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Qatar Islamic Bank (QIB) was founded in 1982, becoming the country’s first Islamic financial institution and Sharia’-compliant bank. Its products and operations are supervised by a Sharia’ board, which ensures the Bank adheres to Islamic finance principles.
Capital amounted to 2.36 billion at the end of June 2015.Total assets reach 116 billion.QIB is now the largest Islamic Bank in Qatar by far, with a 36% share of the Islamic sector and above 10% share of the banking market overall.QIB conducts its domestic business through 31 branches spread throughout the country in additional to private centers for Ladies and dedicated lounges for affluent customers, augmented by more than 165 multi-function ATM installations.QIB is also one of the largest Islamic banks in the MENA region and pursues a vision to become the world leader in the sector.
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