Qatar Islamic Bank

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Recent Articles

• Qatar Islamic Bank reports $51.44m Q3 profits14 October 2009

  The lender's third quarter net profits fell 52.8% from the same quarter last year.

• QIB not exposed to Saudi Saad, Algosaibi Groups 18 August 2009

  Qatar Islamic Bank CEO says focus remains on oil, gas, infrastructure projects.

• Qatar Islamic Bank launches Global Sukuk Plus Fund26 April 2009

  QIB's affiliate, EFH initiates European platform for Shariah-compliant investment.

• Bank Islam plans to raise $149.5m via share sale11 April 2009

  Dubai Islamic Investment Group, with 40% bank stake will get preference.

• Qatar Islamic Bank to launch sukuk fund 30 March 2009

  Bank's QIB European Finance House unit intends raising $200m for London-managed fund.

• Qatar index falls to new 5-year low1 March 2009

  Industries Qatar leads stock market to new 5-year low amid gloomier prognosis for global economy.

• Qatar Islamic Bank set for French move21 January 2009

  French authorities are considering licensing Qatar Islamic Bank to provide Islamic banking services in France.

• Qatar Islamic Bank’s Q4 profit drops 1.8% 18 January 2009

  Gulf state bank reports $107mn profit; breaches analysts' estimates of 7% rise in profit.

• Qatar Islamic Bank eyes $1.04bn through wealth fund24 December 2008

  Shareholders approve proposal to issue new shares to Qatar Investment Authority.

• Qatar Real Estate in $275mn Islamic financing deal2 December 2008

  Qatar National Bank and Qatar Islamic Bank provide ijara funds for property projects.

• QIB opens new data centre1 December 2008

  New IT centre opened as part Qatar Islamic Bank's revamped technology strategy

• Qatar Islamic Bank posts 46% rise in profit23 October 2008

  World's fourth-largest sharia compliant bank announces results for year to Sept 30.

• New wave of ATM fraud hits Qatar banks8 October 2008

  Qatar Islamic Bank and HSBC send out warning text messages to customers.

• Qatar Islamic plans listing international units6 September 2008

  Lender to list international units in bid to develop global Islamic banking hubs.

• Qatar Islamic says bonds among financing options27 August 2008

  Need to refinance bridge-financing will still depend on market conditions.

• Qatar Islamic Bank Q2 profit soars 72% 16 July 2008

  Returns on finance for huge real estate projects seen pushing second-quarter profits to $109mn.

• QIB in $5bn Malaysian deal15 June 2008

  Qatar Islamic Bank signs MoU with Gulf Petroleum Berhard for financing of oil, gas complex.

• Qatar readies $9.8bn EU property investment27 May 2008

  State-backed investors eyeing prime commercial properties in European centres.

• Qatar looks to lure New York investors20 May 2008

  Nine Doha-listed companies showcase their wares to world's largest capital markets.

• Increased lending boosts Dubai Islamic profit29 April 2008

  Bank sees Q1 profit rises 31% to $151.4mn, helped by lending to UAE's realty sector.

• Masraf Al Rayan announces $59.85mn Q1 profit21 April 2008

  Qatar's second-biggest Islamic lender says 2008 first-quarter profit grew five-fold.

• Qatar bank allows 49% foreign ownership16 April 2008

  Islamic bank Masraf Al Rayan increases foreign ownership limit to tap global interest.

• Qatar to launch $1bn Islamic fund4 March 2008

  Sharia-compliant Dhow Gulf Opportunities Fund aiming to attract investment to Doha and Gulf region.

• Qatar Islamic Bank rakes in record profits16 January 2008

  Gulf lender plans to sell stock to shareholders to raise its capital by 20% after record Q4.

• QIB borrows $300mn, plans sukuk25 December 2007

  Standard Chartered and ABN Amro contributed to murabaha loan, banks will also arrange Islamic bond.