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Emirates Islamic partners with Leonteq to unveil innovative Shariah-compliant structured products
Emirates Islamic partners with Leonteq to unveil innovative Shariah-compliant structured products

Zawya

time2 days ago

  • Business
  • Zawya

Emirates Islamic partners with Leonteq to unveil innovative Shariah-compliant structured products

Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a new partnership with Leonteq Securities AG (Leonteq), one of the leading structured product issuers headquartered in Switzerland, for the distribution of Shariah-compliant structured products. This milestone collaboration will expand the Shariah-compliant product offering of Emirates Islamic in the Wealth Management domain and combines capabilities designed to bring best-in-class Islamic solutions to the market that are not only relevant and innovative, but also deeply aligned with customers' evolving needs. Leonteq's recently launched Shariah-compliant Trust Certificate Issuance and Offering Programme will be used to issue these Shariah-compliant structured products. Emirates Islamic will co-design products issued under this programme, while Leonteq will provide end-to-end services including issuance arrangement, Shariah-compliant hedging instruments and lifecycle management. These Shariah-compliant structured products represent a dynamic and increasingly important asset class for sophisticated investors seeking Shariah-compliant instruments, customised risk-return profiles, capital protection, and market-linked opportunities. Through this agreement, Emirates Islamic is combining the strength of Leonteq's structuring expertise and global product capabilities with the deep client relationships, regulatory robustness and market insights of Emirates Islamic. This collaboration will provide clients access to tailored investment strategies that align with their unique objectives and risk appetites. Farid AlMulla, Chief Executive Officer at Emirates Islamic, commented: 'Emirates Islamic is pleased to partner with Leonteq to drive Islamic banking innovation in the region. The announcement adds relevance as we recognise the growing appetite among investors in the region for diversification and enhanced yield strategies. This partnership further reinforces our position as a forward-thinking financial institution with a promise to offer our customers best-in-class Shariah-compliant products of the highest ethical standards.' Mohammad Kamran Wajid, Deputy CEO at Emirates Islamic, said: 'We are excited to initiate a partnership with Leonteq. At Emirates Islamic, we have always been committed to remain at the forefront of banking innovation, delivering well-governed and client-centric investment solutions through our various channels. The collaboration with Leonteq is a shared vision to facilitate access to sophisticated investment solutions while maintaining the highest standards of transparency, suitability and governance.' Victor Hayek, CEO MENA of Leonteq, stated: 'We are thrilled to unveil our partnership with Emirates Islamic, showcasing a unique approach at the forefront of Islamic innovation. This collaboration enables Emirates Islamic clients to access an exclusive Shariah-compliant structured product offering, co-designed with Emirates Islamic, at a highly competitive minimum ticket size.' About Emirates Islamic: Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. Emirates Islamic offers a comprehensive range of Shariah-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 40 branches and 229 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first Islamic bank in the UAE to launch a mobile banking app and offer Apple Pay, as well as being the first Islamic bank in the world to launch Chat Banking services for customers via WhatsApp. Emirates Islamic has consistently received local and international awards, in recognition of its strong record of performance and innovation in banking. Emirates Islamic was recognized as 'Best Overall Islamic Bank' and 'Most Innovative Islamic Bank' at the Islamic Finance News Awards 2024. The Bank was also named the 'Most Innovative Islamic Bank' at the prestigious Euromoney Islamic Finance Awards 2024. As part of its commitment to the UAE community, the Emirates Islamic Charity Fund provides financial aid to those in need, with a focus on food, shelter, health, education and social welfare contributions. For further information please visit About LEONTEQ Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries across Europe, Middle East and Asia. Leonteq Securities AG is the main operating subsidiary of Leonteq AG. The company is a securities firm regulated by the Swiss Financial Market Authority FINMA and was assigned a BBB credit-rating by Fitch Ratings. Leonteq AG is listed on the SIX Swiss Exchange (SIX: LEON) and was assigned with an AA ESG-rating by MSCI.

Switzerland's Leonteq Partners with Emirates Islamic on Shari'a-Compliant Structured Products
Switzerland's Leonteq Partners with Emirates Islamic on Shari'a-Compliant Structured Products

Fintech News ME

time2 days ago

  • Business
  • Fintech News ME

Switzerland's Leonteq Partners with Emirates Islamic on Shari'a-Compliant Structured Products

