{"id":18972,"date":"2024-11-24T05:54:30","date_gmt":"2024-11-24T05:54:30","guid":{"rendered":"https:\/\/wordpress-1147733-4643473.cloudwaysapps.com\/news\/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed\/"},"modified":"2024-11-24T05:54:30","modified_gmt":"2024-11-24T05:54:30","slug":"qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed","status":"publish","type":"post","link":"https:\/\/rvrising.com\/blogs\/news\/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed\/","title":{"rendered":"Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span class=\"xn-person\">Khalid Al Jassim<\/span>, Executive Chairman of Wahed MENA said: &#8216;We are delighted to welcome our new shareholders, QDB. We believe <span class=\"xn-location\">Qatar<\/span> is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.<\/p>\n<p><span class=\"xn-person\">Ali Rahimtula<\/span>, Partner at Cue Ball Capital said: &#8220;Qatar Development Bank&#8217;s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.&#8221;<\/p>\n<p><b>About Wahed<\/b><\/p>\n<p>Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over <span class=\"xn-money\">$ 1 billion<\/span> in assets.<\/p>\n<p>For more information, visit: <u><a rel=\"nofollow noopener\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4310884-1&amp;h=943876094&amp;u=http%3A%2F%2Fwww.wahed.com%2F&amp;a=www.wahed.com\" target=\"_blank\">www.wahed.com<\/a><\/u><\/p>\n<p><b>About Qatar Development Bank<\/b><\/p>\n<p>Qatar Development Bank&#8217;s mission is to advance the economic and innovation development cycle of <span class=\"xn-location\">Qatar<\/span>, supporting and contributing to the nation&#8217;s economic diversification. As well as a focus on the development of <span class=\"xn-location\">Qatar&#8217;s<\/span> private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.<\/p>\n<p>For more information, visit: <u><a rel=\"nofollow noopener\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4310884-1&amp;h=629350722&amp;u=https%3A%2F%2Fwww.qdb.qa%2F&amp;a=https%3A%2F%2Fwww.qdb.qa%2F\" target=\"_blank\">https:\/\/www.qdb.qa\/<\/a><\/u><\/p>\n<p>SOURCE Wahed<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY64992&amp;Transmission_Id=202411240000PR_NEWS_USPR_____NY64992&amp;DateId=20241124\" style=\"border:0px; width:1px; height:1px;\"\/>\n                    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Khalid Al Jassim, Executive Chairman of Wahed MENA said: &#8216;We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":18973,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[204],"tags":[],"class_list":["post-18972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/posts\/18972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/comments?post=18972"}],"version-history":[{"count":0,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/posts\/18972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/media\/18973"}],"wp:attachment":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/media?parent=18972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/categories?post=18972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/tags?post=18972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}