Qatar International Islamic Bank

Qatar International Islamic Bank

Qatar International Islamic Bank (QSC) engages in banking, financing, and investing activities.

Financials

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Revenues, earnings & profits over time
QAR202120222023202420252026
Revenues000000000000000000000000
% growth-2 %10 %2 %272 %6 %
EBITDA000000000000000000000000
Profit000000000000000000000000
% profit margin56 %59 %58 %61 %--
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article, Equity research estimates

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More about Qatar International Islamic Bank
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Qatar International Islamic Bank (QIIB) was established on January 1, 1991, under an Amiri Decree, marking the beginning of a new era in Islamic banking in Qatar. The bank was founded with a vision to provide Sharia-compliant financial services, catering to both retail and corporate clients. While specific founders' names are not prominently highlighted, the bank's establishment was a significant move by the Qatari government to enhance the Islamic finance sector in the region.

Since its inception, QIIB has grown to become one of the leading Islamic banks in Qatar, offering a wide range of services that adhere strictly to Islamic principles. The bank's commitment to Sharia compliance has been a cornerstone of its operations, ensuring that all financial activities align with Islamic laws.

QIIB's journey has been marked by strategic growth and expansion. It became a publicly listed company, allowing it to access capital markets and expand its operations further. This move was pivotal in strengthening its financial position and enhancing its service offerings. The bank's ability to adapt to changing market dynamics while maintaining its core values has been a key factor in its sustained success.

Throughout its history, QIIB has played a crucial role in supporting Qatar's economic development, providing financing solutions that support various sectors, including real estate, trade, and infrastructure. Its network of global correspondent banks facilitates international trade and finance, further solidifying its position as a major player in the Islamic banking industry.

Today, QIIB stands as a testament to the successful integration of traditional Islamic values with modern banking practices, continuing to serve its customers with integrity and innovation.

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Investments by Qatar International Islamic Bank

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Al Rayan Bank
ACQUISITION by Qatar International Islamic Bank Jun 2011