Qatar Islamic Bank - Company Profile
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Qatar Islamic Bank (QIB) is a provider of corporate, retail, and investment banking solutions. The bank offers banking products and services based on Islamic Sharia principles. QIB conducts its business through Islamic modes of financing such as Sukuk, Murabaha, Mudaraba, Musharaka, Musawama, Istisna’a, and Ijarah. The bank provides a range of banking products and services, which comprise deposit services, personal and commercial loans, credit and debit cards, corporate services, private banking, phone banking, financial planning, wealth management and internet banking services. The bank has a presence in Qatar, the UK, and the Cayman Islands, Lebanon. QIB is headquartered in Doha, Qatar.
Qatar Islamic Bank premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts and Deposits: | Financial Planning |
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 |
---|---|---|
2024 | Contracts/Agreements | In March, the bank in partnership with ProgressSoft Qatar introduced Fawran, an instant payment service. |
2024 | Others | In February, the company and Kuwait Finance House completed their due diligence on the United Bank. |
2024 | New Products/Services | In January, the company launched a Mobile App to view Debit Card information like the 16-digit card number, expiry date, and CVV. |
Competitor Comparison
Key Parameters | Qatar Islamic Bank | The Commercial Bank PSQC | Masraf Al Rayan (Q.S.C.) | Doha Bank QSC | Qatar International Islamic Bank QPSC |
---|---|---|---|---|---|
Headquarters | Qatar | Qatar | Qatar | Qatar | Qatar |
City | Doha | Doha | Doha | Doha | Doha |
No. of Employees | 998 | 1,115 | - | 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 | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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