Qatar’s QIB wins ‘Best Islamic Bank of the Year in the Middle East’ award

By Arya M Nair, Official Reporter
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QIB titled as best performing bank in Qatar by The Banker
Rep. Image | Cropped by GBN

Qatar Islamic Bank (QIB) has received the award of the “Best Islamic Bank of the Year in the Middle East” by The Banker (Financial Times Group) for the second consecutive year.

The accolade was awarded to QIB in recognition of its expanding business, cutting-edge technological innovations, commitment to financial inclusion and education, and significant improvements in its sustainability strategy.

This is a testament to QIB’s continuous commitment to innovation and Shariah-compliant products, as well as to its impressive track record of launching cutting-edge products including the country’s first digital credit card and a number of novel digital savings options. Recently, QIB’s Mobile App has made account opening for minors easier.

During 2022, the QIB remained committed to enhancing its environmental, social, and governance (ESG) standards. The Bank initiated a number of new projects, which are outlined in its annual sustainability report.

Bassel Gamal_QIB wins Best Islamic Bank in Middle East award
Bassel Gamal 
Group CEO – QIB

“Naming QIB as the ‘Best Islamic Bank in the Middle East’ by The Banker for the second consecutive year is a testament to its strategic vision and customer-centric approach, in addition to QIB’s efforts in reshaping the banking scene in Qatar and beyond, stressing that QIB remains committed to keeping the principles of Shari’a in all our operations while driving sustainable growth and contributing to the development of the regional economy.”

“QIB remains committed to keeping the principles of Shari’a in all our operations while driving sustainable growth and contributing to the development of the regional economy. This award showcases our enduring commitment to consistently exceed customer expectations, even amidst demanding market conditions. QIB has earned this prestigious accolade within a highly competitive landscape, highlighting its ability to adapt to the evolving needs of customers and offer innovative financial solutions,” added Mr. Gamal.

Related: QIB wins prestigious titles from MEED Banking Excellence Awards 2023

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