QIB named best Islamic bank in Qatar by The Asset Magazine
- Qatar: Monday, July 23 - 2012 at 12:37
- PRESS RELEASE
Qatar Islamic Bank (QIB) - the benchmark Shari'a-compliant bank in Qatar - announced it has been named the best Islamic bank in Qatar by the Asset Magazine in yet another recognition for its leading position in the country. QIB also received an award for the best Islamic deal in Qatar for its role as the Facility agent for the Islamic tranche in Barzan $10.3bn gas project.
The Asset Magazine argued that QIB had managed to set and enforce the highest standards for Islamic banking in Qatar and beyond, and performed consistently well despite the adverse global financial conditions and the rising local competition.
Ahmed Meshari, Acting CEO, QIB commented: " Our transformation programme that was launched last year has started to bear fruit, having a positive impact on the Bank's performance and our customer service levels allowing us to meet the growing expectations of our valued customers. We are pleased that the industry has appreciated our achievements with this award."
Hong Kong-based The Asset Magazine has been running Islamic Finance Awards for a few years now and have gained credibility in the market since then due to its stringent screening and short listing process.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.