Qatar Islamic Bank (QIB) has been recognised by the London-based International Finance Magazine (IFM) with the ‘Best Islamic Bank in Qatar 2015’, ‘Most Innovative SME Product – Aamaly in Qatar 2015’ and the ‘Best Mobile Banking App’ awards.
The bank said the three separate awards serve as a testament to the resounding success of its business strategy, built on offering Shariah-compliant banking and financing solutions, along with a customer-centric, technologically-progressive approach.
The ‘Best Islamic Bank’ award, received for the second year in a row, reflects the significant progress that QIB consistently made throughout the past couple of years across the different business sectors, supported with the introduction of new products and services, a refined coverage model, and a genuine attention to the customers. QIB has been able to grow its relationships with all customer segments across the entire spectrum of their financial needs.
The second award, the ‘Most Inno http://172.17.99.108/newspress/app/article_publishing/display_art_sec.php?server=np&fetch_type=image&a_id=422405&a_sec=image&a_lan=0&img_id=658612&image_resize_type=phpthumb&dynamic_creation=1 vative SME Product in Qatar 2015’, relates to the bank’s innovative Aamaly programme, which is specifically designed for the small and medium-sized enterprise (SME) sector.
Consisting of financing solutions, trade services, fleet financing, and staff-based solutions, the products are consistent with the bank’s commitment to contribute to the Qatar National Development Strategy 2030.
The most recent addition to the bank’s Aamaly programme is the well-received Heavy Fleet and Heavy Equipment Financing package, tailored to companies working in construction, trading and services, and designed to allow companies to finance their fleet by assisting with finance for any kind of vehicle.
The third award honours QIB’s multi-platform mobile banking App. The innovative App offers a comprehensive self-service functionality to the bank’s customers, allowing users to perform transfers, account and card enquiries, make utility and card payments, and update personal information on a 24/7 basis. Available in English and Arabic and featuring an intuitive interface, it is one of Qatar’s most downloaded financial Apps with more than 60,000 registered users.
Bassel Gamal, QIB Group CEO, said: “To be recognised with three awards from the IFM publication reflects the bank’s continuous efforts to strengthen its status as a leading bank in Qatar.
“Our commitment to our customers and the local market is reflected in our market-leading approach to developing high-quality products such as our Aamaly suite, aimed to meet the needs of SME customers, our emphasis on technological solutions that both meet and anticipate the requirements of our customers. These awards will serve as further encouragement to continue to provide best-in-class services and products to all our customers.”
He added: “We thank our loyal customers for choosing QIB as their preferred bank and for demonstrating their trust in our institution, as well as our committed staff, who consistently make the extra effort to enhance our reputation and status as a market leader.”
Run by International Finance Magazine, a publication with an audience of the world’s top financial decision-makers, the IFM Awards are designed to celebrate excellence in the international finance industry making significant difference and adding value through market-leading innovation and exemplary performance. These include initiatives relating to corporate social responsibility, corporate governance, and other initiatives having a positive impact on the global finance community.
QIB said the three separate awards serve as a testament to the resounding success of its business strategy, built on offering Shariah-compliant banking and financing solutions, along with a customer-centric, technologically-progressive approach.
