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Qatar International Islamic Bank (Q.S.C.) (Qatar)

Main Activities: Commercial Banking
Full name: Qatar International Islamic Bank (Q.S.C.) Profile Updated: February 07, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English & Arabic Download a sample report

Qatar International Islamic Bank (QIIB) is an Islamic bank, established in 1991. Headquartered in Doha and with offices across the country, it offers both individual solutions and corporate banking, according to the Islamic interest-free banking principles. In addition to the most common Islamic banking services, QIIB has developed mobile baking services, Internet banking and phone banking. Its strategy focuses on exploring both local and international markets, working for sustainable returns for its shareholders. Corporate banking division focuses largely on projects of national significance in infrastructure, industry, transportation and communication. It also supports SMEs within two agreements with Qatar’s Economy Ministry and Qatar Development Bank. On an international level, QIIB cooperates with a credit institution in Morocco. It is one of the founders of Islamic Bank of Britain and of Syria International Islamic Bank. In Pakistan QIIB along with partners has established an Islamic Takaful insurance company. QIIB boasts A-tier credit ratings by the big rating agencies, including Fitch, Moody’s and Capital Intelligence.

Legal Address
Grand Hamad Ave.,P.O Box 664
Doha; Doha;

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Website: http://www.qiib.com.qa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
1990
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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10%
Subsidiaries
QIIB Senior Sukuk Ltd (Cayman Islands)
QIIB Tier 1 Sukuk Ltd (Cayman Islands)
Company Performance
Financial values in the chart are available after Qatar International Islamic Bank (Q.S.C.) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency QAR. Absolute financial data is included in the purchased report.
Net interest income
6.86%
Operating profit (EBIT)
2.32%
Net Profit (Loss) for the Period
1.15%
Total assets
7.89%
Total equity
11.3%
Total Assets Trend
-5.18%
Net Interest Income Trend
-2.08%

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