Qatar Islamic Bank (Q.P.S.C.) Overview
Pro stress-test →Qatar Islamic Bank was established in 1982 as the first Islamic financial institution in Qatar. The bank currently holds 36% share of the listed Islamic banks in Qatar and 10% of the total domestic banking sector. It provides corporate, retail, and investment banking products and services in Qatar and internationally through four segments: Corporate Banking, Personal Banking, Group Function, and Local & International Subsidiaries.
Strategic Profile
Pro stress-test →QIB is Qatar's leading digital bank, leveraging modern digital channels alongside its extensive branch network. Its operations are supervised by a Shari'a board, which ensures that the bank adheres to Islamic banking and finance principles. The bank's growth strategy is built on its position as a leading Islamic bank with deeply rooted customer relationships, and is closely tied with Qatar's National Vision 2030 and the Government's commitment to investments in the country's infrastructure and economic diversification.
Competitive Landscape
Pro stress-test →QIB holds 36% share of listed Islamic banks in Qatar, maintaining market leadership among Islamic banking institutions. Key competitors in the broader banking sector include Commercial Bank of Qatar and International Islamic Bank. The bank's differentiation stems from its first-mover advantage in Islamic banking, established customer relationships, and comprehensive digital banking platform.
Industry Context
Qatar Islamic Bank (Q.P.S.C.) operates in Islamic Banking and Financial Services.
Key facts
Founded: 1982 · Headquarters: Doha, Qatar · Employees: 998 · Revenue: $3.5B · Market cap: $15.4B