, and internationally it expanded from 72 stores as of December 2015 to 89 as of June 2016. The Bank’s subsidiary, Al Wasita Emirates for Catering and Services, successfully increased its capital to AED 80 million, from existing shareholders, to further strengthen the company’s financial position and continue its expansion. QFB’s investment in Qatar’s Food Services Company continued to deliver good results with the company opening new stores across Qatar. QFB also continued to support the London-based luxury jeweller David Morris in its expansion plans. A flagship store in Rue St Honore in Paris is scheduled to open later this year, along with a new dedicated boutique in Qatar’s Pearl in partnership with the Bank’s local partners. Memorial Health Group continued to progress the construction of its new hospital in Bahçelievler – Istanbul. The new hospital will be among the largest private hospitals in Istanbul comprising 70,000 sqm and 300 beds. During the first half of the year, QFB announced the completion of its development in Leinster Square, London W2; the Bank’s second real estate development in London after Westbourne House project completed during 2015. Leinster Square is an exclusive development of five stunning 3 and 4 bedroom townhouses and six 3-bedroom lateral apartments, of which only two remain. Makkawi concluded: “Despite the challenging global economic conditions, regional market volatility and geopolitical tension, we will continue pushing ahead with our expansion strategy and adopt an opportunistic outlook to source viable investment opportunities that will generate sound returns for our clients and shareholders.” Distributed each month to more than 130,000 high net worth and ultra-high net worth individuals, fund managers, institutional investors and professional services firms, Wealth & Finance INTL has rapidly become the go-to resource for those looking to make the right decisions when it comes to securing and growing their wealth. Wealth & Finance has already begun preparations for publishing the 2016 Alternative Investment Awards winners’ magazine, which will also feature on the ‘Wealth & Finance’ website for 12 months, as a platform for finding new clients and partners. Reaping the benefits of the ambitious strategy, QFB went on a winning streak of awards and recognitions during 2016, with QFB being exclusively named 2016’s ‘Best Up-and-Coming Islamic Financial Institution’ in Global Finance magazine’s ninth annual awards for the World’s Best Islamic Financial Institutions. The Bank won the prestigious award after Global Finance had extensive consultations with bankers, corporate finance executives and analysts throughout the world. Additionally, The Asset, Asia’s leading financial publication for issuers and investors, honored QFB the awards of ‘Bank of the Year, Qatar’ and ‘Best Private Bank, Qatar’ at ‘The Asset Triple A Islamic Finance Awards 2016′. |
| QFB is among the ‘Top 30 counting down Doha’s biggest publicly listed firms’ published by Arabian Business Qatar | Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has been recognized as one of the ‘Top 30 counting down Doha’s biggest publicly listed firms’ by Arabian business Qatar 2016 Edition. Click here to Download |
| Best Private Bank – EMEA Finance Awards | Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), is pleased to announce that it has won the coveted “Best Private Bank in Qatar” title for 2016, from ‘EMEA Finance’, the leading finance magazine in Europe, Middle East and Africa regions. Representing QFB, Mr. Nizar Ahmadi, Head of Private Banking & Wealth Management, collected this accolade at EMEA Finance’s “Middle East Banking Awards 2016” ceremony, held at the Conrad Dubai. Commenting at the event, Ahmadi said: “Winning the accolade for the Best Private Bank in Qatar, proves our evolution in to a Shari’ah compliant private banking while attentive to our clients’ needs and delivering excellence in all aspects. After launching the open architecture platform with the help of leading international partners we do keen in enhancing our Private Banking offerings across Qatar and the region” The Middle East Banking Awards celebrates the achievements of banking institutions that have reported record profits, demonstrated the highest standards of services, developed innovative products, and achieved overall excellence in the industry. This year’s winners are a reflection in many ways of the economies and countries that they serve, and have proved that they are ready for the challenges and opportunities that lie ahead. The prestigious award is the latest of several recognitions QFB has received in 2016, including: – being recognized as “Bank of the Year, Qatar” and “Best Private Bank, Qatar” by The Asset Triple A Islamic Finance Awards, – exclusively named 2016’s ‘Best Up-and-Coming Islamic Financial Institution’ at Global Finance magazine’s ninth annual awards, – winning the ‘Best Shari’ah Alternative Investment Platform’ title by ‘Wealth & Finance’ in this year’s ‘Alternative Investment Awards’, and – being named “Best Shari’ah Compliant Commercial Bank” in Qatar for customer service excellence and product innovation at the 11th Islamic Business & Finance Awards, The prestigious awards celebrate the Bank’s milestone achievements throughout 2016, such as its successful listing on the Qatar Stock Exchange (QSE) in April, introducing its one-of-a-kind open architecture Private Banking platform that allowed QFB to opt for a client centric approach whereby the investment advice is personalized to the financial goals and risk profile of the client, and launching the ‘Ijarah Aviation Structured Investment Product’. EMEA Finance is a leading bi-monthly global industry publication which reports on the major financial events and happenings initiated and influenced by the international financial industry active in Europe, Middle East and Africa. |
