Qatar Islamic Bank – QIB (Parent Bank)
Qatar Islamic Bank – QIB, established in 1982, is Qatar’s first Islamic financial institution and Sharia’a Compliant Bank. QIB is ranked second in Qatar and is also one of the largest Islamic Banks in the MENA region and pursues a vision to become the world leader in this sector. Its capital amounted USD 3.89 Billion at the end of 2016 with total assets touching USD 38.3 Billion. QIB controls 42% share of the Qatari Islamic sector, based on assets, and 12% share of the overall Qatari banking sector. It conducts its domestic business through more than 30 branches spread throughout Qatar, in addition to private centers for ladies, dedicated lounges for affluent customers, and more than 170 multi-function ATM installations. In addition to its core banking activities, QIB has a stake in a number of other Qatari Sharia’a compliant companies such as QInvest, Al Jazeera Finance, Damaan Islamic Insurance Company (Beema). Read more...