SR.No: 59
Qatar International Islamic Bank (QIIB)
Sector: Banks & Financial Services
Date of Establishment: 1991
Country: Qatar
CEO: Abdulbasit Ahmed A. Al Shaibei
Sales: $703 million
Profits: $258 million
Assets: $16.8 billion
Market Value: $3.8 billion
QIIB is 16.6% owned by the Qatar Holdings Company, a subsidiary of the Qatar Investment Authority. Since its formation in 1990, QIIB has grown to be the third-largest listed Islamic bank in Qatar by total assets. It has developed a network of 15 branches and operates through three business segments: personal banking, corporate banking, and treasury and investments. In 2020, it became the first Islamic bank in Qatar to launch a card for domestic workers.