Wakala

Successful Closing of Series 4 of the Global Wakala Trust Program

Retrieved on: 
Wednesday, May 19, 2021

b'DOHA, Qatar, May 19, 2021 /PRNewswire/ -- Investment House, one of the leading Shariah-compliant investment banks and asset managers in Qatar, closed their fourth Global Wakala Trust Program with Inovalis SA, as manager.\nInvestment House and Inovalis have closed previously three series of the Wakala Trust Certificates with proceeds being invested in Paris and Malaga.

Key Points: 
  • b'DOHA, Qatar, May 19, 2021 /PRNewswire/ -- Investment House, one of the leading Shariah-compliant investment banks and asset managers in Qatar, closed their fourth Global Wakala Trust Program with Inovalis SA, as manager.\nInvestment House and Inovalis have closed previously three series of the Wakala Trust Certificates with proceeds being invested in Paris and Malaga.
  • The equity invested in the Global Wakala Trust Program, is currently around 40 million euros.
  • Three consulates (Kingdom of Saudi Arabia, the United Kingdom and Germany) and to the Government of Andalusia have offices in EurocomSur.
  • The Wakala Trust Program has been a success with our partners.\'\'\nEstablished in 2001, Investment House is a regulated investment company operating under the umbrella of Qatar Central Bank, in accordance with the Shariah principles.

Successful Closing of Series 4 of the Global Wakala Trust Program

Retrieved on: 
Wednesday, May 19, 2021

b'DOHA, Qatar, May 19, 2021 /PRNewswire/ -- Investment House, one of the leading Shariah-compliant investment banks and asset managers in Qatar, closed their fourth Global Wakala Trust Program with Inovalis SA, as manager.\nInvestment House and Inovalis have closed previously three series of the Wakala Trust Certificates with proceeds being invested in Paris and Malaga.

Key Points: 
  • b'DOHA, Qatar, May 19, 2021 /PRNewswire/ -- Investment House, one of the leading Shariah-compliant investment banks and asset managers in Qatar, closed their fourth Global Wakala Trust Program with Inovalis SA, as manager.\nInvestment House and Inovalis have closed previously three series of the Wakala Trust Certificates with proceeds being invested in Paris and Malaga.
  • The equity invested in the Global Wakala Trust Program, is currently around 40 million euros.
  • Three consulates (Kingdom of Saudi Arabia, the United Kingdom and Germany) and to the Government of Andalusia have offices in EurocomSur.
  • The Wakala Trust Program has been a success with our partners.\'\'\nEstablished in 2001, Investment House is a regulated investment company operating under the umbrella of Qatar Central Bank, in accordance with the Shariah principles.