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

Main Activities: Commercial Banking
Full name: Qatar Islamic Bank (Q.P.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 Islamic Bank (QIB) was established on 8 July 1982 as a Qatari shareholding company by the Emiri Decree No.45 of 1982 in order to provide banking services in accordance with the provisions of Islamic Shari’a and as per the regulations of Qatar Central Bank (QCB). It commenced operations with one branch in July 1983 and expanded to 8 branches by 2005. The Bank carries out banking services, investment and financing activities through various Islamic modes of financing. QIB is considered as one of the largest providers of Islamic finance in the local market.

Legal Address
Grand Hamad Ave.,P.O Box 559
Doha; Doha;

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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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Incorporation Date:
July 08, 1982
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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20%
Subsidiaries
QIB Sukuk Ltd (Cayman Islands)
100%
Arab Finance House (Lebanon)
99.99%
QIB (UK) (United Kingdom)
99.71%
Company Performance
Financial values in the chart are available after Qatar Islamic Bank (Q.P.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
1.52%
Operating profit (EBIT)
2.68%
Net Profit (Loss) for the Period
0.32%
Total assets
6.63%
Total equity
4.32%
Total Assets Trend
-0.08%
Net Interest Income Trend
-8.59%

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