QIIB, one of the leading Islamic lenders in Qatar, has recorded an impressive QR465.3m net profit for the first half of 2017 (H1, 17), up 5 percent compared to the same period in 2016. QIIB’s assets grew by 8.5 percent to QR45.9bn during the period.

Announcing the financial results, Sheikh Dr Khalid bin Thani bin Abdullah Al Thani, Chairman and Managing Director of QIIB, said the solid 5 percent year-on-year growth in the bank’s net"...

Qatar Islamic Bank (QIB) was hit by a 6.9 billion riyals ($1.9 billion) deposit outflow in the second quarter, which analysts said could be linked to Qatar’s rift with Saudi Arabia, the UAE, Bahrain and Egypt.
Some foreign banks have scaled back new business with Qatar since the four Arab nations cut diplomatic ties with the country and imposed economic sanctions on it on June 5, while Qatar Investment Authority has placed deposits with some local banks to help ease liquidity.
The bank also reported an 8.3"...

IMA® (Institute of Management Accountants) today introduced a revision to its Statement of Ethical Professional Practice (SEPP), designed to help guide the ethical aspects of the business, as well as personal decisions of IMA members and other management accounting professionals. The SEPP, effective July 1, 2017, replaces the previous version published in 2005 and reflects changes"...

Qatar Islamic Bank (QIB) has introduced a new VISA Signature credit card dedicated to its female customers.
The launch of the QIB Ladies Credit Card comes after the bank introduced its Ladies Banking proposition designed to cater to the financial needs of women in appreciation of their role in Qatari society.
The new QIB Ladies Credit Card will provide QIB customers with the “convenience of managing their cash flow by providing an option to pay as low as 5% per month on their card’s outstanding balance”,"...

The latest ransomware attack known as “Petya” paralyzed many organizations in Europe and the US. This is the second worldwide ransomware attack in the past two months, and we believe these attacks will only increase in frequency and become more sophisticated. The continuous string of attacks means that we need to face the reality that we are in a state of continuous compromise when it comes to cyberattacks.

Traditional Endpoint Security"...