Qatar Islamic Bank - Company Capsule

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					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
				
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