Latest news with #LeshaBank
Zawya
7 days ago
- Business
- Zawya
Lesha Bank records net profit of QAR 82.4mln for the first half of 2025
Lesha Bank LLC (Public) ('Lesha Bank' or the 'Bank') announced its financial results for the period ended 30 June 2025. The Bank achieved a net profit of QAR 82.4 million, attributable to the equity holders, marking a 52.3% increase compared to the same period in the previous year. The Bank sustained its positive momentum across the investment portfolio, with Assets Under Management (AUM) reaching QAR 10.8 billion, reflecting a 61.3% increase year-over-year. At the same time, total investments recorded a growth of 14.7%, standing at QAR 3.7 billion. Total income climbed to QAR 198.4 million, reflecting a 12.5% increase compared to the same period last year. As profitability strengthened, total equity rose to QAR 1.4 billion, up 9.7% from the same period last year. Key performance indicators also demonstrated resilience: the return on average equity (ROAE) stood at 12.1%, and the return on average assets (ROA) reached 2.4%. The Bank's book value per share was QAR 1.24, with annualized earnings per share of QAR 0.147. As of 30 June 2025, the capital adequacy ratio stood at a healthy 16.04%, underscoring Lesha Bank's solid financial foundation and prudent capital management. HE Sheikh Faisal bin Thani Al Thani, Lesha Bank Chairman, commented: 'The Bank maintained a robust momentum in the first half of 2025, achieving a healthy returns and double-digit growth across key performance indicators. This performance underscores the resilience of our diversified business model and our commitment to delivering tailored, high-impact investment solutions. Despite ongoing macroeconomic headwinds, our clearly defined strategy continues to steer us toward promising regional and global opportunities, enabling us to unlock growth and long-term value to the shareholders.' Mohammed Ismail Al Emadi, Lesha Bank CEO, added: 'We are pleased with our positive performance in the first half of 2025, continuing our steady and agile approach amid the dynamic market conditions. Through our client centric approach and maintaining a careful focus on sourcing and managing high-quality assets, we've continued to deliver stable returns. Looking ahead to the second half of the year, we aim to further broaden our footprint by tapping into emerging global and regional investment trends—aligning with the evolving needs of our clients and reinforcing our position as a trusted partner in value-driven investment opportunities.' The press release and the full set of financial statements are available on its website at Lesha Bank LLC (Public) is a Shari'a-compliant investment Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ).
Zawya
7 days ago
- Business
- Zawya
Qatar: Lesha Bank net profit jumps 52.3% year-on-year to $22.63mln in H1
Qatar - Lesha Bank has achieved a net profit of QR82.4mn, attributable to the equity holders, in the first half (H1) of 2025, marking a 52.3% increase compared to the same period in the previous year. The bank sustained its positive momentum across the investment portfolio, with assets under management (AUM) reaching QR10.8bn, reflecting a 61.3% increase year-over-year. At the same time, total investments recorded a growth of 14.7% to QR3.7bn. Total income climbed to QR198.4mn, reflecting a 12.5% increase on annualised basis. As profitability strengthened, total equity rose to QR1.4bn, up 9.7% from the same period last year. Key performance indicators also demonstrated resilience with the return on average equity (ROAE) at 12.1%, and the return on average assets (ROA) at 2.4%. The bank's book value per share was QR1.24, with annualised earnings-per-share of QR0.147. As of June 30, 2025, the capital adequacy ratio stood at a healthy 16.04%, underscoring Lesha Bank's solid financial foundation and prudent capital management. 'The bank maintained a robust momentum in H1-2025, achieving a healthy returns and double-digit growth across key performance indicators. This performance underscores the resilience of our diversified business model and our commitment to delivering tailored, high-impact investment solutions," said HE Sheikh Faisal bin Thani al-Thani, Lesha Bank Chairman. Despite ongoing macroeconomic headwinds, he said, the bank's clearly defined strategy continues to steer it towards promising regional and global opportunities, enabling it to unlock growth and long-term value to the shareholders. Mohammed Ismail al-Emadi, Lesha Bank Chief Executive Officer, said it is pleased with the positive performance in H1-2025, continuing steady and agile approach amid the dynamic market conditions. "Through our client centric approach and maintaining a careful focus on sourcing and managing high-quality assets, we've continued to deliver stable returns. Looking ahead to the second half of the year, we aim to further broaden our footprint by tapping into emerging global and regional investment trends — aligning with the evolving needs of our clients and reinforcing our position as a trusted partner in value-driven investment opportunities," he said. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Zawya
16-04-2025
- Business
- Zawya
Lesha Bank 2025 Q1 Net Profit rises by 41% to QAR40.5mln
Lesha Bank LLC (Public) ('Lesha Bank' or the 'Bank') has announced its financial results for the three-month period ended March 31, 2025, reporting a net profit of QAR 40.5 million attributable to the equity holders of the Bank. This reflects a 41% increase compared to the same period last year, primarily driven by its aviation-related investments and strong double-digit growth across most key performance indicators. As a result of strategic capital deployment across high-yield opportunities the Bank's total assets under management (AUM) grew to QAR 10.7 billion, marking 67% year-on-year increase. In parallel, the Bank's total investments rose by 28%, reaching QAR 3.7 billion compared to the same period last year. Total Income net of funding cost stood at QAR 71.6 million representing a 17% growth compared to Q1 last year. The Bank's continued profitability led to total equity rising to QAR 1.33 billion, reflecting a 7% increase