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Feb 13 2011

QIB Named Qatar's Premier Islamic Finance Institution

Doha, Qatar February 13, 2011: QIB has earned an excellence award as the Best Islamic Financing Institution in Qatar in 2010 from the 8th International Real Estate Finance Summit (IREF) organized by ICG in London. QIB has received the award due to its excellent financing solutions for local companies as well as its premier standing as a competent Qatari financial institution contributing to shaping the national economy.

Upon receiving the award in London, QIB Acting Chief Executive Officer Ahmad Meshari said, "This award reflects QIB 's commitment to position itself as the Islamic Banking pioneer not only amongst the financial institutions in Qatar but regionally and globally. It's recognition for QIB 's continuous efforts in developing Islamic banking in Qatar and the world for the past 28 years''.

Meshari added, "The award is a result of QIB 's success in implementing a well-defined business strategy under the supervision and guidance of the board of directors led by His Excellency Sheikh Jassim bin Hamad bin Jabr al Thani. This strategy is focused on excellent services and expansion of QIB 's activities, branches and affiliates in Qatar and abroad through tactical partnerships with leading banking institutions to pursue sustainable development that the banking sector is witnessing in the country''.

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© Press Release 2011

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