Doha, Qatar - March 17, 2012: Qatar Islamic Bank (QIB) has been named for the second consecutive year as the 'Best Islamic Bank in Qatar' for 2011 at the Islamic Finance News (IFN) awards. QIB also won the 'Best Turkey Deal of the Year 2011' for its role as joint co-manager for the $350 million KT Sukuk Varlik Kiralama deal.

These two awards reflect QIB's commitment to its customers and stakeholders, and reinforce QIB's position as one of the principal Islamic Banking pioneers in Qatar, in the region and across the world.

The annual Islamic Financial News Best Bank Poll, established in 2006, recognises the best providers of Islamic financial services across a series of markets and sectors as voted by the readers of IFN. Islamic finance issuers, investors, non-banking financial intermediaries and government bodies from around the world are invited to participate by casting their votes. A panel of experts from non-competing organizations then examine and sort through all submissions during the elimination process until just one transaction in each category remains.

Mr Hassan Sultan Al Jafali, Assistant General Manager of Personal Banking has received the two awards on behalf of QIB, at the ceremony held in Dubai.

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© Press Release 2012