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Qatar Islamic Bank

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Executive Summary

Qatar Islamic Bank was the first Islamic bank in Qatar and it commenced operations in the year 1982. The bank operates in four segments: (i) Corporate Banking (ii) Personal Banking (iii) Group Function (iv) Local & International subsidiaries. In terms of net income composition, based on FY20 data, personal banking has the highest share amounting to 38%, followed by corporate banking, which contributes around 32%. The bank has weathered the COVID-19 storm and achieved a strong and steady performance across all divisions through the successful implementation of its business strategy. It also has one of the lowest efficiency ratios among the Qatar banks.

Company Report Series

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FAQ

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Experienced and qualified team of Marmore MENA Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.

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The report spans 10 pages

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