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Qatar Islamic Bank (QIB) has been named ‘Islamic Bank of the Year in Qatar’, ‘Best Islamic Retail Bank in Qatar’, ‘Best Islamic SME Bank in Qatar’, and ‘Islamic Wealth Management of the Year in Qatar’, at The Asset Triple A Islamic Finance Awards 2025, underscoring its continued leadership across all banking segments.QIB was recognised as ‘Islamic Bank of the Year in Qatar’ for its strong financial performance, market leadership, and innovation. In the first nine months of 2025, the bank delivered a net profit of QR3.45bn in the nine months of 2025, representing a growth of 5.38% over the same period in 2024 and maintaining nearly half of the Islamic banking market share, underscoring its disciplined strategy and focus on sustainable growth.The bank was also awarded the ‘Best Islamic Retail Bank in Qatar’, reflecting its exceptional performance and commitment to customer service. Over the past year, QIB has made remarkable progress in enhancing its digital offerings, revolutionising both customer interactions and internal operations.The bank’s relentless focus on digitalisation has resulted in significant benefits for its diverse stakeholders. Over 83% of customers now bank digitally, and more than half of retail sales are completed via the award-winning QIB Mobile App. With over 320 integrated features, the app enables seamless onboarding, financing, card issuance, and lifestyle services, including the Marketplace and Auto Marketplace, Qatar’s first digital platforms offering customers services beyond traditional banking. Innovations such as the Click-to-Pay service and the Carbon Emission Tracker reflect QIB’s commitment to digital inclusion and climate-conscious banking.The accolade of ‘Best Islamic SME Bank in Qatar’ highlights QIB’s customer-centric approach and commitment to enabling Qatar’s small and medium-sized enterprises. Through a suite of tailored, Shariah-compliant digital solutions, including digital onboarding, Corporate Internet Banking, the QIB Corporate app, and co-branded credit cards with Ooredoo, QIB has simplified business banking. The bank also offers a comprehensive range of payment services such as POS terminals, Payment Gateway, and QIB SoftPOS, empowering SMEs to manage finances, improve liquidity, and scale sustainably.The ‘Islamic Wealth Management of the Year in Qatar’ highlights QIB’s ability to offer highly personalised, relationship-led services rooted in Islamic principles. Each customer benefits from a dedicated relationship manager who crafts tailored financial strategies aligned with personal goals and risk tolerance. The bank offers a full suite of services, including bespoke investment solutions, financing, estate planning, and exclusive access to premium investment opportunities.Bassel Gamal, QIB Group CEO, said: “We are pleased to receive these awards, which reflect our commitment to growth, innovation, and customer empowerment. Supported by our strong financial performance in the first nine months of 2025, these recognitions are a testament to the dedication of our team to deliver world-class Shariah-compliant solutions, the support of our board of directors, as well as the trust and loyalty of our customers.”Marking its 25th anniversary, the Asset Triple A Islamic Finance Awards is highly regarded within the financial sector as one of the most prestigious recognition programs, celebrating institutions that exemplify outstanding performance in Islamic banking.

Qatar Islamic Bank (QIB) has made enhancement to its flexible certificate of deposits (Flexi CD), aligning the offering with sustainable finance principles to support green and socially responsible projects.The enhanced Flexi CD continues to offer attractive returns and flexibility while contributing to a positive environmental and social impact.Funds invested in Flexi CD will now be directed towards financing sustainable initiatives – including clean energy, pollution control, green buildings, education and healthcare; thus, offering customers a way to grow their savings, while supporting a sustainable future.Flexi CD is a flexible investment ‘Mudaraba’ product, allowing retail customers to collect profits at the end of each quarter and make early and partial redemptions during the tenor of the deposit.In the event of early redemption, the remaining balance will continue to earn the same expected profit rate. These certificate of deposits can be booked instantly and securely through the QIB mobile app.Flexi CD holders can apply for financing up to 100% of the deposit value, with a financing tenor equivalent to the CD maturity. The minimum subscription is QR100,000 or $25,000.Flexi CD is designed to promote long-term savings and offer attractive annual returns based on currency and tenor. They are available in both Qatari riyal and US dollar, with 1, 2, or 3-year tenors."The enhanced Flexi CD allows customers to grow their savings while contributing to sustainable development, aligning with our long-term commitment to responsible banking. This move is a natural progression of our product strategy meeting the evolving expectations of our stakeholders. It reflects QIB’s role as a forward-thinking financial institution committed to driving positive change," said D. Anand, QIB’s General Manager – Personal Banking Group.

QIB Group CEO Bassel Gamal has been recognised in Forbes Middle East’s ‘Sustainability Leaders 2025’, a list celebrating executives who are advancing sustainability across the region’s largest companies.The achievement underscores the bank’s dedication to environmental management, robust ESG commitments, and innovative sustainability initiatives, affirming its influential role in promoting positive environmental impact and sustainable practices.QIB’s recognition aligns with the bank’s ongoing commitment to its ESG strategy, which includes the introduction of innovative, Shariah-compliant solutions and tools that empower customers and businesses to make more sustainable choices.This year’s Forbes Middle East list features 126 leaders across 15 industries, underscoring how sustainability is shifting from pledges to measurable action across the region. In the banks category, Gamal was recognised among the Middle East’s top 10 leading executives within the banking industry, affirming QIB’s leadership in sustainable finance and responsible banking.Gamal said, “We are pleased to be recognised by Forbes Middle East as a sustainability leader, reaffirming our strong commitment to environmental and social responsibility. This distinction validates our dedication to sustainability through tangible initiatives and recent milestones.“Our core strategy integrates sustainability into our business operations, rooted in our Islamic values and heritage. Over the past year, we have accelerated the integration of ESG principles across our organisation, aligning closely with Qatar National Vision 2030, Qatar Central Bank’s ESG & Sustainability Strategy for the Financial Sector, the National Environment and Climate Change Strategy, and global best practices. This commitment strengthens our brand and enhances our financial resilience and long-term value for all stakeholders.”Recent QIB milestones include being the first bank in Qatar to adopt the Equator Principles, which has led the bank to embed a robust ESG Risk Assessment process in its credit review for all new finance requests. The bank has launched a sustainable deposit for institutional and corporate customers, which is in turn tagged to its sustainable asset portfolio. This product is aligned with QIB’s Sustainable Products Framework – guiding green and social financing.QIB has further introduced a carbon emissions tracker in the QIB Mobile App — Qatar’s first of its kind to help retail customers monitor the carbon footprint of their card transactions and encourage environmentally responsible purchasing behaviour through tailored sustainability tips. Additionally, QIB has collaborated with DHL to help lower its logistics emissions under the GoGreen Plus flagship, introduced a range of eco-friendly cards made from recycled plastic, and accelerated its shift to paperless banking through e-statements, digital onboarding, and smart printing.QIB’s current sustainability-related initiatives are aimed at embedding the assessment of climate risks within its risk management processes, leading to the evaluation of the potential impact of climate-related physical and transition risks on its wholesale banking portfolio, as per the guidelines laid down in Qatar Central Bank’s ESG Supervisory Principles for Banks.Forbes Middle East has unveiled its 2025 Sustainability Leaders list, spotlighting organisations across the Middle East that are driving measurable progress toward sustainable business goals. The evaluation considered demonstrable environmental impact, adherence to ESG principles, transparency, collaboration, initiatives delivered over the past year, and credible net-zero roadmaps. Within banking and financial services, the methodology placed particular emphasis on advancing sustainable finance.