Shariah-compliant lender Gatehouse Bank has announced Threadneedle as an equity investor in the business.
The UK investment manager has taken a 2% stake in Gatehouse, which originates Shariah-compliant investment opportunities for clients.
Ted Truscott, chairman of Threadneedle, said “Gatehouse’s combination of Shariah-compliant investment expertise, its track record and the breadth of its relationships across the GCC region and Southeast Asia are unrivalled. We are excited to make this investment into Gatehouse and look forward to exploring areas of mutual interest.”
