Our Shareholders
- Ruling Family Interests
- Qatar Islamic Bank S.A.Q
- Founding Development Team
Qatar Islamic Bank (QIB)
Heading the consortium behind QIB (UK) is the forward-thinking Qatar Islamic Bank. Established in 1982, QIB has a proven track record of developing and implementing Shari'a- compliant financial concepts. A leading force in Islamic banking across the world, QIB is innovative in its field, making it the perfect partner for an ambitious international bank such as QIB (UK). The support and expertise of an organisation that continues to push Islamic finance forward, means that QIB (UK) is well placed to become the leading Islamic bank in the UK and in Europe.
QIB Size- With US$14.2 billion (as at 31 December 2010) in assets, QIB represents 11% of the local banking sector and has a 35% share of the local Islamic banking market
- Capital as at 31 December 2010 US$595.1 million
- Largest Islamic Bank in Qatar with 30 branches
- QIB has established a strong international presence by participating in the establishment of a range of finance houses in the Middle East, Europe and Asia
- Fitch Long Term Issuer Default Rating A, Outlook Stable
- Capital Intelligence Financial Strength Rating A, Outlook Stable
- To build a global reputation as the leading Shari’a-compliant bank through planned expansion of the business, and by offering above average returns to shareholders.
- To be the leading bank in the regional markets by increasing market share and become the leading supplier of innovative Islamic banking solutions in Qatar and the GCC countries.
- To make systematic improvements in all areas of operational performance through the development and implementation of quality systems and processes which offers value to the customer.
- To become an ‘employer of choice’ by developing the capabilities and professionalism of our employees in accordance with our strategic plan, developing the capability to change and increasing the number of Qatari nationals in our workforce.
