Market: Qatar Stock Exchange
Symbol: QIBK
ISIN: QA0006929853

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 49% share of the listed Islamic banks in Qatar regulated by QCB and approximately 10% of the total domestic banking sector.

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.

QIB Group has a stake in a number of Qatari Sharia’-compliant financial services companies. This includes QInvest, its investment banking subsidiary, and its associates Beema (Takaful solutions provider) and Al Jazeera Finance (Consumer Finance company).

The Group has established an international presence in key markets so as to be able to serve the cross border needs of its customers as well as to develop a focused presence in geographies with high interest in Islamic banking services. QIB-UK is a subsidiary established in 2008 covering the financial needs of Qatari individuals and companies in the United Kingdom. Furthermore, the bank has presence in Lebanon through Arab Finance House and one branch in Sudan.

Currency QAR
Last Closing Price 21.55
Change (%) 0.23
Volume 485,508
Number of Shares (mln) 2,363
Market Cap (mln) 50,921
FINANCIAL HIGHLIGHTS, Million QAR
2020
2019
Total assets
Financing & investments
Deposits
Total shareholders’ equity
Total income
Profit for the year attributable to equity holders of the bank
Earnings per share (QAR)

Dividends

Return on assets

Return on equity

.