QIB wins 3 digital innovation awards from The Asset Triple A Islamic Finance Awards

19/11/2025 04:37 AST

Qatar Islamic Bank (QIB) has been recognised with three prestigious awards at The Asset Triple A Islamic Finance Awards 2025.

The bank was awarded 'Best Islamic Bank for Digital Innovation', 'Best Islamic Digital Banking Solution for Car Financing', and 'Best Islamic Digital Banking Solution for Financial Inclusion', reaffirming its continued leadership in digital banking.

With over 83% of QIB's retail customers now actively using the bank's digital channels, and 99% of financial transactions completed digitally, the Bank continues to lead the industry in digital adoption.

Recognised as the 'Best Islamic Bank for Digital Innovation', QIB has set a benchmark in digital banking through its mobile-first strategy and continuous enhancements to the award-winning QIB Mobile App.

Now offering more than 320 integrated features, the QIB Mobile App enables customers to access a wide range of retail banking services, including real-time onboarding, instant personal finance, credit card issuance, and more.

Additionally, this recognition highlights QIB's customer-centric approach and commitment to enabling the bank's corporate customers. Through a suite of tailored, Shariah-compliant digital solutions, including digital onboarding, Corporate Internet Banking, the QIB Corporate App, and co-branded credit cards with Ooredoo, QIB has simplified business banking.

The bank also offers a comprehensive range of payment services, such as POS terminals, Payment Gateway, and QIB SoftPOS App, empowering SMEs to manage finances, improve liquidity, and scale sustainably.

The 'Best Islamic Digital Banking Solution for Car Financing' award recognises the QIB Auto Marketplace, the first fully integrated, in-app car purchase and financing platform in Qatar. Accessible exclusively through the QIB Mobile App, the Marketplace features a diverse and growing selection of renowned automotive brands through an expanding network of dealer partners, enabling customers to browse vehicles, compare options, book test drives and complete financing applications digitally, delivering a fast, transparent and truly branchless journey from selection to ownership.

The award for 'Best Islamic Digital Banking Solution - Financial Inclusion' acknowledges the QIB Lite App, Qatar's first simplified, multilingual mobile banking experience tailored to underserved communities. Available in eight languages, QIB Lite offers a seamless, branch-free journey and enables quick self-registration, instant payments, affordable transfers, bill settlement, and intuitive account and card management. With an instant Salary Advance available for eligible customers, QIB Lite reflects the bank's commitment to inclusive innovation and empowering every customer to manage their finances with ease and confidence.

Constantinos Constantinides, QIB Chief Strategy & Digital officer, said: "We are pleased to receive these awards from the Asset, which reaffirm our leadership in digital innovation and our commitment to inclusive, customer-centric banking.

"Building on the trust of our customers and the dedication of our team, we continue to expand access and deliver secure, smarter ways to bank through the QIB Mobile App, Corporate App and QIB Lite App, inviting our customers to expect more from QIB as we continually elevate their digital banking experience."

Marking its 25th anniversary, the Asset Triple A Islamic Finance Awards is highly regarded within the financial sector as one of the most prestigious recognition programmes, celebrating institutions that exemplify outstanding performance in Islamic banking.

Gulf Times