Qatar Islamic Bank (QIB) was the first Islamic bank to start operating in the country in 1982 and it is still the largest today: The Bank currently holds 42.3% share of the Islamic banking sector and approximately 11% of the total domestic banking sector. As of December 2018, the total Shareholders' Equity of the bank amounted to QAR 15.4 billion (4.2 billion US Dollars) with total assets reaching QAR 153.2 billion (42.1 billion US Dollars).
QIB conducts its domestic business through a modern branch network spread throughout Qatar with key branches featuring distinctive centers with specialized relationship managers focused on servicing specific customer segments: Private Banking Centers, Affluent Banking Centers, as well as Ladies Banking Centers. In addition to its branch network, the Bank has accelerated its investments in digital channels providing its services through QIB Mobile App, internet banking applications for individuals and companies, multi-functional ATMs, Interactive Teller Machine (ITM) and an award winning Call Center.
QIB’s growth strategy is built on its position as a leading Islamic Bank with deeply rooted customer relationships and strong engagement with the local communities. The Bank’s strategy is closely tied with Qatar’s National Vision 2030 and the Government’s commitment to investments in the country’s infrastructure, the diversification of the economy and the development of a strong private sector. QIB is a stable financial group covering all segments of the financial markets, including individuals, government institutions, large corporations and SMEs providing innovative Sharia-compliant banking solutions.
|Last Closing Price||153.31|
|Number of Shares (mln)||236|
|Market Cap (mln)||36,226|
|FINANCIAL HIGHLIGHTS, Million QR||2017||2016||2015||2014||2013|
|Financing & investments||119,934||108,459||77,819||63,829|
|Total shareholders’ equity||15,420||14,238||13,376||12,478||11,860|
|Profit for the year attributable to equity holders of the bank||2,405||1,954||1,601||1,335|
|Earnings per share (QAR)||10.79||8.55||8.06||6.78||5.65|
Return on assets
Return on equity