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Qatar Islamic rules out 2013 sukuk issuesQatar 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; More… |
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QIB plans 5-year benchmark sukuk; pricing this weekQatar 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 More… |
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Qatar Islamic Bank Q4 earnings slip 33pcQatar Islamic Bank (QIB), the country's second largest lender by market value, posted a 32.6 percent dip in fourth-quarter net profit on Wednesday, missing analysts' forecasts. QIB made a net profit of 265 million riyals ($72.8 million), a More… |
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QIB unveils funds scheme for small firmsQatar Islamic Bank (QIB), the largest Islamic bank in Qatar, has launched a new banking programme for micro-enterprises. The programme aims to provide innovative finance solutions that cater to the needs of smaller start-ups and to empower More… |
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Qatar out of Bank Muamalat stake sale say sourcesAttempts by Gulf shareholders to sell a majority stake sale in Indonesian Islamic lender PT Bank Muamalat have hit a snag after frontrunner Qatar Islamic Bank pulled out of the bidding process, sources said. Top shareholders of Indonesia's More… |
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Doha Festival City work to start next monthConstruction for the state-of-the-art Dh6 billion ($1.633 billion) Doha Festival City will begin next month following the appointment of the project’s managers, architects and engineers. The 433,847 sq m entertainment, retail, hospitality More… |
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QIB eyes Islamic units of conventional banksQatar Islamic Bank (QIB) may snap up the Islamic banking assets of conventional lenders in Qatar, who are facing a central bank order to shut their Islamic operations, a top executive said on Tuesday. Qatar's central bank this week told co More… |
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QIB Q4 net profit jumps to $108mQatar Islamic Bank (QIB) posted a 22.5 percent jump in fourth-quarter profit on Wednesday, according to Reuters calculations, beating analysts' average expectations. Qatar's second-largest lender by market value ear More… |
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QIB unit eyes UK mid-cap lending spreeThe UK unit of Qatar Islamic Bank (QIB) has unveiled a new lending strategy targeting small to medium-sized British companies with limited access to conventional sources of credit, the company said. "We are seeing quite a big opportunity i More… |
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QIB, MasterCard in premium card tie-upQatar Islamic Bank (QIB), Qatar’s first Islamic bank, and MasterCard, a global payment solutions provider, have teamed up to offer a five-year premium debit MasterCard. The strategic agreement, Initiated to provide added value to QIB’s pre More… |
