It posted a 7.5% jump in net profit to US$1.18bn last year.
QIB posts 7.7% profit rise
The net profit shot up to US$538m in H1 of 2023.
Qatar Islamic Bank owner again offers to buy Manchester United
Manchester United have received a second Qatari bid to buy the English football giants, British media reported. The reports said that Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber AI Thani, the chairman of Qatar Islamic Bank, had placed a second round offer. British billionaire Jim Ratcliffe made a revised...Qatari businessman mulls taking over Man Utd
London, United Kingdom - A consortium led by a Qatari banker announced it had submitted an offer to take full control of Manchester United, with British billionaire Jim Ratcliffe also reported to have lodged a bid. Sheikh Jassim Bin Hamad Al Thani "confirmed his submission of a bid for 100 percent...QIB profits grow by 12.7% in 2022
The return on the share amounted to QR 1.62.
Morocco supervisory authority approves Takaful Insurance Company
Rabat, Morocco---A Takaful insurance company will be established in Morocco by Qatar Islamic Bank, Atlanta Insurance and Moroccan Tourism and Real Estate Loan Bank (CIH) after the Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS) approved the decision. Takaful is Sharia-compliant Islamic insurance wherein members contribute money into a pool...QIB’s profit shoots up 13%
It reported $783m profit in the first nine months of the year.
QIB partners with Loop
They will promote eco-friendly alternative to personal cars.
QIB posts profit of US$499m for first half of 2022
Total assets of the bank have increased by 4.8 percent compared to June 2021 and now stand at QAR 193 billion.
GCC firms should focus on digital change: QIB chief
Bassel Gamal, the Group CEO of Qatar's second-largest bank, tells TRENDS that leaders should empower their employees to make decisions.QIB’s quarterly profit grows 14%
The Earnings per Share (EPS) amounted to QR 0.36.
Qatar Islamic Bank named world’s second strongest Islamic bank
The Qatar Islamic Bank (QIB) has been ranked as the "Fourth Strongest Bank in the Middle East" and "Second Strongest Islamic Bank in the World". The bank was also named as the 'Strongest Bank' and the 'Strongest Islamic Bank' in Qatar. In its 2021 Rankings for the 500 Strongest Banks,...
Qatar Islamic Bank net profit jumps 14 percent to $692m
Qatar Islamic Bank has said that its net profit for the first nine months of 2021 has jumped 14 percent to $692 million.
