Investors in Qatar Islamic Bank were left wanting this week after disappointing earnings from the Sharia-compliant lender. The bank, based in Doha, had been expected to take large chunks of market share from conventional banks forced to shed their
Qatar Islamic Bank (QIB) has reported an 8% rise in net profit to QR1.37bn in 2011 as investment earnings almost tripled. The bank has proposed a 45% cash dividend to shareholders, which is subject to the approval of Qatar Central Bank and to be
Qatar Islamic Bank (QIB) has announced a project financing agreement with Al Million Services Trading and Contracting Co. W.L.L. in order to fund the purchase and operation of 500 new taxi vehicles. The financing will be implemented as per the Islamic