Qatar Islamic Bank (QIB) has been recognized as the “Best Islamic Bank in Qatar” by Islamic Finance News (IFN), the worlds leading Islamic finance publication and news provider.

The Bank has also received two distinguished recognitions, as “Most Innovative Bank in Qatar” and “Best Retail Bank in Qatar” during the IFN award ceremony held in Dubai.

QIB achieved the recognition through record number of readers votes at the 18th annual edition of IFNs Best Banks Poll; the unique barometer for Islamic banking performance in 35 countries and one of the most prestigious accolades in the world of Islamic finance.

Over 38,000 votes were cast by IFN readers this year, making the IFN Best Banks Poll 2022 the largest poll in its 18-year history.

The latest edition introduced five new categories to better illustrate the vibrant Islamic banking landscape in each domestic market.

The voting process has also been refined, allowing only local professionals to vote for banks in their respective domestic markets, thereby making the outcome a more accurate and representative reflection of the Islamic banking landscape.

Commenting on receiving the award, QIBs Group CEO Bassel Gamal said: “We are pleased to be voted by the IFN readers as the Best Islamic Bank in Qatar for the fourth year in a row as well as receiving two additional awards, Best Retail Bank in Qatar, and Most Innovative Bank in Qatar.

This recognition is a testament to our efforts to focus on continuously improving and digitizing the Islamic banking experience we offer our customers. We will continue this customer-centric approach toward developing innovative services and features for each customer segment and enhancing our digital products and services for an even simpler, faster, and always secure banking experience.”

Source: Qatar News Agency