Qatar’s Dukhan Bank crowned ‘World’s Best Islamic Private Bank’

By Shilpa Annie Joseph, Official Reporter
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Dukhan Bank
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Qatar’s leading retail bank, Dukhan Bank has achieved worldwide recognition for the outstanding quality of its Private Banking service by winning the “World’s Best Islamic Private Bank” award at Global Finance World’s Best Islamic Financial Institutions Awards for 2022.

On this occasion, Dukhan Bank stated that, “We are extremely proud to win this award and to be named World’s Best Islamic Private Bank by the respected experts at Global Finance. We want to thank our Board of Directors, and everyone at Dukhan Bank who has worked extremely hard over many years to achieve this level of global recognition.”

“This award recognizes Dukhan Bank’s position at the pinnacle of Islamic banking as we meet and exceed the growing sophistication and increasing demands of private banking clients, particularly within the digital realm,” the bank added.

Dukhan Bank received the award after the Global Finance editorial team carried out extensive consultations with bankers, corporate finance executives, and analysts throughout the world.

The factors considered before selecting Dukhan Bank as the World’s Best Islamic Private Bank include growth in assets, profitability, geographic reach, strategic relationships, product innovation, reputation, customer satisfaction, and the opinions of analysts and others involved in the industry.

“The mix of these factors reveals the World’s Best Islamic bank – the one which customers most likely want to do business with,” according to the statement.

Earlier this year, Dukhan Bank launched its Multi Currency Mastercard Prepaid Card co-branded with Qatar Airways, which allows customers to make transactions in five different widely used currencies from one card.

Related: Commercial Bank titled ‘Best Bank in Qatar’ by Global Finance