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QIB looks to boost funding to SME

Qatar Islamic Bank (QIB) is planning to enhance funding to local small and medium enterprises (SMEs) and to reposition itself to become a leading bank offering Shariah-principled services at the global level.
These initiatives were disclosed to t

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QIB signs agreement with new horizons for education finance

QIB, Qatar’s first Islamic bank, has signed an agreement with New Horizons Computer Learning Center to finance educational courses designed to meet the needs of QIB’s clients, both local and expatriate. The signing of this agreement provides a further key

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QIB posts $363m profit for ‘09

Qatar Islamic Bank announced a QR1.32 billion ($362.5 million) net profit for the 2009 fiscal year, the profit stemming mainly from operating revenues and represents a 23 per cent growth rate from 2008.

Total equity increased to QR9 billion as

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Al Rajhi, Ezdan, Qatar National, QIB, CBQK: Gulf Equity Preview

The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.

Saudi Arabia’s Tadawul All Share Index gained 0.2 percent. Dubai Financial Market General Index increased 0.9 p

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QIB, Generali and Beema planning to launch a joint venture in Takaful

QIB, Generali and Beema have started preliminary talks with the aim to set up a Joint Venture in the Takaful business, drawing upon QIBs formidable experience in the Islamic banking sector, Generalis in-depth knowledge and skills of the insurance and rein

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