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Friday, December 05, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "Qatar Islamic Bank" (4 articles)

Gulf Times
Qatar

QIB announces Mastercard international spend campaign draw grand winners

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. 


Rakesh Sanghvi, QIB Group Chief Risk Officer, receiving the award during the 2025 Business Continuity & Resilience 
Conference held in Doha.
Business

QIB wins ‘Most Effective National Recovery 2025’ award for exceptional organisational resilience

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. 


QIB’s ‘World Diabetes Day’ awareness initiative provided employees with practical tools for early detection and prevention.
Qatar

QIB observes ‘World Diabetes Day’ with employee awareness initiative

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 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.
Business

QIB bags 17 accolades at Global Finance’s 2025 Digital Bank, AI & Innovation Awards

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.