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QATAR INTERNATIONAL ISLAMIC BANK (QIIB) NAMED 2014 BEST ISLAMIC BANK IN QATAR

DOHA, Qatar, June 9 – Qatar International Islamic Bank (QIIB), has been named 2014 Best Islamic Bank in Qatar, by London-based Capital Finance International (CFI), Qatar News Agency (QNA) reported.

QIIB chairman and managing director, Sheikh Khalid bin Thani bin Abdullah Al Thani, received the award during a ceremony held in London last Saturday.

“Winning this award comes at a time when various QIIB indicators are rising, and due to participation in the economic boom currently taking place in the Qatari economy, which would not have been possible without support from the government of Qatar,” he said.

CFI is a publishing and research foundation that issues publications and reports related to business, economy and finance.

A number of criteria were considered in awarding the recognition to QIIB, including profitability, continued growth, asset quality, adherence to Islamic banking standards and expansion in customer base.

SOURCE: QNA