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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Business Description
Geography of Operations
Ownership Details
What we like about their Business
Key Risks
Potential Future Outcome
Financials and key ratios for past seven years

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