Doha: Lesha Bank LLC (Public) announced on Tuesday an indirect investment of approximately QR 273 million through an investment fund managed by the bank in CVC-PE Global Private Equity, a sub-fund of CVC Private Equity Strategies Funds S.A. SICAV (the CVC Fund).
According to Qatar News Agency, the bank disclosed in a filing with the Qatar Stock Exchange (QSE) that this investment is part of its strategic plan to enhance its investment presence and diversify its activities. This move aligns with Lesha Bank's sustainable growth objectives.
The bank further detailed that the investment was structured through a special purpose vehicle (SPV) and executed in accordance with Shari'a principles, underscoring its commitment to adhering to Islamic financial guidelines in its operations.