Qatar Islamic Bank (QIB) has announced the opening of a new branch at Doha Festival City.

The new branch will have extended working hours throughout the week, operating from 9am to 2.30pm and from 3.30pm to 9pm, Saturday to Thursday, and from 4pm to 9pm on Friday, QIB has said in a press statement.

During the holy month of Ramadan, the branch will be open from 10.30am to 2.30pm and from 9pm to 11.30pm, Saturday to Thursday. On Fridays, it will operate from 9pm to 11.30pm.

In the statement, QIB stressed that its branch network expansion “focuses on strategically placing the branches at key locations around Qatar in an effort to bring the bank closer to its customers and provide them with a seamless banking experience”.

Doha Festival City is the latest addition to a thriving retail industry and strategically located in the north of Doha.

“Qatar’s retail sector continues to grow and with it comes an increasing demand for tailor-made financial solutions. Our investment in expanding our footprint in the country comes as part of our commitment to serve this demand and offer our diverse customer base a full range of premium Shariah-compliant products and services,” said D Anand, general manager of QIB’s Personal Banking Group.

QIB’s Bank and Shop service will also be available at Doha Festival City, allowing customers to enjoy their time at the mall until an SMS informs them that it is their turn to be served. The new service has been unveiled across all QIB mall branches - including Q-Mall, City Center, Dar Al Salam, Gate Mall and Mall of Qatar, the statement notes.

The opening of the Doha Festival City branch takes QIB’s branch network to 30 retail branches, supported by 12 dedicated ladies’ centres, nine Tamayuz (Affluent) centres and two private banking lounges following QIB’s segmentation plan to provide customised service to its different clientele.

The Doha Festival City branch incorporates the new design’s philosophy that QIB has been implementing across its branches. This new design philosophy brings a modern interpretation of the traditional Islamic values of purity, simplicity and transparency.

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