Qatar Ladies Investment Company introduces first online Islamic offering in Qatar

Through its partnership with iHilal, QLIC now provides its customers with Islamic investment services available in global financial markets. Islamic equities from iHilal are determined to be Shar'iah-compliant through the use of iHilal's Islamic Stock Filter, which is based upon the Dow Jones Islamic Filter.

"QLIC is focused on providing innovative and best-of-breed financial products and services to its customer base in Qatar," said Sheikha Hanadi Bint Nasser Al Thani, QLIC Managing Director. "We aspire to be at the forefront of advanced investment solutions that meet our clients' demands, and iHilal is the ideal partner for Islamic investment opportunities," she added.

Qatar Ladies Investment Company is the first established investment institution to be licensed and regulated by Qatar Central Bank. Although serving both men and women, QLIC gives special attention to the investment needs of female investors. The investment leader has a host of financial investment services and activities that include asset management, corporate services, family financial planning, and Islamic services.

"iHilal Financial Services offers a scalable brokerage and funds solution that would enable QLIC to participate in the online investment services market without having to invest in a costly, Islamic-compliant, proprietary e-commerce platform," continued Sheikha Hanadi Bint Nasser Al Thani.

iHilal's co-branded platform enables QLIC to provide its customers with benefits that include Islamic stock trade opportunities, Shari'ah-compliant mutual funds, and numerous investor decision-making tools.

"The benefits of iHilal's new partnership with QLIC are two-fold: QLIC's clients now have access to Islamic investment offerings available in world-leading financial markets through a regulated and credible platform, and iHilal now has gained access to the important financial market of Qatar through the leading regulated & licensed investment company," added Abu Khadra.

In addition, as demand for Islamic financial products increases, iHilal's co-branded platform now allows QLIC to retain existing clients, attract new customers, expand its current service offerings, and introduce a new revenue stream for its operations.