11.37000 QAR
0.05
0.44%
Last update Dec 14, 1:10 PM +03
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Day range
11.20000
11.42000
Previous close
11.42000
Open
11.42000
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Qatar International Islamic Bank
11.37
0.05
0.44%

Overview

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Description

Qatar International Islamic Bank is a leading financial institution that provides comprehensive banking solutions in adherence to Islamic sharia principles. Established in 1990, the bank serves its diverse clientele by offering a range of products, including personal banking, corporate finance, investment services, and specialized Islamic finance solutions. Its primary function is to facilitate banking operations while ensuring compliance with Islamic law, which prohibits the collection of interest and emphasizes profit-sharing and ethical investments. Qatar International Islamic Bank plays a significant role in financing projects within key sectors like real estate, construction, and consumer goods, influencing both local and regional economic development. As one of Qatar's prominent banks, it contributes to the country's vision of being a global leader in Islamic finance. The bank's market significance is underscored by its efforts to expand its digital banking services, enhancing customer convenience and accessibility in a rapidly evolving financial environment. By aligning with sustainable principles in financial operations, the bank not only supports Qatar's economic goals but also adheres to the global transition towards more ethical financial practices.

About

CEO
Mr. Jamal Abdullah Ahmad Jassim Al-Jamal
Employees
0
Address
Grand Hamad Street Doha
P.O. Box 664
Doha
Phone
974 4484 0000
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
Qatar
MIC code
DSMD
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