Leonteq, a Zurich-based fintech company, announced today the formation of a partnership with Emirates Islamic, a financial institution in the UAE, to manufacture and distribute Shari'a-compliant structured products. The collaboration builds on Leonteq's strategic move into the Gulf region. In 2022, the firm introduced a Shari'a-compliant trust certificate issuance programme through IBDAA Certificate Issuer (IBDAA), a dedicated Islamic issuance vehicle. Amanie Advisors, a recognised Shari'a advisory firm, has been engaged by Leonteq to provide guidance on the Shari'a aspects of the programme and subsequent initiatives involving IBDAA. Under this partnership, Emirates Islamic will co-develop certain trust certificates issued by IBDAA and offer these products through its distribution network. Leonteq will support the initiative by providing a full range of services, including issuance arrangements, Shari'a-compliant hedging, and lifecycle management. This collaboration marks a notable development in the Islamic structured product space, bringing together Leonteq's capabilities in investment solutions, structuring, and technology with Emirates Islamic's market presence, credit standing (rated A+ by Fitch), and reach in the UAE wealth management sector. Clients of Emirates Islamic will gain access to investment solutions that were previously limited in availability or scale. These products will be issued via IBDAA, which is among the first Islamic issuance entities able to offer a broad range of payoff structures across various asset classes, supported by automation and flexible investment thresholds. Christian Spieler, CEO of Leonteq, commented: 'We are proud to partner with Emirates Islamic, a top tier institution in the Middle East. This collaboration will allow clients of Emirates Islamic to benefit from Leonteq's longstanding expertise in white-labelling solutions and marks a milestone for Leonteq's growth ambitions in the Middle East.' Farid AlMulla, CEO of Emirates Islamic, said: 'We have always endeavoured to offer Islamic solutions that make a difference in the lives of our customers and beyond. This new partnership will enable our clients, in particular, to benefit from an even bigger product universe that further enhances their investment choices and access to global markets.' Emirates Islamic, a member of the Emirates NBD Group, was established in 2004. It offers a wide range of Shari'a-compliant retail, business, and corporate banking services through a network of 40 branches across the UAE.

Leonteq's (VTX:LEON) Dividend Is Being Reduced To CHF0.25
Leonteq's (VTX:LEON) Dividend Is Being Reduced To CHF0.25

Yahoo

time27-03-2025

  • Business
  • Yahoo

Leonteq's (VTX:LEON) Dividend Is Being Reduced To CHF0.25

Leonteq AG's (VTX:LEON) dividend is being reduced from last year's payment covering the same period to CHF0.25 on the 2nd of April. This means that the dividend yield is 1.4%, which is a bit low when comparing to other companies in the industry. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Even a low dividend yield can be attractive if it is sustained for years on end. The last dividend made up quite a large portion of free cash flows, and this was made worse by the lack of free cash flows. We think that this practice can make the dividend quite risky in the future. Looking forward, earnings per share is forecast to rise exponentially over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 6.5%, which would make us comfortable with the dividend's sustainability, despite the levels currently being elevated. See our latest analysis for Leonteq The company's dividend history has been marked by instability, with at least one cut in the last 10 years. The annual payment during the last 10 years was CHF1.50 in 2015, and the most recent fiscal year payment was CHF0.25. This works out to a decline of approximately 83% over that time. A company that decreases its dividend over time generally isn't what we are looking for. Dividends have been going in the wrong direction, so we definitely want to see a different trend in the earnings per share. Over the past five years, it looks as though Leonteq's EPS has declined at around 37% a year. Such rapid declines definitely have the potential to constrain dividend payments if the trend continues into the future. It's not all bad news though, as the earnings are predicted to rise over the next 12 months - we would just be a bit cautious until this becomes a long term trend. Overall, it's not great to see that the dividend has been cut, but this might be explained by the payments being a bit high previously. The payments are bit high to be considered sustainable, and the track record isn't the best. Overall, we don't think this company has the makings of a good income stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've identified 4 warning signs for Leonteq (1 can't be ignored!) that you should be aware of before investing. Is Leonteq not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Analysts Just Shaved Their Leonteq AG (VTX:LEON) Forecasts Dramatically
Analysts Just Shaved Their Leonteq AG (VTX:LEON) Forecasts Dramatically

Yahoo

time12-02-2025

  • Business
  • Yahoo

Analysts Just Shaved Their Leonteq AG (VTX:LEON) Forecasts Dramatically

One thing we could say about the analysts on Leonteq AG (VTX:LEON) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business. After the downgrade, the two analysts covering Leonteq are now predicting revenues of CHF258m in 2025. If met, this would reflect a notable 8.6% improvement in sales compared to the last 12 months. Per-share earnings are expected to leap 366% to CHF1.56. Before this latest update, the analysts had been forecasting revenues of CHF289m and earnings per share (EPS) of CHF2.57 in 2025. It looks like analyst sentiment has declined substantially, with a substantial drop in revenue estimates and a pretty serious decline to earnings per share numbers as well. View our latest analysis for Leonteq It'll come as no surprise then, to learn that the analysts have cut their price target 19% to CHF17.00. Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. One thing stands out from these estimates, which is that Leonteq is forecast to grow faster in the future than it has in the past, with revenues expected to display 8.6% annualised growth until the end of 2025. If achieved, this would be a much better result than the 0.05% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 5.5% per year. Not only are Leonteq's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry. The biggest issue in the new estimates is that analysts have reduced their earnings per share estimates, suggesting business headwinds lay ahead for Leonteq. While analysts did downgrade their revenue estimates, these forecasts still imply revenues will perform better than the wider market. With a serious cut to this year's expectations and a falling price target, we wouldn't be surprised if investors were becoming wary of Leonteq. After a downgrade like this, it's pretty clear that previous forecasts were too optimistic. What's more, we've spotted several possible issues with Leonteq's business, like its declining profit margins. For more information, you can click here to discover this and the 3 other risks we've identified. Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Leonteq Leads The Pack Of 3 Insider-Favored Growth Stocks
Leonteq Leads The Pack Of 3 Insider-Favored Growth Stocks

