QIB receives 2 prestigious awards from The Asian Banker

QIB receives awards
Image credits: QIB | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has received two major accolades at The Asian Banker Leadership Achievement Awards 2025, recognizing its continued excellence and innovation in digital banking, and reaffirming its position as a pioneer in the region’s financial sector.

Bassel Gamal, QIB Group CEO, has received the CEO Leadership Achievement for Qatar Award, while QIB has been named Best Managed Bank in Qatar for the period from January 2022 to December 2024.

This recognition reflects the strength of Qatar Islamic Bank’s strategy, its consistent performance, and its commitment to building a modern, inclusive, and resilient financial institution.

Bassel Gamal_QIB and PayLater partnership
Bassel Gamal
Group CEO – QIB

“We are pleased and honored to be recognized by The Asian Banker. This recognition reflects the strength of our strategy and the commitment to delivering the best to our customers and shareholders. These awards are a testament to the hard work and dedication of all our employees, the continuous support of our Board of Directors, and our customers’ trust. Over the past three years, we’ve focused on digital innovation, operational excellence, and building a more inclusive, sustainable bank. We will continue to support Qatar’s economic development and advance our efforts in line with Qatar National Vision 2030.”

According to the statement, Qatar Islamic Bank’s financial strength continues to be recognized by international rating agencies. In 2024, Fitch Ratings affirmed QIB’s rating at ‘A’ with a stable outlook, Moody’s affirmed the Bank’s long-term deposit ratings at ‘A1’ with a stable outlook, and Capital Intelligence Ratings affirmed the Bank’s long-term rating at ‘AA-‘ with a stable outlook.

Over the last three years, QIB introduced several first-to-market innovations that have simplified banking for customers. Key milestones include real-time digital onboarding for new customers, and instant personal financing through the Mobile App, which is now offering over 300 features.

The Bank has introduced new innovations beyond banking including the QIB Marketplace providing a diverse range of products and including a section for local SMEs to display and sell products. QIB has also introduced the first Auto Marketplace in Qatar, also within its mobile app, enabling customers to browse, book a test drive, select and finance vehicles online.

The Asian Banker Leadership Achievement Awards are held every three years and recognize outstanding leadership by CEOs and boards in the financial industry. This award affirms QIB’s continued leadership in shaping the future of Islamic banking in Qatar and across the region.

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