Qatar Islamic Bank (QIB) has been recognised as one of the best Investor Relations websites among all listed companies at the QIB honoured at the QSE’s ‘4th Annual IR Excellence Programme Awards’ organised by the Qatar Stock Exchange (QSE), in collaboration with Iridium Investor Relations.
The QSE announced the winners of the ‘2018 IR Excellence Programme’ at a high-profile event held on Wednesday attended by the QSE CEO Rashid bin Ali al-Mansoori, top management and senior officials from the QSE, Qatar Financial Market Authority (QFMA), listed companies in Qatar, and members of the country’s business community.
QIB Group CEO Bassel Gamal said, “I would like to thank the Qatar Stock Exchange for the Investor Relations Excellence Award Programme and its continuous efforts and guidance in developing best practices in the field of IR for all listed companies in Qatar. Effective investor relations builds confidence in an organisation increasing its long-term investors and reducing its overall cost of capital.
“Thus, it is very important to develop and constantly maintain relationships of trust with current and potential investors and analysts. Key for building trust is to provide fair disclosure of information and ensure effective two-way communication channels are in place. At QIB, we believe in transparency, being one of our core values, and we will continue investing in improving our investor communication programme.”
QIB received the reward in recognition of improving its overall investor relations function and in particular for the upgrade of its investor relations website, as well as the introduction of its IR (QIB IR) mobile app.
These initiatives ensure that investors get instant and equal access to information about the bank’s shares evolution, financials, credit ratings, corporate governance, and other essential information.
The Annual Investor Relations (IR) Excellence Award event was launched by the QSE to motivate and support companies in Qatar to further improve investor relations and adopt best international practices.
It recognises the best companies and individuals in Qatar that excel at communicating a clear picture of their listed company’s strategic, financial, and operational developments, and adhere to the highest standards of transparency and disclosure.
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