QIIB titled ‘Strongest Islamic Retail Bank in Qatar’ at IRBA 2021

By Shilpa Annie Joseph, Official Reporter
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Qatar International Islamic Bank (QIIB) has been named as the ‘Strongest Islamic Retail Bank in Qatar’ in the ‘Islamic Retail Banking Awards’ (IRBA) 2021.

According to the statement, the award recognizes QIIB’s leadership role in Islamic retail banking as well as the bank’s quantum leap in this field. The IRBA Awards Committee recognized QIIB based on demonstrated high levels of profitable growth last year.

Further, the IRBA Awards Committee recognized QIIB’s exceptional performance in 2021 and its commitment to achieving customer satisfaction by offering the highest standards of quality service, despite the ongoing economic uncertainties and challenges, which has only strengthened the bank’s resolve to continue to push ahead.

Dr. Abdulbasit Ahmed al-Shaibei
Dr. Abdulbasit Ahmed al-Shaibei
CEO-QIIB

“We are extremely pleased to see QIIB being recognized as ‘Strongest Islamic Retail Bank in Qatar’ by IRBA. QIIB has made remarkable achievements over the past period in both our corporate and retail banking businesses. Furthermore, our customer base has expanded significantly, thanks to our rapid and efficient response to the emerging conditions amid the spread of the coronavirus pandemic by accelerating the shift to digital banking. The Bank will continue to pursue its strategy and create value by attracting new customers, improving the quality and efficiency of its services, and focusing on product diversification and innovation. These will be achieved by focusing on strategic initiatives that deliver operational excellence and yield the greatest value for our bank in particular, and the Islamic banking sector in general.”

The committee commended the QIIB’s continuous efforts to integrate digital innovation into a number of banking services and products, allowing clients to access a variety of simple solutions without visiting a branch.

Further, the committee estimates that QIIB will continue to achieve strong performance and make steady progress in the Islamic banking sector, given the solid infrastructure and skilled as well as experienced workforce already in place.

Related: Qatar’s QNB won 2 awards for its best foreign exchange services

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