QInvest, Qatar’s leading investment bank, has launched the ‘Qatar Equity Protected Note’ that aims to replicate the movements of the most liquid Sharia’a compliant equities with full capital protection. The Note, which has been met with great enthusiasm by investors, offers exposure to a basket of the most liquid and investable Sharia'a-compliant securities listed on the QE.
The subscription for the Note has been closed.
QInvest CEO, Shahzad Shahbaz, said: “We have seen an overwhelming response from the market as investors look to maximize returns whilst maintaining capital protection”.
He added: “The note is one of a series of investment products QInvest is bringing into the market in the coming months, and demonstrates our strong Sharia’a compliant structuring capabilities and commitment to meeting client needs.”
Further commenting on the success of the note, Nader Shenouda, Head of Placement & Wealth Management, said “Clients’ positive reaction indicate that they were attracted by the risk return ratio the note offered. With interest rates at historical lows, the note is a much more rewarding alternative to cash deposits.”
Complementing this success, QINVEST announced the dates of its 3rd Annual Qatar Global Investment Forum 2011 to be held on the 16th of November at the Four Seasons Hotel in Doha - Qatar. The event is hosted by QINVEST, organized by Institutional Investor Conferences and Lead Sponsored by Qatar Financial Centre. The focus will be on investment opportunities and risks in Qatar, GCC and the major growth economies surrounding the region including Turkey, India, etc. Among the respected speakers and panelists, Nassim Taleb, the author of “The Black Swan and distinguished scientific advisor to Universa Investments LP”, has confirmed his participation and will deliver a keynote speech.