Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”), through its aviation leasing platform, has successfully acquired four Airbus A350-1000 aircraft currently on lease to a leading global airline. This strategic acquisition follows the Bank’s recent acquisition of five Boeing 777-300ER aircraft, bringing its total aviation portfolio to nine aircraft.
Lesha Bank’s strategic focus on the aviation sector reinforces its commitment to target resilient asset classes poised to benefit from rising global demand. The Bank offers investment in aircraft through a Shari’a-compliant platform, making its aviation investments a truly unique offering in the market. The Bank has committed significant resources to gradually build its expertise and presence in the aviation industry. It continues to collaborate with key global airlines and strategic partners to further expand its portfolio and strengthen its position in the sector.
Lesha Bank CEO, Mr. Mohammed Ismail Al Emadi, commented: “We are delighted to have successfully completed further aircraft acquisitions within just three months. Executing these transactions underscores collaborative partnerships and our ability to execute value-driven deals in the global aviation market. Our ambition is to further expand in this potentially profitable asset class by strategically deploying capital across diverse opportunities and aim to drive continued growth.”
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).
