QIB awarded Islamic Bank of the Year in Qatar, UK awards

QIB awarded Islamic Bank of the Year in Qatar, UK awards

Qatar Islamic Bank (QIB) has received the prestigious ‘Islamic Bank of the Year in Qatar’ for the 9th consecutive year, and ‘Islamic Bank of the Year in The United Kingdom’ at The Banker Magazine’s Islamic Bank of the Year 2021 Awards. The two prestigious titles were awarded to QIB Qatar and QIB UK respectively, in recognition of their outstanding performance through 2020, and their success in outperforming the competition in terms of financial performance, digitization of banking products, and innovation in the world of Sharia-compliant banking in both Qatar and the UK. Established in 1926, The Banker Magazine is read by senior decision makers at the world’s foremost financial institutions. Through its annual Islamic Bank of the Year Awards program, the publication produces comprehensive classifications of the best Islamic financial institutions in order to promote and reward excellence within the global Islamic banking community. Commenting on the awards, Mr. Bassel Gamal, QIB’s Group CEO said: ‘We are honoured to have been awarded Islamic Bank of the Year once again in Qatar as well as in the UK, another testament of our success in maintaining market leadership in Islamic banking in Qatar and beyond with the support of the board of directors and the efforts of all QIB employees.’