Global Finance Names QIB Best Islamic Financial Institution in the GCC

Doha, March 22 (QNA) - Qatar Islamic Bank (QIB) said that it has been named Best Islamic Financial Institution in Qatar and the GCC by Global Finance for the year 2017. The bank added, these awards recognize the impressive progress QIB has made in establishing itself as a leading banking institution in the GCC while cementing its leadership in Qatar, its home market. The Global Finance magazine, headquartered in New York, is a reputable source for developments in the financial industry. Focusing on global and emerging markets, every year it releases a list of the Best Islamic Finance Institutions in the World. To select the winners, the editorial team of Global Finance confers with industry experts, assesses financial performance metrics, and factors in additional criteria such as a banks reputation and customers satisfaction. The objective of this yearly assessment is to identify those institutions which consistently meet their customers' needs while promoting further the development of Islamic finance. Commenting on the awards, Group CEO of QIB Bassel Gamal stated, "Recognition from prestigious entities such as Global Finance is a testament to QIBs leading position in the region. Our commitment to meet our shareholders and customers expectations is what drives our efforts to continuously offer tailor-made Sharia Compliant products and services and high quality service to all our customer segments - individuals, government entities, large corporates and SMEs." QIB has demonstrated steady financial growth for the past four years and has been setting a benchmark for Islamic Banks in the region with its embrace of cutting-edge banking technologies, and its customer- centric approach to both its product offering and the overall banking experience offered through its renovated branch network and constantly developing digital channels. (QNA)