Saturday 19 April 2014
 
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Qatar Islamic Bank

QIB in talks to buy stake in Turkey bank

Qatar Islamic Bank (QIB) has entered into exclusive discussions to acquire a stake in Turkey's Bank Asya, the Qatari lender said in a statement. "QIB is seeking to finalise the transaction within the next few months, subj

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QIB joins QInvest to launch Islamic funds

Qatar Islamic Bank (QIB) has partnered with leading investment bank QInvest to launch a new range of innovative Shari’a compliant funds. The “Shiraa Funds” are a range of innovative products investing into a sele

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Qatar Islamic Bank profit drops 12.4pc

Qatar Islamic Bank (QIB), the country's fourth-largest lender by market value, reported a 12.4 per cent drop in third-quarter net profit on Sunday, missing analysts' average forecast.   The bank made a ne

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Qatar Islamic rules out 2013 sukuk issues

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before 2014, its chief executive said on Wednesday. "I don't think it will be needed;

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Qatar Islamic Bank Q1 net plunges 25pc

  Qatar Islamic Bank (QIB), the country's second-largest lender by market value, has reported a 25 per cent drop in its first-quarter net profit after booking higher provisions to meet loan loss

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Qatar Islamic Bank names new CEO

Qatar Islamic Bank (QIB), the country's second-largest lender by market value, said it has appointed Bassel Gamal as its new chief executive officer. "He will be responsible for all the companies and institutions affiliat

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Qatar Islamic Bank net profit plunges 50pc

Qatar Islamic Bank (QIB), the country's second-largest lender by market value, said fourth-quarter net profit fell more than 50 percent due to higher provisions. The bank made a net profit of QR110 million ($30.2 million) in the thr

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Qatar Islamic Bank Q3 profit dips

  Qatar Islamic Bank (QIB), the Gulf state's second-largest lender by market value, posted an 3.5 percent drop in third-quarter net profit on Wednesday as a big jump in provisions impacted quarterly earnings. &nb

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QIB plans 5-year benchmark sukuk; pricing this week

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender, is planning to issue a five-year benchmark-sized Islamic bond, or sukuk, this week, arranging banks said on Tuesday. Price guidance for the dollar-den

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QIB unit plans first sukuk-linked note

London-based QIB UK, a subsidiary of Qatar Islamic Bank, plans to launch two structured products this month including a note linked to a Islamic bond (sukuk), its head of asset management told Reuters. It will be the first time in

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