Qatar Islamic Bank - Company Profile
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Qatar Islamic Bank (QIB) is a financial institution that operates as a private bank focusing on Islamic banking services. The bank provides a range of Sharia-compliant banking solutions, including personal and corporate banking, investment products, and digital banking services. QIB serves a diverse customer base, including individuals, government institutions, large corporations, and small and medium-sized enterprises, offering tailored financial solutions. The bank operates through a network of branches and digital platforms, facilitating customer access to its services. QIB has an international presence with operations in the UK, Lebanon, and Sudan, targeting markets with a high interest in Islamic banking. The bank's digital transformation strategy enhances customer experience through mobile apps, internet banking, and other digital channels. QIB is headquartered in Doha, Qatar.
Qatar Islamic Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Financial Planning | QIB |
| Savings | Treasury | |
| Current Accounts | Wealth Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the bank partnered with Alfardan Automotive to launch a Shari’a-compliant vehicle financing program. |
| 2025 | Corporate Changes/Expansions | In December, the company opened its new head office at QIB Towers in West Bay. |
| 2025 | Contracts/Agreements | In November, the bank’s UK company partnered with Savills to present insights on Prime Residential London Market |
Competitor Comparison
| Key Parameters | Qatar Islamic Bank | The Commercial Bank PSQC | AlRayan Bank QPSC | Doha Bank QSC | Qatar International Islamic Bank QPSC |
|---|---|---|---|---|---|
| Headquarters | Qatar | Qatar | Qatar | Qatar | Qatar |
| City | Doha | Doha | Doha | Doha | Doha |
| No. of Employees | 819 | 2,300 | - | 677 | 269 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gourang Hemani | Chief Financial Officer | Senior Management | - | - |
| Rakesh Sanghvi | Chief Risk Officer | Senior Management | - | - |
| Dorai Anand | General Manager - Personal Banking Group | Senior Management | - | - |
| Khalefa Al Mesalam | Head - Human Capital Group | Senior Management | 2015 | - |
| Constantinos Constantinides | Chief Strategy & Digital Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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