Dukhan Bank named ‘World’s Best Islamic Private Bank’

Tribune News Network Doha Dukhan Bank, Qatar’s leading bank, has achieved worldwide recognition for the outstanding quality of its Private Banking service ...

Tribune News NetworkDohaDukhan Bank, Qatar’s leading bank, has achieved worldwide recognition for the outstanding quality of its Private Banking service by winning the “World’s Best Islamic Private Bank” award at Global Finance World’s Best Islamic Financial Institutions Awards for 2022.Year after year, Dukhan Bank has led the Islamic banking sector as demonstrated by its unrivalled private banking proposition offering an end-to-end portfolio of financing, banking and investment products and services for HNWIs (high-net-worth individuals). One of the highest accolades in the publication’s annual event that recognizes excellence across the Islamic Finance industry globally, winners of Global Finance’s prestigious World’s Best Islamic Financial Institutions awards are leading brands such as Dukhan Bank that have excelled with a range of modern, and efficient products.On this occasion, Dukhan Bank stated: “We are extremely proud to win this award and to be named World’s Best Islamic Private Bank by the respected experts at Global Finance. We want to thank our Board of Directors, and everyone at Dukhan Bank who has worked extremely hard over many years to achieve this level of global recognition.“This award recognizes Dukhan Bank’s position at the pinnacle of Islamic banking as we meet and exceed the growing sophistication and increasing demands of private banking clients, particularly within the digital realm.”Dukhan Bank’s award-winning performance came after the Global Finance editorial team carried out extensive consultations with bankers, corporate finance executives and analysts throughout the world. Factors considered before selecting Dukhan Bank as the World’s Best Islamic Private Bank include growth in assets, profitability, geographic reach, strategic relationships, product innovation, reputation, customer satisfaction and the opinions of analysts and others involved in the industry. The mix of these factors reveals the World’s Best Islamic bank – the one which customers most likely want to do business with.Today, building on 63 years of legacy in wealth management in Qatar, Dukhan Bank has established its position at the forefront of private banking through its in-depth understanding of the local and regional markets, and as a leader in financial technology. The bank is also committed to a digital transformation that will further enrich its private banking portfolio and capture a larger and younger generation of HNWIs.Dukhan Bank offers private banking services with a personalized focus, covering treasury and foreign exchange, deposit products and short-term investments.