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عربي

Qatar Islamic Bank

   (QIBK.DSM)
Also known as: Al Masrif, QIB
Last Trade
81.30QAR
- 0.25%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: May 13, 2011
 
 
 
Country

Qatar

Ownership Type
Company Type
Joint Stock
 
 
 
 
Principal Activities
Provides commercial banking services including deposits, loans and credit cards; asset management services including fund, wealth and portfolio management; investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting, all in accordance with Islamic principles.
 
Date of Establishment Year
1982 (July)
 
No of Employees
789 Company, 998 Group (As of Jan 16, 2012)
 
No of ATMs
107
 
Branches
Qatar (28)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Qatar SE  QIBK QIBK.DSM Ordinary QAR
 
 
Contact Details
Address:
Qatar Islamic Bank Building
Grand Hamad Street
P.O. Box 559
Doha 
Qatar
 
Tel:
+974 4440-9409
 
Fax:
+974 4441-2700
 
Email:
info@qib.com.qa
 
Website:
www.qib.com.qa
 
Related Links:
www.asianfinancebank.com
www.europeanfh.com

 
 
 Sukuk Details
Sukuk Name:
QIB Sukuk
Type of Structure:
Ijarah
Issue Size (mil):
USD  750.00
Oversubscription:
7.87 x
 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
31 Dec 2011
 
Closing Date
31 Dec 2011
 
 
 Major Shareholders  Section Updated: 29Nov11
Name   Type  Country  Holding 
Qatar Investment Authority  Government Qatar 16.67% 
Brooq Company  Corporate Qatar -
Arab Finance House  Corporate Lebanon -
Public   - 83.33% 
 Note: Brooq Company and Arab Finance House's shareholding is part of the public stake.
 
 
 Foreign Ownership Limits
 
Owned Permitted
25%
GCC Nationals
 
25%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Aswaq Al Khalij Company for Property Development Qatar 100.00%
European Finance House United Kingdom 70.00%
Al Aqar Real Estate Development and Investment Qatar 49.00%
QInvest Qatar 45.00%
Asian Finance Bank Malaysia 33.00%
Arab Finance House (Holding) Lebanon 32.51%
Dura Doha Company Qatar 31.90%
Bawabat Al Shamal Company Qatar 31.01%
Al Jazeera Finance Qatar 30.00%
Damaan Islamic Insurance Company Qatar 25.00%
Investments
Name  Country  Holding 
Elaf Bank Bahrain 10.00%
Solidarity Group Holding Bahrain 6.90%
Masraf Al Rayan Qatar 0.34%
Arab Finance House Lebanon -
Gulf Finance House Bahrain -
 
 
 Mutual and Hedge Funds
Name  Geographic Focus    Domicile   
Rayyan Fund II France -
Solidarity Fund Bahrain -
 
 
 Representatives
Auditors
Ernst and Young Qatar  
Law Firms
Simmons and Simmons  
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  QAR'000 QAR'000 change (%)
Total revenues  5,653,944 6,628,128 17.23
Net profit  1,262,179 1,365,149 8.16
Total assets 51,877,182 58,286,144 12.35
Paid-up capital 2,166,022 2,362,932 9.09
Shareholders' Equity 9,051,648 11,202,419 23.76
Shares outstanding 216,602 236,293 9.09
Market capitalization 17,436,477 19,919,517 14.24
 
 
 
 
 
 
 

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