Qatar International Islamic Bank (QIIB)
Top 50 Banks in The Middle East

Rank: 29

Qatar International Islamic Bank (QIIB)

Date of Establishment: 1991
Country: Qatar
CEO: Abdulbasit Ahmed A. Al Shaibei

Sales: $703 million

Profits: $258 million

Assets: $16.8 billion

Market Value: $4 billion

QIIB is 16.6% owned by the Qatar Holdings Company, a subsidiary of the Qatar Investment Authority. Since its formation in 1991, 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.