Qatar Islamic Bank
Qatar Islamic Bank was established in 1982 as the first Islamic financial institution in Qatar. Its products and operations are supervised by a Shari’a board, which ensures the Bank adheres to Islamic banking and finance principles. It is the country’s largest Shari’a-compliant lender.
Qatar Islamic Bank engages in the provision of corporate, retail, and investment banking activities. It operates through the following segments: Personal Banking, Wholesale Banking, Group Function, and Local and International Subsidiaries. The Personal Banking segment includes accounts, financing, cards, takaful, and other services. The Wholesale Banking segment comprises of corporate financing, contracting and real estate financing, trade services, and corporate internet banking. The Group Function segment includes treasury, investment, finance and other central functions. The Local and International Subsidiaries segment include the Groups local and international subsidiaries. The company was founded on July 8, 1982 and is headquartered in Doha, Qatar.