Qatar Islamic Bank

Qatar Islamic Bank (Q.P.S.C)
Company typePublic Company
QEQIBK
IndustryBanking
Founded1982 (1982)
Headquarters,
Qatar
Number of locations
Qatar, Sudan, UK, Lebanon
Key people
Bassel Gamal (Group CEO)
Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani (Chairman)
Revenue1.70 billion
Number of employees
501–1000 employees
Websitewww.qib.com.qa

Qatar Islamic Bank (Q.P.S.C.) was established in 1982 as the first Islamic financial institution in Qatar. Its products and operations are supervised by a Shari’a board, which ensures that the bank adheres to Islamic banking and finance principles. It is the country's largest Shari’a-compliant lender.

As of 2019 QIB was the largest Islamic bank in Qatar, with a 43% share of the Islamic sector and an 11% share of the banking market overall. It has over 170,000 retail clients and more than 3,000 corporate clients. It conducts its domestic business through 31 branches spread throughout the country, in addition to private centers for ladies and dedicated lounges for affluent customers, augmented by more than 175 multi-function ATM installations.