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Qatar’s General Authority of Endowments Partners with Global Islamic Fintech Wahed to Develop AI-Powered Shariah Equity Analysis Platform

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DOHA, Qatar, June 11, 2026 /PRNewswire/ — Wahed, a leading Islamic fintech and asset manager, today announced that its Qatar-based entity, Wahed MENA LLC, has signed a Memorandum of Understanding (MoU) with the The General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs to develop and pilot an artificial intelligence-powered Shariah equity analysis and screening platform tailored to the needs of Qatar’s endowment sector.

Bringing together Wahed’s global expertise in Islamic fintech and asset management with Awqaf’s Shariah and investment expertise in endowment oversight, the initiative is designed to build a smarter, more efficient approach to screening and analysing equities listed on the Qatar Stock Exchange (QSE) for Shariah compliance.

The project supports Awqaf’s efforts to leverage cutting-edge technologies and digital innovation in line with the Ministry’s Strategic Plan (2025-2030), which focuses on digital transformation, artificial intelligence technologies, institutional innovation, performance efficiency and sustainability. It also aligns with Qatar National Vision 2030 and the country’s broader transition toward a knowledge-based economy.

The platform will combine AI-driven equity screening, natural language processing (NLP), financial indicator and ratio analysis, and a bilingual Arabic-English interface to support Awqaf’s internal investment assessment processes. Features under development include dividend screening, historical Shariah compliance tracking, risk-based analysis and an AI-assisted Shariah screening support chatbot for internal use.

By combining financial data analysis, compliance monitoring and intelligent screening capabilities, the platform is expected to enhance the speed, consistency and scalability of investment analysis, strengthen governance and transparency in endowment investment management, and provide institutional-grade insights to support decision-making on robust Shariah and financial foundations.

During the signing ceremony, Mohammed Abdullah Al Harmi, Director of the Investment Department at the General Directorate of Endowments, described the project as a crucial step in advancing endowment work. “This initiative ushers in a new era of endowment operations that combines Sharia authenticity with technological innovation,” he said.

“This partnership reflects our commitment to putting technology in service of Islamic finance principles,” said Khalid Al Jassim, Executive Chairman of Wahed MENA. “By working with Awqaf, we are taking a meaningful step toward making Shariah-compliant investment intelligence more precise, accessible and scalable.”

The initiative represents a significant step forward in the adoption of artificial intelligence within Islamic asset management. Upon completion, the platform will serve as a model for endowment institutions, asset managers, sovereign entities and financial organisations seeking to integrate AI into Shariah-compliant investment processes.

About Wahed

Headquartered in New York, Wahed Inc. (Wahed) is a global Islamic fintech and asset management company committed to democratising access to financial services. Licensed in nine countries, Wahed combines cutting-edge financial technology with Shariah principles to deliver innovative products that align with faith and values. With over 450,000 clients globally and more than $2 billion in assets under management and administration across its entities, Wahed serves investors across multiple continents and is pioneering a new era of ethical and faith-based investing.

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EQT agrees to sale of shares in Beijer Ref to Melker Schörling AB

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STOCKHOLM, June 11, 2026 /PRNewswire/ — Breeze TopCo S.à r.l, an affiliate of the EQT IX fund (“EQT”) has signed an agreement to sell its entire holding of non-listed A-shares in Beijer Ref to Melker Schörling AB (“Melker Schörling”) at an undisclosed premium. 

As part of the transaction, Peter Jessen Jürgensen, via Labotek International A/S and KLS Jessen AB, agrees to sell his entire holding of A-shares to EQT, in exchange for 4,146,592 B-shares from EQT. The A-shares received by EQT from Peter Jessen Jürgensen will, upon completion of that transfer, be included in EQT’s sale of its entire holding of A-shares to Melker Schörling.

The closing of the transactions are subject to customary regulatory approvals. Following completion of the transactions, EQT will hold 30,742,835 B-shares in Beijer Ref.

Contact
EQT Press Office, press@eqtpartners.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-agrees-to-sale-of-shares-in-beijer-ref-to-melker-schorling-ab,c4361597

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Huasun Ranked 12th on TIME’s World’s Top GreenTech Companies of 2026, Leaping 22 Places on the Strength of HJT Conviction

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XUANCHENG, China, June 11, 2026 /PRNewswire/ — Huasun Energy, a global leader in heterojunction (HJT) solar technology, has been ranked 12th on TIME’s World’s Top GreenTech Companies of 2026 — a recognition presented jointly by TIME and Statista. Having debuted on the list at 34th in 2025, Huasun has climbed 22 positions in a single year, ranking highest among Chinese companies on the list.

The ranking evaluates more than 8,300 companies worldwide, selecting 250 of the most impactful green technology companies based on quantitative assessment on environmental impact, financial strength, and innovation.

