DOHA: Qatar Islamic Bank (QIB) has been recognised as the “Best Islamic Bank in Qatar” by Islamic Finance News (IFN) readers, the world’s leading Islamic finance publication. The award is a testament to QIB’s successful business strategy and strong financial performance.

QIB was recognized for its outstanding financial performance in 2019, delivering a year-end net profit of QR3.05bn, the strength of its customer service,"...

Qatar Islamic Bank (QIB), the country’s leading shariah-compliant banking services provider, achieved a net profit of QR3.05bn for the year 2019, up 10.9 percent compared to QR2.75bn reported in the previous year (2018).

The basic earnings per share (EPS) of QIB stood at QR1.21 compared to QR1.08 in December 2018, QIB’s Chairman Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, announced yesterday.

The"...

Doha: For the third consecutive year, Qatar Islamic Bank (QIB) has been named the “Best Islamic Bank in Qatar” in the 12th edition of the Middle East Banking Awards, presented by EMEA Finance, the leading finance magazine in Europe, Middle East, and Africa. The prestigious award marks QIB’s strong financial performance and the successful implementation of its business strategy.

Bassel Gamal, QIB’s Group CEO, said: “We"...

Qatar International Islamic Bank (QIIB) has implemented a payment fraud prevention solution by IBM, enabling its customers to bank more securely.
The IBM Safer Payments is a data science-based payment fraud prevention solution that allows banks to intercept fraudulent activities before they happen, while ensuring customers’ genuine transactions are processed smoothly.
“Protecting our customers’ trust in us is key to our success and we put security front and centre, so they can be sure their money"...

Qatar International Islamic Bank (QIIB) received the ISO 27001 certification, one of the world’s most prestigious accreditations in information security, which reflects its high standing in the protection of the Bank’s as well as customer data.
QIIB was awarded the ISO 27001 certification based on a set of criteria that were thoroughly examined, including the technological structure and procedures that the Bank’s Cybersecurity department has been adopting.
After receiving the Certification at"...

Qatar International Islamic Bank (QIIB) has received the ISO 27001 certification, one of the world’s most prestigious accreditations in information security.
The accreditation reflects QIIB’s high standing in data protection, QIIB said in a statement released on Saturday.
QIIB was awarded the ISO 27001 Certification based on a set of criteria, including the technological structure and procedures that the bank’s cybersecurity department has been adopting.
Additionally, the controls that"...