With a 25-year track record in Islamic finance and a fast-expanding platform of Shariah-compliant leasing and structured credit solutions, InterVest Capital Partners has become a dominant force in the global Islamic leasing market.
Its ability to combine deep sectoral specialisation, asset-based deal structuring and principled Shariah governance sets it apart from competitors in Muslim-majority and conventional markets – making it the clear winner of Euromoney’s award for the world’s best Islamic leasing house.
Leasing is embedded in the firm’s DNA. InterVest originated its earliest transactions through operating lease structures and has since built a diversified Shariah-compliant leasing business spanning areas such as modular equipment, aircraft, transportation and maritime assets. Through Ijarah and other lease-based platforms, InterVest executes real-asset transactions designed to meet fixed-income requirements while preserving Shariah integrity. These activities are housed within fund vehicles such as the Islamic Leasing and Finance Fund, backed by fatwas and overseen by a respected Shariah supervisory board.
The firm operates as both originator and underwriter, enabling it to tailor leasing solutions for global institutional investors. Since becoming fully independent from Wafra Capital Partners in 2022, the 100% employee-owned firm has grown to manage over $10.4bn in unleveraged assets. Gross originations reached $13.9bn across all areas in 2024 – a record year – with the majority of capital deployed through Shariah-compliant mandates focused on specialty finance and real-asset leasing.
As demand for Islamic asset-backed products continues to rise …InterVest is well positioned to lead the next phase of global Islamic leasing innovation
While its leasing activities remain a core focus, InterVest also demonstrates structuring innovation that reinforces its leadership in Islamic asset-based finance. A landmark transaction in 2024 involved a $200m murabaha-based facility for Dispatch Energy in the US. The transaction demonstrated InterVest’s ability to align complex US legal frameworks with Shariah requirements, using a charitable trust and back-to-back asset transfers to deliver fixed returns while maintaining full compliance. “It’s a landmark deal – not just for us, but for Shariah-compliant financing in the US more broadly,” says Hazem Rasbeih, managing director, InterVest Capital Partners.
InterVest’s leasing model is grounded in real-asset ownership, credit enhancement and investor alignment. All leasing portfolios are reviewed annually by the Shariah board, with real-time oversight protocols integrated into InterVest’s systems. The firm’s approach consistently meets fixed-return criteria through short-duration, low-volatility structures across a range of sectors.
As demand for Islamic asset-backed products continues to rise – particularly from GCC investors – InterVest is well positioned to lead the next phase of global Islamic leasing innovation. With its unique blend of scale, origination capability, cross-sector leasing expertise and long-standing commitment to Shariah compliance, InterVest Capital Partners is setting a new global benchmark for Islamic leasing.
