Lesha Bank LLC, the first independent Shari’a-compliant bank in Qatar, has successfully acquired five Boeing 777-300ER aircraft leased to a leading airline, marking a significant milestone in its aviation and aircraft leasing strategy.
This strategic acquisition highlights Lesha Bank’s commitment to its aviation strategy, emphasizing its plans for Shari’a-compliant investments in the sector. The move underscores the bank’s focus on developing expertise in aviation, a key area for its future business growth.
Mohammed Ismail Al Emadi CEO – Lesha Bank
“In the evolving economic landscape, aviation and aircraft leasing present a number of compelling opportunities. This acquisition reinforces our commitment to the expanding aviation sector, leveraging deep expertise and aligning with our strategic focus on potential long-term value creation. This milestone represents a significant step towards building out our aviation portfolio. We look forward to building scale in this area and growing aviation into a meaningful part of our investments.”
Formerly known as Qatar First Bank (QFB), the bank serves as an investment partner in offering attractive, premium investment opportunities and innovative financial solutions with local, regional, and international reach.
By offering high-net-worth individuals and corporates a range of innovative, tailormade Shari’a-compliant financial products and solutions, Lesha bank remains committed to enhancing its role as a trusted advisor and gateway to opportunities in Qatar, and global markets with an emphasis on US, Europe, and the MENA region.
The bank strives to emerge as a global leader in Shari’a-compliant investment banking by providing innovative investment opportunities to drive sustainable growth.
