Qatar Islamic Bank

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Recent Articles

• Qatar Islamic optimistic on UK banking licence27 November 2007

  Gulf's fourth-largest Islamic lender plans to list shares of joint venture on LSE.

• Qatar Islamic launches $550mn funds28 October 2007

  Two investment funds will invest in Qatari stocks complying with Islamic law, bank says.

• Record profit for Qatar Islamic16 October 2007

  Country's third-largest lender posts biggest ever net income of $98mn in Q3, but still misses analyst forecast.

• Islamic marine fund launched4 October 2007

  Middle East and Malaysian investors aim to cash in on sea freight boom.

• Qatar developer to sell $150m Islamic bond21 June 2007

  Salam Bounian will sell a 10-year Islamic bond to fund shopping mall construction.

• QIB says 2007 profit to grow 25%15 May 2007

  Qatar Islamic Bank expects profit to grow 25% this year as it expands in Qatar and abroad.

• QIB launches Sanabel Islamic Fund30 April 2007

  Qatar Islamic Bank (QIB) is to set up a QR1 billion (US$274.8m) fund to invest in stocks listed on the Doha bourse, the worst-performing exchange in the GCC this year QIB and Global Investment House of Kuwait will manage the fund, called Sanabel.

• Banking on Sudan's economic revival30 April 2007

  Qatar Islamic signs MoU ahead of $1bn Sudan bank startup.

• QIB considering $1bn Sudan unit29 April 2007

  Qatar Islamic Bank is studying a Sudanese venture with partners in the Gulf region.

• Qatar Islamic to plunge into falling Doha bourse7 April 2007

  Islamic lender links up with Kuwait’s Global Investment to announce Sanabel fund.

• QIB to finance Airbus purchase26 March 2007

  Qatar Islamic Bank enters into a Shariah compliant lease-to-own agreement with Qatar Airways.

• QIB takes on Ramco in Doha16 December 2006

  Qatar Islamic Bank (QIB) has signed a contract with Ramco Trading & Contracting Company for the construction of a US $87 million (QR317 million) office tower in Doha