Tuesday 27 September 2016
 
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QIB

Qatari banks QIB, Masraf post Q2 profit rise

Qatar's two largest sharia-compliant banks, Qatar Islamic Bank (QIB) and Masraf Al Rayan, reported better than expected increases in second-quarter net profit on Monday. The results, coming after the profit jump at Qatar Natio

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QIB, Jaidah Equipment partner to support SMEs

Qatar Islamic Bank (QIB) has signed a strategic partnership deal with Doha-based Jaidah Equipment to support small and medium enterprises (SMEs) with a collection of products and services designed specifically for the sector. Unde

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QIB Q4 net profit jumps 14.6pc

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, beat the average forecast of analysts as it reported a 14.6 percent jump in fourth-quarter net profit on Tuesday, according to Reuters calculations.

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QIB plans roadshow for possible sukuk issue

Qatar Islamic Bank will hold investor meetings in Asia, the Middle East and Europe starting on October 16 for a possible benchmark offer of US dollar-denominated Regulation S senior sukuk, leads said on Wednesday.  

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Qatar Islamic Q2 net profit jumps 27pc

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, beat the average forecast of analysts as it reported a 27 per cent jump in second-quarter net profit on Tuesday, according to Reuters calculations.

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Qatar Islamic Bank Q4 profit up 30pc

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 30.4 per cent jump in fourth-quarter net profit on Sunday, according to Reuters calculations, beating analyst forecasts. QIB made

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Turkey's Bank Asya ends exclusivity deal with QIB

Turkish Islamic lender Bank Asya said an exclusive deal with Qatar Islamic Bank (QIB) to acquire a stake in the Turkish lender was annulled, opening the way for alternative suitors. Bank Asya attempted earlier this year to form a partne

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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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Qinvest, QIB launch Islamic funds

Doha-based QInvest and Qatar Islamic Bank have jointly launched a range of multi-manager funds, as the investment firm forges closer ties with its largest shareholder. The three sharia-compliant funds are part of broader plans to

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Qatar Islamic Bank Q4 net more than triples

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, more than tripled its fourth-quarter net profit, beating analysts' expectations, as it continued to benefit from high loan growth in the country.

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