QIIB gives students insight into Islamic banking
January 22 2018 12:46 AM
Qatar Academy students with Dr Abdulbasit Ahmad al-Shaibei at QIIB’s main branch on Grand Hamad Street.

Qatar Academy students were given insights into Islamic banking and banking in general during their recent two-day sessions at the QIIB’s main branch on Grand Hamad Street.
The salient features of banking in general and Islamic banking in particular were highlighted at the sessions, which were attended among others by QIIB chief executive officer Dr Abdulbasit Ahmad al-Shaibei.
Al-Shaibei spoke with students about banking, the importance of education and the efforts to build the future and become successful persons who can serve their country and society.
He said QIIB was “keen to support education on a permanent basis because education is the foundation to be built.”
The Qatar Academy students were briefed about the services and products being offered by the bank, such as the types of account, procedures for opening an account, and the cheque book facility.
The students were given an overview of Islamic banking and how it differed from conventional banking and the role of Shariah regulatory framework in Islamic banks in ensuring strict compliance of all services and products to Shariah.
An overview of QIIB since its establishment in 1991 and relevant phases of the bank’s development since inception were also provided to the visiting students.
The meeting was also attended by Ali Hamad al-Misifari, QIIB head, human resources and public services, Mohamed al-Mawlawi, head, business development and marketing and Zakaria Jlawi, head, retail.

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