Qatar Islamic Bank
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Qatar Islamic Bank - Company Capsule
Reference Code: FS0457CC
Published Date: April 2011
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Qatar Islamic Bank - Company Capsule Page 1
Qatar Islamic Bank
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Qatar Islamic Bank - Company Overview
Qatar Islamic Bank (QIB) is a Qatar based financial institution. The company offers various banking services based on
Islamic Sharia principles. QIB conducts its business activities through the Islamic modes of financing, such as Sukuk,
Murabaha, Mudaraba, Musharaka, Musawama, Istisna’a and Ijarah. QIB provides a range of banking products and
services including deposits, financing, cards and corporate services. The company carries out its business activities
through three divisions, namely, Retail Banking Services, Corporate Financing and Private Banking, and Investment
Banking and Development. The company operates in the Gulf, the Middle East, Asia, Europe and North Africa with 26
branch offices and 100 ATM centers. QIB is headquartered in Doha, Qatar.
Financial Performance
The company reported interest income of QAR2,102.45 during the year 2009.The company's interest income grew at a
CAGR of 15.34% during the period 2007-2009 with a year on year decline of 12.37% over fiscal year 2008. During the
fiscal year 2009, its operating margin was 61.06% as against the operating margin of 71.04% in the fiscal year 2008.
During the fiscal year 2009, the company’s net profit margin was 62.88% as against the net profit margin of 68.45% in the
fiscal year 2008.
Qatar Islamic Bank - Key Facts
Qatar Islamic Bank, Key Facts
Grand Hamad Ave., Doha, , ,
Ticker Symbol, Stock
Corporate Address: Qatar
QIBK (Doha Securities Market)
Exchange
Telephone + 974 4409409 No. of Employees 792
Fax + 974 4412700 Financial Year End December
URL www.qib.com.qa Revenue (in QAR Million) 2,102.45
Industry Construction , Financial Services Revenue (in USD Million) 576.01
Locations Malaysia, United Kingdom, Qatar
Source: Annual Report, Company Website, Primary and Secondary Research
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Qatar Islamic Bank - Company Capsule Page 2
Qatar Islamic Bank
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Qatar Islamic Bank - Major Products and Services
Qatar Islamic Bank is a Qatar based financial institution that provides banking services according to Islamic Sharia
principles. Key products and services of the company include the following:
Qatar Islamic Bank, Major Products and Services
Products:
Deposits:
Savings Accounts
Current Accounts
Time Deposit
Al Mann Deposit
Al Salwa Deposit
Financing:
Car Financing
House Financing
Household Items Financing
Computer Financing
Cards:
Visa Classic and Gold Cards
Visa Platinum Cards
Visa Electron Cards
Manasek Card
Islamic Banking Products
Services:
Corporate Services:
Management of Corporate Financing
Management of Contracting Financing
Management of Services Financing
Operations Sector Services
Real Estate Department:
Technical and engineering advisory services
Phone Banking Services
Source: Annual Report, Company Website, Primary and Secondary Research
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Qatar Islamic Bank - Company Capsule Page 3
Qatar Islamic Bank
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Qatar Islamic Bank - Key Competitors
The following companies are the major competitors of Qatar Islamic Bank:
The Commercial Bank of Qatar Q.S.C.
Ahli Bank Q.S.C.
Qatar International Islamic Bank (Q.S.C.)
Doha Bank Q.S.C.
Qatar National Bank
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Qatar Islamic Bank - Company Capsule Page 4
Qatar Islamic Bank
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Qatar Islamic Bank - Key Employees
Qatar Islamic Bank, Key Employees
Name Job Title Board Level Since Age
Abdul Rahman Abdulla
Director Non Executive Board
Abdul Ghani
Abdulla Bin Saeed Al
Director Non Executive Board
Ledah
Abdullatlf Bin Abdulla AI
Managing Director Non Executive Board
Mahmoud
General Manager, Business Domestic
Ahmad Meshari Senior Management
Group, Acting Chief Executive Officer
Ahmed Al- Kuwari General Manager - Human Capital Senior Management
General Manager, Operations &
Akhter Jamal Senior Management
Technology
Choudhry Mohammed
General Manager, Projects Senior Management
Wasi
General Manager, Corporate
Jean-Marc Riegel Senior Management
Investments & Development Group
lssa R. Al Rabia Al Kuwari Director Non Executive Board
Mansour Al Muslah Director Non Executive Board
Mohamed Bin Issa AI
Director Non Executive Board
Mohanadi
Mohammad Bin Abdullatlf
Vice Chairman Executive Board
AI Mana
Murtada Khidir General Manager, Financial Group Senior Management
Nasser Rashid S. Al-kaabi Director Non Executive Board
Salah Al-Hail General Manager, Real Estate Senior Management
Syed Maqbul Qader Group Chief Risk Officer Senior Management
Sheikh Jasslm Bin Hamad
Bin Jasslm Bin Jabr AI Chairman Executive Board
Thani
Source: Annual Report, Company Website, Primary and Secondary Research
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Qatar Islamic Bank - Company Capsule Page 5
Qatar Islamic Bank
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Qatar Islamic Bank - Locations and Subsidiaries
Head Office
Qatar Islamic Bank
Grand Hamad Ave.
Doha
Qatar
Tel: + 974 4409409
Fax: + 974 4412700
Other Locations & Subsidiaries
Qatar Isl