03/04/2018 08:19 AST

Amwal, the Qatar Financial Centre (QFC) authorised firm, has succeeded in listing and management of the largest exchange-traded fund (ETF) in the Gulf Co-operation Council (GCC) region, according to a top official of the QFC Authority (QFCA).

Being traded under the symbol QETF on the Qatar Stock Exchange (QSE), it is the first of its kind in the country that will measure price performance of the top 20 largest and most liquid companies on the local bourse. Established by Doha Bank and managed by Amwal, QETF has already surpassed the size of any other ETF in the GCC with an initial open-ended capital of QR150mn.

"One of the key points in our strategy was to increase growth in assets for QFC firms and we are doing just that. As Qatar's growth continues, we are expecting the ETF market to further expand, with added opportunity for more of our firms to take part in trading," QFCA chief executive Yousuf Mohamed al-Jaida said.

Qatar First Bank was the first QFC entity to be listed on the QSE. The QFC is aiming to corner at least 5% market capitalisation through the listing of its registered firms on the QSE.

Unveiling the 2017-22 roadmap, the QFC had said it would allow more sukuk, real estate investment trusts and family-owned companies to seek local listings.


Gulf Times

Amwal & TAKAUD to tap investment opportunities

10/11/2016

Amwal, Qatar's first regulated investment company, and TAKAUD, the specialist provider of savings and pension solutions for the MENA region jointly announced their strategic partnership to tap the wi

The Peninsula

Amwal AlKhaleej exits investment in Sarwa Capital

02/02/2016

Amwal AlKhaleej, a leading alternative investment and private equity firm, on Monday announced the successful sale of its investment in Sarwa Capital, the parent company for Contact Auto Credit to t

Saudi Gazette

Amwal launches GCC fund with German firm

11/11/2015

Amwal, Qatar's first regulated investment company and leading independent asset management firm, in collaboration with Germany's leading private bank Donner & Reuschel is launching a new GCC fund. Th

The Peninsula

Ticker Price Volume
Ticker Price Change
ALMUTAHED 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)
Visa partners with Aldar to complete first end to end voice-enabled agentic payment in the region

22/12/2025

Visa and Aldar have announced a strategic collaboration that marks the first live implementation of Visa Intelligent Commerce in the region, introducing end-to-end, voice-enabled agentic payment expe

Khaleej Times

NBB signs deal with Procural to boost digital procurement capabilities

22/12/2025

The National Bank of Bahrain (NBB) has signed a strategic agreement with Procural, a Bahrain-based digital procurement and tendering platform.

The collaboration supports NBB's ongoing digita

Trade Arabia

Basrec partners with Lumofy to build future-ready workforce

22/12/2025

Bahrain Ship Repairing & Engineering Company (BASREC) has signed a strategic agreement with Lumofy, an AI-powered talent development and competency management platform, as part of its commitment to a

Trade Arabia

Burjeel Holdings appoints Dr Shamsheer Vayalil as CEO too

22/12/2025

Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has announced that its Board of Directors has approved the appointment of Dr Shamsheer Vayalil as Chief Executive Off

Trade Arabia

Alba contains industrial fire safely

22/12/2025

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has swiftly contained an industrial fire that broke out at a power rectiformer in the morning of December 19, a company st

Trade Arabia