Yahoo

time28-01-2025

  • Business
  • Yahoo

Leonteq Leads The Pack Of 3 Insider-Favored Growth Stocks

As global markets continue to navigate the evolving landscape of U.S. policy changes and AI-driven optimism, major indices like the S&P 500 have reached new heights, buoyed by a resurgence in growth stocks. In this environment, companies with high insider ownership often attract attention as they signal confidence from those closest to the business operations. Name Insider Ownership Earnings Growth Duc Giang Chemicals Group (HOSE:DGC) 31.4% 22.7% Seojin SystemLtd (KOSDAQ:A178320) 32.1% 39.9% CD Projekt (WSE:CDR) 29.7% 34.6% Waystream Holding (OM:WAYS) 11.3% 113.3% Medley (TSE:4480) 34.1% 27.3% On Holding (NYSE:ONON) 19.1% 29.7% Pharma Mar (BME:PHM) 11.9% 55.1% Fine M-TecLTD (KOSDAQ:A441270) 17.2% 135% Fulin Precision (SZSE:300432) 13.6% 71% Elliptic Laboratories (OB:ELABS) 26.8% 121.1% Click here to see the full list of 1468 stocks from our Fast Growing Companies With High Insider Ownership screener. Let's uncover some gems from our specialized screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Leonteq AG offers structured investment products and long-term savings and retirement solutions across Switzerland, Europe, and Asia including the Middle East, with a market cap of CHF331.88 million. Operations: The company generates revenue from its brokerage segment, amounting to CHF244.51 million. Insider Ownership: 17.7% Earnings Growth Forecast: 31.2% p.a. Leonteq's earnings are anticipated to grow significantly at 31.2% annually, outpacing the Swiss market's growth of 11.2%. Despite trading at a substantial discount to its estimated fair value, Leonteq faces challenges with a volatile share price and unsustainable dividend coverage. The company's revenue is expected to grow faster than the Swiss market but remains below significant growth levels. Recent presentations highlight continued investor engagement despite financial hurdles like low return on equity and debt coverage issues. Get an in-depth perspective on Leonteq's performance by reading our analyst estimates report here. Our comprehensive valuation report raises the possibility that Leonteq is priced higher than what may be justified by its financials. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Qingdao Gon Technology Co., Ltd. is involved in the R&D, production, and sale of modified plastic particles and functional plastic plates both domestically and internationally, with a market cap of CN¥6.38 billion. Operations: Qingdao Gon Technology generates revenue through its activities in the research, development, production, and sale of modified plastic particles and functional plastic plates both within China and globally. Insider Ownership: 15.3% Earnings Growth Forecast: 29.6% p.a. Qingdao Gon Technology is trading at a favorable price-to-earnings ratio of 11.7x, below the CN market average of 35.1x, suggesting good relative value. The company's earnings are projected to grow significantly at 29.6% annually, surpassing the broader market's growth rate of 25.1%. Recent earnings reports show revenue growth from CNY 12.67 billion to CNY 14.16 billion year-over-year, with net income rising from CNY 378.15 million to CNY 458.19 million, indicating robust financial performance despite an unstable dividend track record and low future return on equity forecasts. Click here to discover the nuances of Qingdao Gon Technology with our detailed analytical future growth report. Our expertly prepared valuation report Qingdao Gon Technology implies its share price may be lower than expected. Simply Wall St Growth Rating: ★★★★★★ Overview: Dely Inc. plans, develops, manages, and operates multiple smartphone apps and web media with a market cap of ¥46.64 billion. Operations: The company's revenue primarily comes from its Platform Business, generating ¥9.90 billion. Insider Ownership: 20.2% Earnings Growth Forecast: 23.3% p.a. dely inc. recently completed an IPO, raising ¥15.15 billion through a direct listing with sponsor backing, offering 12.63 million shares at ¥1,200 each. The company's earnings are forecast to grow significantly at 23.3% annually, outpacing the JP market's growth rate of 8.1%. Despite having less than three years of financial data and highly illiquid shares, dely inc.'s revenue is expected to grow robustly by 24.8% per year, exceeding market averages. Navigate through the intricacies of dely with our comprehensive analyst estimates report here. According our valuation report, there's an indication that dely's share price might be on the expensive side. Unlock more gems! Our Fast Growing Companies With High Insider Ownership screener has unearthed 1465 more companies for you to here to unveil our expertly curated list of 1468 Fast Growing Companies With High Insider Ownership. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include SWX:LEON SZSE:002768 and TSE:299A. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

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