tag

QIB has highlighted its long journey and achievements since its establishment as the first Islamic bank in Qatar as the bank inaugurated its new head office at QIB Towers in West Bay. The inauguration ceremony was honoured by the presence of the His Excellency the Minister of Finance Ali bin Ahmed al-Kuwari, His Excellency the Governor of the Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud al-Thani, and representatives of Qatar’s financial sector regulatory bodies. The event was hosted by QIB’s chairman, board of directors, Group CEO, and executive management, reflecting the strategic importance of this milestone for the bank and the wider financial sector.**media[396234]**At the inauguration, the leading Islamic bank in Qatar showcased its over four decades of leadership, financial strength, innovation, and commitment to the national economy. The headquarters features open desk workstations, a diverse range of meeting and collaboration rooms, soundproof private stations to support focused and remote work, and integrated staff facilities that enable flexibility, efficiency, and teamwork across the bank. 

Qatar Islamic Bank (QIB) has announced that its entire Private Banking team, along with members from the Product team, have successfully obtained the International Investments and Securities certification from the Chartered Institute for Securities & Investment (CISI).The achievement positions QIB among the first banks in Qatar to have a fully certified Private Banking team, further reinforcing its commitment to offering world-class expertise and qualified advisory in international investments and securities.The certification marks a significant milestone in QIB’s strategy to further elevate wealth advisory standards for high- and ultra-high-net-worth (HNWI/UHNWI) customers. It also underscores the Personal Banking Group’s commitment to strengthening its investment management and advisory capabilities, complementing QIB’s strong deposit franchise and paving the way for new avenues of sustainable growth.D Anand, general manager, Personal Banking Group at QIB, said: “This success belongs to the team. Our colleagues demonstrated exemplary teamwork, supporting one another throughout a rigorous process to ensure that everyone crossed the finish line together.“By building certified in-house wealth advisory and investment product management capabilities, the Personal Banking Group is now better positioned to serve our customers with greater depth, responsiveness, and insight.”The qualification assures HNWI and VHNWI customers that their portfolios are managed with discipline and in alignment with the highest global standards. QIB has proactively developed its Wealth Advisory and Investment Product Management capabilities to support the bank’s growth agenda across investment products, while maintaining a customer-first approach.Reaffirming its commitment to a prudent and Shariah-compliant wealth proposition, QIB continues to safeguard customers’ interests, strengthen governance, and drive sustainable growth. Building on its culture of collaboration and continuous learning, the bank will keep investing in certified human expertise and digital innovation to deliver superior client experiences and create long-term value for customers, shareholders and the wider community, in line with QIB’s business strategy, corporate governance and sustainability principles. 

Qatar Islamic Bank (QIB) has announced the grand winners of its 2025 international spend campaign, recognising QIB Mastercard credit and debit cardholders who qualified during the campaign period.The draws were conducted electronically in the presence of representatives from the Ministry of Commerce and Industry (MoCI) and QIB officials. Four grand winners each received 1mn Absher points, and a total of 60 monthly winners each received 100,000 Absher points throughout the campaign, totalling 10mn loyalty points given away to a total 64 winners.Absher reward points can be redeemed for booking air tickets, including Qatar Airways, hotel rooms across the world, online shopping, redeem with other loyalty partners, pay for utility bills, top up for QIB prepaid cards.D Anand, QIB’s general manager – Personal Banking Group, said: “We congratulate our grand winners and all monthly winners of this year’s campaign with Mastercard. As our customers transact internationally, we remain focused on delivering market-leading rewards and seamless digital experience, ensuring greater value with every payment.”QIB’s Absher rewards programme allows customers to earn points across various banking activities, notably by using their debit and credit cards. Customers can then redeem Absher points for flight tickets, hotel stays, online shopping, and e-vouchers at various partners including supermarkets, cinemas, gift shops as well as food and transport apps.Absher points can also be used to settle bills with Ooredoo, Vodafone and Kahramaa, while they can also be converted to airline loyalty programmes including Qatar Airways Avios.QIB’s longstanding partnership with Mastercard continues to bring customers enhanced value, security, and convenience. Together, both entities remain committed to delivering innovative payment solutions that elevate the international spending experience and reward customers with greater benefits every day.Customers can apply for QIB credit cards instantly through the QIB mobile app. 

Qatar Islamic Bank (QIB) has been awarded the ‘Most Effective National Recovery 2025’ award in recognition of its outstanding ability in demonstrating sector-leading resilience, recovery capability, and operational discipline. The award was received by Rakesh Sanghvi, Group Chief Risk Officer, during the 2025 Business Continuity & Resilience Conference held in Doha. The national recognition reflects QIB’s robust crisis readiness, enhanced recovery mechanisms, and continued investment in resilient operations across the bank. Over the past year, QIB strengthened its enterprise-wide Business Continuity Management System, revamped its continuity governance model, advanced digital and payments resilience, integrated cyber and operational disruption readiness, expanded vendor continuity frameworks, and executed comprehensive recovery testing programmes. A key highlight of the year was the development of a comprehensive Geopolitical Response Plan, created in response to the evolving geopolitical environment in the region. QIB assessed multiple escalation scenarios, evaluated potential impacts on customer-facing services, digital channels, payments, and branch operations, and established tailored response and continuity plans for each scenario to ensure uninterrupted service to its customers. QIB’s achievements also included major improvements to crisis leadership preparedness, such as enhanced incident escalation and crisis communication mechanisms, upgraded recovery strategies for critical functions, and strengthened collaboration with regulators and critical infrastructure partners. These initiatives collectively elevated the bank’s resilience maturity and ensured a future-ready capability to sustain operations under complex disruption conditions. Sanghvi said: “This recognition reflects QIB’s strong commitment to safeguarding financial continuity in Qatar. Our Business Continuity and Operational Resilience teams have worked tirelessly to build a comprehensive, technology-enabled, and proactive resilience framework that protects our customers and supports national stability.” QIB remains committed to strengthening its operational resilience capabilities and contributing to the security, stability, and continuity of Qatar’s financial ecosystem. 

Qatar Islamic Bank (QIB), in collaboration with American Hospital Clinics, organised a staff awareness initiative to mark ‘World Diabetes Day’ at QIB’s head office, reinforcing the bank’s ongoing commitment to employees’ well-being and community health.Throughout the day, medical professionals from American Hospital Clinics provided blood glucose and blood pressure screenings, Body Mass Index (BMI) assessments, and on-the-spot consultations with specialised doctors to help employees understand risk factors and adopt healthier lifestyle choices. Participants received practical guidance on nutrition, physical activity, and preventive measures to support long-term health.Mashaal Abdulaziz al-Derham, assistant general manager – head of Corporate Communications & Quality Assurance at QIB, said: “At QIB, we are committed to creating a supportive and healthy workplace while contributing to the well-being of our colleagues and the wider community.“Our ‘World Diabetes Day’ awareness initiative provided employees with practical tools for early detection and prevention, and we thank American Hospital Clinics for their valuable partnership in delivering expert screenings and guidance.”QIB regularly partners with leading healthcare institutions to deliver evidence-based health activations for employees, including screening days, awareness sessions, and expert talks that support early detection and prevention. These efforts form part of QIB’s Corporate Social Responsibility programme and align with the pillars of Qatar National Vision 2030, promoting a healthy lifestyle and sustainable human development across the community.

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), country's leading digital bank, has achieved a new milestone by winning 17 prestigious accolades at Global Finance’s 2025 Digital Bank, AI & Innovation Awards “reinforcing its leadership” in innovation and digitisation.The recognition spanned across corporate, consumer, AI, and innovation global, regional and local categories, highlighting QIB’s leadership and prominent position within the banking sector globally.At the ceremony held recently in London, QIB was honoured as the Best Personalised Financial Advice Consumer Banking in the World in the Global AI in Finance Awards category, recognising the bank’s position at the forefront of AI-driven banking innovation in the region and beyond.Additionally, QIB won four accolades; Best Consumer Bank in AI and Best Personalised Financial Advice, both in Qatar and in the Middle East, in acknowledgement of QIB’s advanced AI-driven capabilities that deliver secure, intelligent, and customer-focused financial services.With a clear focus on delivering smarter, more intuitive digital experience, QIB has been systematically embedding artificial intelligence across its operations to anticipate customer needs, elevate service quality, and drive sustainable growth. QIB’s AI strategy goes beyond personalisation.By integrating AI into areas such as fraud detection, process automation, and digital onboarding, the bank has significantly improved operational efficiency, enhanced security, and reduced its reliance on traditional, paper-based workflows.These advancements reflect QIB’s commitment to responsible AI innovation that aligns with the objectives of Qatar National Vision 2030.In the Consumer Banking category, QIB was celebrated as Most Innovative Digital Bank in Qatar and the Middle East, Best in lending and Best Online Product Offerings in Qatar, affirming the bank’s consistent efforts to boost customer engagement and satisfaction through exceptional service and pioneering digital solutions.In the Corporate Banking category, QIB was recognised with multiple prestigious accolades at both the regional and local levels, being named the Best Mobile Banking App, Most Innovative Digital Bank, and Best Online/User Experience (UX) Portal in Qatar and the Middle East.The bank was also honoured with the Best SME Banking Platform in Qatar, reaffirming its commitment to empowering businesses through innovative, user-centric digital solutions. These recognitions highlight QIB’s continuous efforts to enhance customer experiences and set new benchmarks in digital banking.Moreover, QIB was named among the Top Innovators in Qatar, which is telling about its continuous drive to push the boundaries of digital transformation in the financial sector.QIB’s Group CEO Bassel Gamal commented: “We are happy to be recognised by Global Finance. These accolades mirror our efforts and commitment to investing in technology and innovation to provide secure, convenient, and customer-centric digital solutions. They also underscore QIB’s leading role in shaping the future of digital banking in Qatar and beyond.“On this occasion, I would like to thank the Board of Directors for their continuous support, Qatar Central Bank for its ongoing encouragement of innovation and digital transformation, and each one of our team members for their exceptional performance and dedication.”Global Finance World’s Best Digital Awards are widely regarded as on the most prestigious in the global banking industry and are seen as an endorsement of excellence and best practices.They recognise institutions that demonstrate exceptional performance, innovation, and leadership across different consumer sub-categories including Best User Experience (UX) Design, Best Mobile Banking App and Best Innovation and Transformation.