Investment House closes series 4 Global Wakala Trust Program successfully 20 May 2021 - 9:36 The Peninsula Doha: Investment House, one of the leading Shariah-compliant investment banks and asset managers in Qatar, has announced the successful closing of its fourth Global Wakala Trust Program with Inovalis, as manager. Investment House and Inovalis have previously closed three series of the Wakala Trust Certificates with proceeds being invested in Paris and Malaga. The equity invested in the Global Wakala Trust Program, is currently around €40m. The Program is managed by Inovalis that has achieved an 8 percent annual return with 5 years holding period investing in income generating office buildings in Germany, France and Spain.