Qatar Islamic Bank (QIB) has launched a new corporate “Deposit-Only Card” as part its continuous efforts to encourage customers to use digital channels when completing all their banking transactions.

QIB has announced the implementation of its Covid-19 National Response Guarantees Programme, which follows the Amiri Decree that supports the economic and financial sectors in Qatar.

International credit rating agency, Standard & Poor’s (S&P) has affirmed Qatar Islamic Bank’s (QIB) Issuer Credit Rating at ‘A-/A-2’ with a stable outlook.

QIB is one of the first banks in Qatar to go live with the ‘mPay’ digital wallet initiative on its mobile app.

QIB’s profitability grew at a compounded average growth rate (CAGR) of 14.4% in the last five years, compared to an average growth of 5.5% in Qatar’s overall banking system, said bank chairman Sheikh Jassim bin Hamad bin Jassim bin Jaber al-Thani.

Qatar Islamic Bank (QIB) posted a net profit of QR3.05bn last year, up nearly 11% on 2018. In 2018, QIB had registered a net profit of QR2.75bn.

Qatar Islamic Bank (QIB) has been named ‘Best Islamic Bank in Qatar’ for the third consecutive year in the 12th edition of the Middle East Banking Awards presented by EMEA Finance.

Manateq has signed a memorandum of understanding (MoU) with QIB to facilitate "preferential financing" for its logistics parks investors.

Qatar Islamic Bank (QIB) launched its new and upgraded Internet Banking platform, which was specifically designed to address the digital and financial needs of all banking customers.

The award recognises the bank’s digital transformation efforts by introducing personalised and innovative digital products and services that simplify banking and improve the customers' overall experience.

Qatar Islamic Bank (QIB) has announced its participation in the Initial Public Offering (IPO) of Baladna

Qatar Islamic Bank (QIB) has released additional innovative features to its Mobile App, making it easier for customers to access capital markets, among other functions.