trending Market Intelligence /marketintelligence/en/news-insights/trending/h8HzjQNDklW-C1dOUbRM0g2 content esgSubNav
In This List

Qatar to launch energy-focused Islamic lender in Q4

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency

Blog

Data Insights: Enhancing regulatory compliance and client lifecycle management.

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Banking Essentials Newsletter: 7th February Edition


Qatar to launch energy-focused Islamic lender in Q4

Qatar plans to launch an Islamic bank focused on financing energy projects in the fourth quarter of 2019, an executive of the new institution said March 19.

Energy Bank has paid-up capital of $2.5 billion and seeks to raise this to $10 billion, the chairman of its media committee, Mohammed al-Marri, said at a news conference. The new bank will finance private-sector and government projects in Qatar and elsewhere, he reportedly added, without specifying how it planned to raise the additional capital or how much it would put toward projects beyond Qatar.