Qatar Islamic Bank (QIB) has been recognised as the “Best Islamic Financial Institution in Qatar” and the “Best Islamic Financial Institution in Sudan,” by the New York-based Global Finance magazine.

“Over the past few years, we have been consistently outperforming the market, strengthening our relationship with our customers and providing our shareholder's positive results. This has placed us at the forefront of Islamic finance in the world” said QIB’s group chief executive Bassel Gamal.

Highlighting that a key factor that contributes to its growth is the resilience of Qatar’s banking sector and the overall national economy; he said the bank's strategy is closely tied with the Qatar National Vision 2030, the government’s commitment to investing in the country’s infrastructure, the diversification of the economy, and the development of a strong private sector.

QIB’s win (of three awards from Global Finance) reaffirms its progress during the past few years in establishing itself as a leading Islamic banking institution in the local, regional and international markets while contributing to the stability and strength of Qatar’s economy, despite regional and global challenging times, said a spokesman of the lender.

QIB demonstrated steady financial growth for the past years and has been setting a benchmark for the Islamic financial industry by introducing innovative Shariah-compliant financial solutions. The bank has a customer-centric approach to enhance the overall banking experience offered through its modern branch network and by leveraging financial technology and digital tools.

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