|
|
|
|
|
|
|
|
European Finance House is a fully-fledged, London-based, Islamic investment bank – having received FSA authorisation on 29 January 2008. It is engaged in the full range of Islamic investment banking activities.
This exciting new bank is in the unique position of being able to draw on the 25 years of experience which has been built up by its parent company, Qatar Islamic Bank ("QIB"). QIB was the first full Islamic bank to be established in Qatar and has an illustrious record of developing and implementing Shari'a-compliant financial solutions on behalf of clients, making it the perfect partner for an ambitious international investment bank such as European Finance House ("EFH").
Cross-functioning teams at EFH and QIB are actively meeting the requirements of the sophisticated London markets and are giving EFH a clear competitive advantage. As the face of QIB in Europe, EFH is in a position to structure and finance deals of almost any size by leveraging QIB's balance sheet and by utilising the Group's very extensive cross-selling platform. EFH is also able to build on and further develop the commercial links of QIB, whilst working to reinforce its unique European identity by means of the development of its own targeted client base, together with a broad spectrum of partner financial institutions.
In the near-term, EFH's strategy will focus on the establishment of a "cutting edge" position in the rapidly-expanding area of Islamic finance. Specifically, the bank's core business areas are Asset Management, Corporate and Institutional Finance, Corporate Advisory and Real Estate. A key objective is to build close partnerships with the bank's corporate, institutional and high-net-worth clients by means of the provision of first-in-class Shari'a-compliant alternative investment and financing solutions.
Michael Clark, Chief Executive of European Finance House comments:
"With the very significant backing of our shareholders, European Finance House will become one of the leading European Islamic banks, by means of a sustained focus on the fastest growing sector of financing and investment. London is now widely regarded as the principal financial hub for Islamic banking outside the Middle East and we intend to meet this expanding market with high quality products and services which will enable us to build ever-closer partnerships with our clients". |
|
|
