QIB wins two awards at ‘The Asset Triple A Islamic Finance Awards 2020’

September 24, 2020

Doha: Qatar Islamic Bank (QIB), the largest private bank in Qatar, has announced the recognition of its Group CEO, Bassel Gamal, as “Middle East’s Islamic Banker of The Year”, and QIB as “Islamic Bank of The Year in Qatar” at The Asset Triple A Islamic Finance Awards 2020.

Gamal received the award in recognition of his visionary leadership and achievements in the world of Islamic banking. Gamal bas been the leader of the strategic transformation of QIB since 2013, and has been instrumental in the bank’s successful approach to business growth, digital transformation, and business culture development. Under his leadership, QIB outperformed competition, and managed to become the second largest bank in Qatar, and the largest private bank in the country. He has also led the QIB Group to steadily gain and maintain increased market shares, and to significantly improve the group’s efficiency and the overall performance of all its local and international entities.

For the second consecutive year, QIB has been named “Islamic Bank of The Year in Qatar”, an achievement that reflects the success of QIB in maintaining its longstanding position as the leading Islamic Bank in the country.

The award also demonstrates QIB’s unique approach to Islamic Banking, and to offering the most innovative Sharia-compliant banking solutions for both retail and corporate customers. This includes innovative digital solutions, tailored products for small and medium-sized enterprises, and following a customer-centric approach that meets the ever-changing needs of all QIB’s customers in Qatar.

Commenting on receiving the two prestigious awards, Gamal said: “Our recognition with two top awards at The Asset Triple A Islamic Finance Awards 2020 is certainly a strong acknowledgement of QIB’s position as the leader of Islamic banking in Qatar and beyond. Thanks to our commitment to always be close to our customers, and to offer them the most innovative and comprehensive banking solutions, we have managed to be the point of reference not only when it comes to Sharia-compliant banking solutions, but also on the digitalisation of banking services and innovation in servicing customers on the broader level.”

He added: “Our recognition today is certainly the result of all QIB employees’ dedication and hard work to successfully implement the innovative strategy of our Board of Directors which has been very supportive along the way. I would like to thank them all and reiterate our commitment to continuous improvement, we will always strive to be one of the best in the market through all what we do and offer.”

The Asset Triple A Islamic Finance Awards are the most prestigious awards in Islamic Finance, and amongst the most prestigious banking awards in Asia. The awards recognise the best Islamic banks, as well as the deals that defined the industry during the review period. The Asset adopts a rigorous approach in selecting the best Islamic institutions in various countries, and its awards are built upon stringent methodology, along with a benchmark research team whose surveys provide accurate quantitative and qualitative data on management decisions of all nominees.


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