Qatar’s Dukhan Bank honored by World Economic Magazine for its digital banking services

By Amirtha P S, Desk Reporter
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Qatar’s leading retail financial institution, Dukhan Bank has been recognized by the World Economic Magazine with two awards for its digital forward banking services provided over the past years.

Dukhan Bank has received awards under two categories, ‘Best Corporate Digital Services in Qatar 2021’ and ‘Best New Contactless Payment Platform for (D-Pay)’.

With these accolades, the World Economic Magazine aims to acknowledge the spirit of industry disruptors across the global financial marketplace by recognizing businesses and thought leaders in the innovation economy.

Dukhan Bank’s strong digital transformation remains underway with plans to develop its technological infrastructure, portfolio of services, and innovative banking products.

The D-Pay platform of Dukhan Bank which was launched earlier this year meets customers’ increasing demand for digital banking products and services. The platform allows its customers to conduct all their transactions online by integrating its payment services with wearable devices as well as facilitating payments through Fitbit and Garmin Pay and other services.

The awards are the latest in the list of accolades secured by the bank last year by numerous international entities in five separate categories, namely the annual International Business Magazine Awards, the annual Global Business Outlook (GBO) Awards, and the International Finance Awards 2020.

Dukhan bank’s Shariah-compliant savings account service, Thara’a, was named the ‘Most Innovative Banking Product’ at the annual GBO awards 2020. The Qatar-based bank’s Mobile Application was awarded ‘Most-User Friendly Banking Application’, while also given recognition for its overall services as ‘The Best Retail Bank’ and ‘The Most Innovative Bank’ in Qatar by the International Business Magazine Awards 2020.

Khalid al-Subeai, CEO of Dukhan Bank has also previously been awarded as ‘Banking CEO of the Year Qatar 2020’, as well as ‘Most Progressive Bank Award’ at the New Age Banking Summit.

Commenting on the two awards, Dukhan Bank stated: “We are pleased of the recognition given to Dukhan Bank for its robust digital transformation on the recently launched (D-Pay) platform and other digital capabilities. This comes as a reaffirmation of Dukhan Bank’s unhinged commitment to a tech-forward future.”

Dukhan Bank’s wide-ranging banking solutions to satisfy clients in Qatar are built on forward-thinking strategies, positioning it as one of the leaders in the banking industry.

Dukhan Bank has reputed itself as the country’s most progressive Shariah-compliant service provider, offering a diverse spectrum of award-winning banking products and services on all levels, local, regional, and global.

Related: ADIB named no.1 in UAE on Forbes list of World’s Best Bank 2021