Qatar Islamic Bank (QIB) has been recognized on a global, regional, and national level at the Global Finance Magazine’s World’s Best Islamic Banks Awards for 2021.
After extensive consultations with bankers, corporate finance executives and analysts, Global Finance’s editorial team awarded QIB with four prestigious accolades including ‘Best Islamic Corporate Bank – Global’ in addition to ‘Best Islamic Bank in the Middle East’ and ‘Best Islamic Bank in Qatar’ for the second consecutive year. The bank has also received ‘Best Islamic Bank in Sudan’.
Selection criteria included growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products, in addition to reputation and customer satisfaction.
This recognition also took into consideration the role of QIB and its contribution to the growth of Islamic financing in Qatar, the Middle East and beyond with the launch of innovative Sharia-compliant products and digital solutions that respond to the changing needs of both QIB’s retail and corporate customers in Qatar and abroad.
Commenting on this recognition, Bassel Gamal, QIB Group CEO said: “Today’s recognition re-affirms QIB’s success in improving its position as a leading Islamic bank on a global level, while continuously leading the local and regional markets and being the industry’s benchmark when it comes to offering the best and most digitally-enabled Sharia-compliant products and banking services.”
“Thanks to the support of our board of directors, and with the dedication of all our employees, we have managed to stand by our customers in difficult times, and to be the bank that relentlessly supports the diversification and growth of the local economy across all its sectors.”
“Customer centricity and digital innovation will continue being the backbone of our business strategy, and we will remain committed to reshaping the future of Sharia-compliant banking with more market-first products and solutions that will bring seamless banking experiences to our customers in Qatar and around the world,” concluded Bassel.— The Peninsula