| Qatar First Bank won exclusively Global Finance 2016’s Best Up-and-Coming Islamic Financial Institution global award | Qatar First Bank won exclusively Global Finance 2016’s Best Up-and-Coming Islamic Financial Institution global award Reaping the benefits of the strategy it introduced in 2015, Qatar First Bank (QFB), Qatar’s leading Shari’ah compliant bank, has been named exclusively 2016’s ‘Best Up-and-Coming Islamic Financial Institution’ in Global Finance magazine’s ninth annual awards for the World’s Best Islamic Financial Institutions. QFB won the prestigious award after Global Finance had extensive consultations with bankers, corporate finance executives and analysts throughout the world. In selecting the world’s top Islamic Financial Institutions, Global Finance considered a wide range of quantitative factors including growth in assets, profitability, geographic reach, strategic relationships, new business development and product innovations, as well as informed subjective criteria such as reputation, customer satisfaction, and the opinions of analysts and industry experts. Global winners include: Best Islamic Financial Institution Samba Best Bank for Islamic IPOs J.P. Morgan Best Up-and-Coming Islamic Financial Institution Qatar First Bank Best Islamic Custodian Deutsche Bank Best Provider of Shari’ah-Compliant Funds Al Rajhi Capital Best Islamic Financial Institution for SMEs Abu Dhabi Islamic Bank Best Shari’ah-Compliant Index Provider MSCI Islamic Index Family Best Islamic Trade Finance Provider Dubai Islamic Bank Best Islamic Commodities Provider International Islamic Trade Finance Corporation Best Sukuk Bank Maybank Islamic Regional winners include: Gulf Cooperation Council (GCC) Kuwait Finance House Non-GCC Middle East/North Africa Al Baraka Banking Group Asia-Pacific CIMB Islamic Bank Europe Al Rayan Bank |
| Best Shari’ah Compliant Commercial Bank – Qatar at the 11th Islamic Business & Finance Awards | QFB’s Corporate & Institutional Banking division was recognized for customer service excellence and product innovation The Bank’s won the prestigious ‘Best Shari’ah Compliant Commercial Bank - Qatar’ title at the 11th Islamic Business & Finance Awards QFB’s corporate and institutional banking range of products and liability solutions include Wakala, Murabaha, Ijara, Istisna’a, etc. The team has been able to grow QFB’s local asset and liability book, while successfully established footprints across the GCC As per the financial results of the third quarter, QFB: has grown its liability book by more than 10% to QAR 3.37 billion, reflecting investors’ confidence has grown its financing portfolio by around 31% to QAR 1.45 billion Culminating its seventh-year consecutive growth and the excellence it has continuously demonstrated while serving its clients, Qatar First Bank (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has been recognized as the ‘Best Shari’ah Compliant Commercial Bank’ in Qatar, at the 11th Islamic Business & Finance Awards – the most prestigious and the longest established Islamic financial services Awards program in the world. QFB claimed the prestigious title following the closure of the voting period, during which the Bank garnered the most votes from the world’s senior banking professionals and finance industry practitioners. A secure online system collects votes from members of the 68,000 community of CpiFinancial.net, ensuring that the winners crowned on the night are deserving of the title and beyond reproach. QFB’s Head of Whole Sales Banking Sector - Commercial Banking, Mr. Hussein Hamam, collected the award on behalf of the Bank at the Islamic Business & Finance Awards Gala Dinner held at the Emirates Towers Hotel in Dubai. Commenting on the distinctive achievement, Mr. Sulaiman Yousif Al-Salhi, Chief Business Officer of QFB, said: “With our growing range of innovative Shari’ah compliant products and services to the corporate and private banking market, as well as the bank’s continued growth and success in its role as a trusted financial advisor to clients, this highly regarded award is a testament to the Bank’s status as a leading player in Qatar’s Islamic financial industry and its capacity to take on potential market challenges amid the current economic conditions in the region. We are truly honored to be named the ‘Best Shari’ah Compliant Commercial Bank’ in the country at the leading annual event for the global Islamic financial community, and we will continue to work on improving our customers experience, streamlining our operations, and exploring more opportunities that contribute positively to our