compared to the same period last year. Book value per share stood at QAR 1.19, while annualized earnings per share (EPS) reached QAR 0.144. Return on Equity and Returns on Assets increased and stood at 12.09% & 2.34% respectively. The Bank successfully completed several key aviation-related transactions in Q1 2025, including the acquisition of an indirect stake in Edinburgh Airport through an investment in an infrastructure-focused fund. In addition, the Bank strengthened its aviation portfolio with the acquisition of four Airbus A350-1000 aircraft. Notably, Lesha Bank was also recognized among Forbes Middle East's Top 40 Asset Managers for 2025. HE Sheikh Faisal bin Thani Al Thani, Lesha Bank Chairman, commented 'Our overall performance across business operations, investments, transactions, and financial indicators has demonstrated consistent quarter-on-quarter growth. This upward trajectory is fueled by our agile strategies, long-term vision, and steadfast commitment to robust investment principles. The strong Q1 results stand as further testament to how we are effectively capitalizing on favorable market conditions and making bold moves into high-growth sectors' Mohammed Ismail Al Emadi, Lesha Bank CEO, added 'Our first quarter has provided a strong start to 2025, with key investment and financial indicators showing healthy growth and positive momentum. Our renewed focus on aviation-related investments continues to gain traction, reflecting strong client appetite and market acceptance. We remain committed to strategically investing in high-potential markets, sectors, and deals—scaling our portfolio and enhancing value for our shareholders.' The press release and the full set of financial statements are available on its website at Lesha Bank LLC (Public) is the first independent Shari'a-compliant Bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ).
Zawya
28-03-2025
- Business
- Zawya
Lesha Bank acquires an indirect stake in Edinburgh airport
Lesha Bank LLC (Public) ('Lesha Bank' or the 'Bank') recently indirectly acquired a stake in Edinburgh airport, through an investment in an infrastructure-focused investment fund managed by a renowned infrastructure fund manager. This investment aligns with the Bank's strategic focus on resilient asset classes and marks the Bank's entry into the global infrastructure investment market. This acquisition is also a key step forward in Lesha Bank's aviation strategy, following its recent successful acquisition of several aircraft leased to a leading airline. It further reinforces the Bank's commitment to expanding its aviation and infrastructure portfolio, with the investment being structured by way of a Shari'a-compliant financing arrangement. Lesha Bank CEO, Mr. Mohammed Ismail Al Emadi, commented: 'This marks a significant milestone for us as we enter the global infrastructure investment market through investing in Edinburgh airport. As part of our infrastructure investment portfolio, we seek attractive investment opportunities that may drive long-term value. Our recent focus on aviation investments has been met with strong demand from our clients, given the sector's robust growth potential. This strategic collaboration with our business partners reinforces our commitment to delivering value for all stakeholders involved.' Lesha Bank LLC (Public) is the first independent Shari'a-compliant Bank authorized by the Qatar Financial Centre Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ).
Arab News
27-03-2025
- Business
- Arab News
Qatar's Lesha Bank expands global footprint with $57.65m stake in Edinburgh Airport
JEDDAH: Qatar's Lesha Bank has acquired a 210 million Qatari riyals ($57.65 million) stake in Edinburgh Airport, marking its debut in the global infrastructure investment market. The bank, the first independent Shariah-compliant institution authorized by the Qatar Financial Centre Regulatory Authority, announced that the investment is being managed by a respected infrastructure fund manager. This move aligns with the bank's strategic focus on resilient asset classes and marks a significant step in its global infrastructure investment journey, according to a statement from Lesha Bank. Lesha Bank CEO Mohammed Ismail Al-Emadi described the investment in Edinburgh Airport as a key milestone for the institution. 'As part of our infrastructure investment portfolio, we seek attractive investment opportunities that may drive long-term value. Our recent focus on aviation investments has been met with strong demand from our clients, given the sector's robust growth potential,' he said. The CEO, who has recently been featured in Forbes' list of the top 40 asset managers in the Middle East for 2025, added that the collaboration with their business partners reinforces the bank's commitment to delivering value for all stakeholders involved. The institution also explained that the acquisition marks an important advancement in its aviation strategy following its recent purchase of multiple aircraft leased to a major airline. The acquisition reinforces its commitment to expanding its aviation and infrastructure portfolio, with the investment structured through a Shariah-compliant financing arrangement, the bank, listed on the Qatar Stock Exchange, said in a filing on March 26. Lesha Bank serves as an investment partner, offering premium financial opportunities and innovative solutions with a broad local, regional, and international reach. The institution continues to strengthen its position as a trusted advisor and gateway to opportunities in Qatar, the wider region, and global markets, with a particular focus on the US, Europe, and the MENA region. The organization also offers high-net-worth individuals and corporates a range of innovative, tailor-made Islamic financial products and solutions covering alternative investments focused on real estate and private equity, along with private wealth, asset management, and investment banking advisory. In January, the bank disclosed the interim financial statement for the 12-month period ending Dec. 31, 2024. The financial statements revealed a net profit of 128,165 million in comparison to 94,388 million for the same period of the previous year.
