last trade: 58.40 QAR (20 July 2017) 1.20
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The first Islamic bank in Morocco, Umnia Bank, has opened its doors five months after the country's central bank approved requests to open Islamic financial institutions.Reuters News - 23-May-2017
QIIB is an award-winning Islamic bank that will leverage PRIME as a consolidation platform to manage all of its card issuing and multi-channel acquiring. By migrating toPress Release - 14-May-2017
QIIB has posted a first quarter net profit of QR236.5mn, up 6% on Q1, 2016, the leading Islamic bank announced in Doha yesterday. QIIB vice chairman Sheikh Abdullah Thani Abdullah al-Thani said, “These outstanding results confirm that the bank has been able to benefit from the upward trend in economic growth and the other positive factors provided by the Qatari economy, which sees greatGulf Times - 26-Apr-2017
04 April 2017 QIIB expects its joint venture bank in Morocco, Umnia, to commence operations “within a short period of time”, said its chairman and managing director Sheikh Dr Khalid bin Thani bin Abdullah al-Thani.“We expect this investment will achieve good results based on the detailed studies done in the Moroccan market for Islamic banks,” Sheikh Dr Khalid told the bank’s general assembly meetiGulf Times - 04-Apr-2017
QIIB's CEO said that one of the approval is for Tier1 sukuk which is related to owners equity, while the other is part of financing sukuk for five years.The Peninsula - 04-Apr-2017
The doubts that OPEC can maintain its supply-cut deal are turning into a certainty.
Despite Trump's withdrawal, business groups have identified significant benefits from the climate change accord.