shareholders value and demonstrate genuine growth and profitability.” QFB’s Corporate & Institutional Banking team has been able to maintain a growing portfolio offering clients a wide range of financing products and liability solutions including Wakala, Murabaha, Ijara, Istisna’a and others. The Bank’s client base encompasses government, private and public entities belonging to a diverse set of economic sectors such as trading, manufacturing, healthcare, private equity, retail, real estate and contracting, etc. The team has not only been able to grow the Bank’s local asset and liability book, but has also successfully established footprints in the regional GCC market via lucrative syndicate deals. During this year, the bank has grown its liability book by more than 10% to QAR 3.37 billion, according to Q3 2016 financials, reflecting investors’ confidence in the bank. Despite the volatile market conditions the Bank has also grown its financing portfolio by around 31% to QAR 1.45 billion recorded in the third quarter 2016 announcement. To further strengthen QFB’s position and expand the client base, the Bank’s team is heavily involved in product development and service improvement. Additionally, the team successfully added a new revenue stream by placing investment products with their corporate clients; demonstrating the synergies between departments – a hallmark to QFB’s strategy. The Islamic Business & Finance Awards are a showcase of industry excellence for the Islamic Banking and Finance sectors in the world. The great and the good of the industry are brought together at the Islamic Business & Finance Awards, with more than 300 senior figures from the world’s leading financial institutions gathering to witness the winners in the widely contested categories. With a circulation of 12,697 copies distributed to all C-level executives in Islamic financial institutions around the world, the magazine has continued to be the key communication platform for the financial community. The Islamic Business & Finance Awards’ accolade is the latest of several recognitions QFB has received in 2016, including being exclusively named 2016’s ‘Best Up-and-Coming Islamic Financial Institution’ in Global Finance magazine’s ninth annual awards, as well as winning the ‘Best Shari’ah Alternative Investment Platform’ title by ‘Wealth & Finance’ in this year’s ‘Alternative Investment Awards’. Last but not least, The Asset, Asia’s leading financial publication for issuers and investors, honoured QFB the awards of ‘Bank of the Year, Qatar’ and ‘Best Private Bank, Qatar’ at the The Asset Triple A Islamic Finance Awards 2016. The prestigious awards celebrate the Bank’s milestone achievements throughout the year, such as its successful listing on the Qatar Stock Exchange (QSE) in April, introducing its one-of-a-kind open architecture Private Banking platform that allowed QFB to opt for a client centric approach, partnering with the some of the world’s leading institutions to broaden its offerings to clients and fuel its growth strategy, as well as launching the series of innovative Shari’ah compliant structured investment opportunities that were met with great enthusiasm by private, corporate and institutional clients. |
| QFB wins IFN “Deal of the Year” Award for the Ezdan Holding US$500 million Sukuk issuance | |
| Qatar First Bank Receives IFN Deal of the Year Award | Qatar First Bank, Qatar’s first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority received the Islamic Finance News (IFN) Qatar Deal of the Year award 2014. Bringing together over 400 regional and global industry professionals from around the world, the prestigious annual Deals of the Year ceremony event was held at the Ritz Carlton Hotel –DIFC in Dubai. The gala ceremony celebrated achievement among top Islamic bankers, issuers, advisors and Islamic banking and finance institutions. QFB acted as a Co- Arranger for Ezdan Holdings Group’s first tranche of its USD 500 mn debut syndication in April of last year. The transaction is considered the first fully Shari’ah compliant international syndication Ijarah for Qatari corporate in the real estate sector. The deal attracted a number of local and international banks and was led by Barwa Bank. Commenting on this recognition Ahmad Meshari, Acting Chief Executive Officer of QFB said: “We are very proud to have received this distinguished award. The award is a testament to the combined efforts that has been put into this landmark transaction. QFB is pleased to have participated in this first of its kind transaction that met Ezdan Holdings objectives while demonstrating the ability of Islamic Banks in Qatar to handle complex Islamic financing structures.” The Islamic Finance news Awards is well recognized in the Islamic financial industry. It is considered one of the highly credible awards by the global Islamic capital markets. Nearly 30 transactions were nominated for the 2014 IFN Deal of the year, winners were selected on the basis of comprehensive selection criteria including structure, location, and deal size amongst other. |
| CPI Financial recognizes QFIB as the “Best Investment Bank in the GCC f or 2011” during the Islamic Business & Finance Awards |
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