A Conviction Rewarded

“This recognition is the best validation of Huasun’s commitment to HJT technology since establishment,” said Dr. Xiaohua (Jimmy) Xu, Chairman of Huasun Energy. “We chose this path not because it was easy, but because we believed it represented the future of solar. Over the years, we have built deep R&D capabilities and a growing patent portfolio, and translated each technology breakthrough into products that are now trusted by customers around the world.”

Today, Huasun’s HJT modules lead the industry on mass-production cell efficiency, module reliability, and lifetime energy yield — advantages built on years of process engineering and IP accumulation. Beyond current-generation products, Huasun has pioneered a 100 MW pilot line for HJT-perovskite tandem cells, establishing an early industrial pathway toward next-generation photovoltaic efficiency. The company is also advancing space-grade HJT solar technology and exploring the integration of solar power with AI computing infrastructure — positioning HJT as a foundational energy technology for both terrestrial and emerging high-demand applications.

Global Reach Built on Technology Trust

In less than six years, Huasun has shipped over 16 GW of HJT modules to projects across more than 80 countries and regions. HJT’s combination of high bifaciality, low temperature coefficient, and low carbon footprint has earned the trust of project developers, EPC contractors, and power investors worldwide.

About Huasun Energy

Founded in July 2020, Huasun Energy is a global leader in HJT solar cell and module manufacturing, with over 16 GW shipped to 80+ countries and regions. Committed since inception to a single technology path, Huasun’s mission is to make clean energy universally accessible through continuous innovation in HJT, tandem cell, and next-generation solar technologies. For more information, visit www.huasunsolar.com

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Cobra Electronics Expands Its Professional Product Range with New DMR Tier II-Compliant Performa Digital Radios in Europe

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Digital Radio Solutions for Small and Medium-Sized European Businesses

CHICAGO, June 11, 2026 /PRNewswire/ — For small and medium-sized businesses, reliable, high-quality communication is essential. These businesses require the audio quality and features digital radio systems provide but often find current options oversized, overpriced and unnecessarily complex.

With 65 years of experience in the two-way radio sector, Cobra Electronics has addressed these needs with the launch of its first DMR Tier II product line. Designed specifically for demanding business environments, these radios deliver dependable digital performance without the cost, bulk or complexity common in competing solutions.

The Performa Digital Series reflects Cobra’s focused approach to solving real-world business communication challenges. The line-up is cost-effective, easy to deploy and simple to use.

The Performa line-up includes two models for different work environments: the Performa 600 Digital prioritises wearability and simplicity for highly mobile teams, while the Performa 850 Digital delivers enhanced range, power and customisation for larger or more demanding sites. Both suit industries where coordination and mobility are critical, including hospitality, education, warehousing, event management and facility operations. On multi-shift, fast-moving sites, this DMR Tier II Compliant line-up will help teams communicate clearly, respond quickly and stay aligned throughout the workday.

“Clear, reliable communication is critical to keeping teams running efficiently, but many SMBs have been priced out of digital solutions,” said Jonas Forsberg, CEO of Cedar Electronics. “With the expansion of the Performa line-up to include digital, we’re making high-performance digital communication more accessible and scalable, giving businesses the reliability, durability and flexibility they need to stay connected effectively and operate with confidence.” 

Purpose-Built Solutions for Different Operational Needs

Performa 600 Digital – The Performa 600 is a compact, lightweight, digital radio built for teams that value comfort and agility. With a full 2-watt power output, a fixed antenna and a clear LED channel display, it delivers consistent, dependable communication in a wearable form factor.

Performa 850 Digital – The Performa 850 is a higher-powered digital radio designed for larger facilities, outdoor job sites and multi-storey operations. With 4-watt output, it offers extended coverage, a removable antenna and a dot matrix display for greater flexibility and customisation, making the 850 a more advanced option for organisations that require more scalability and customisation as their operations evolve.

Designed for flexible deployment, the Cobra Performa Digital Series is compatible with most DMR Tier II products currently on the market, allowing organisations to transition to digital at their own pace without replacing entire systems at once. Both models are built for durability, featuring IP67 waterproofing and MIL-STD-810H certification to ensure reliable performance in demanding conditions.

Cobra’s new Performa Digital radios are distributed exclusively through Airsys in Europe. The Cobra Performa Digital Series radios will start shipping this autumn. To learn more, visit https://eu.cobra.com/

About Cobra Electronics 

Cobra Electronics is a major brand of Cedar Electronics, a global supplier of connected business, automotive and consumer electronics solutions. Cobra’s focus remains on keeping people connected on the move with their product line-up, including handheld professional and consumer two-way radios, CB and marine radios, radar detectors, smart dash cams, power solutions and a range of accessories. Leveraging its 65-year history of producing high-quality, reliable communications solutions, Cobra extends the Cedar Electronics mission to empower people to communicate effectively and enhance productivity. To learn more, please visit eu.cobra.com.  

Media Contact

Sara Osborne 
360PR+ for Cobra Electronics  
sosborne@360pr.plus

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