Qatar QIIB chief to meet global experts on $2bln sukuk

14/10/2017 16:28 AST

QIIB is scheduled to meet global financial and banking institutions as part of efforts to attract more investors to its $2bn sukuk.

QIIB chairman and managing director Dr Sheikh Khalid bin Thani bin Abdullah al-Thani is slated to meet with officials and financial experts across the world as the bank embarks on a roadshow. He has already held a stream of meetings at the sidelines of the IMF World Bank meeting in New York.

The QIIB delegation will also hold bilateral discussions in which it will highlight the strength and robustness of the Qatari banking sector, its enriching opportunities and ability to achieve further growth in view of its strengths, especially in terms of the high solvency and huge reserves of Qatar.

QIIB’s $2bn sukuk has received approval from the UK Financial Conduct Authority (FCA) to list the instrument on the London Stock Exchange. The bank’s Trust Certificate issuance programme has been assigned a provisional rating of ‘A2’ by Moody’s and expected rating of ‘A’ by Fitch.

QIIB was established in 1990 as the second Islamic bank in Qatar and is currently the third largest listed Shariah-principled lender in terms of assets and market capitalisation. QIIB started its operations in 1991 and is listed on the Qatar Stock Exchange. The bank also has regional and international partnerships.


Gulf Times

News

QIIB grew on all fronts, 2017 a successful year’

27/03/2018

The Vice-Chairman of QIIB, Sheikh Abdullah bin Thani bin Abdullah Al Thani, has said that the year 2017 had witnessed the bank’s capability in achieving its target growth in terms of the most import

The Peninsula

QIIB announces appointment of Qataris as top executives

22/03/2018

QIIB has announced the appointment of Sheikh Abdulaziz bin Abdullah bin Faisal Al Thani, as the Chief- Corporate Banking Sector and Sheikh Mohammed bin Ali Al Thani as Chief-Treasury & Investments. T

The Peninsula

QIIB net profit grows by 6% to QR832m

25/01/2018

QIIB has announced a net profit of QR832m for the year 2017, up 6 percent compared to the previous year. The bank’s earnings per share stood at QR5.50 in 2017.

The Board of Directors recomm

The Peninsula

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
STC 83.41 257,644
DARALARKAN 13.47 74,648,349

Valuation

QIIK Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
QNBK 134.50 0.61 (0.45%)
MARK 35.99 -0.11 (-0.31%)
QIBK 99.00 -0.50 (-0.51%)
CBQK 31.34 0.34 (1.09%)
DHBK 26.05 -0.45 (-1.70%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap