Friday 29 March 2024
 
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Qatar Islamic Bank

Qatar Islamic to fund $439m for food security project

Qatar Islamic Bank (QIB) has signed a QR1.6 billion ($439.46 million) financing deal with AlJaber Engineering (JEC) to fund the strategic food security facilities and warehouses project at Hamad Port, Qatar. The agreement was sign

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Qatar Islamic to fund $439m for food security project

Qatar Islamic Bank (QIB) has signed a QR1.6 billion ($439.46 million) financing deal with AlJaber Engineering (JEC) to fund the strategic food security facilities and warehouses project at Hamad Port, Qatar. The agreement was sign

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QInvest posts $15m net profit for Q1

QInvest, a leading Islamic financial institution in Qatar, has reported a net profit of QR15 million for the first quarter of the year, as compared to $14 million during the same period last year. The bank generated revenues of QR

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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 raises $550m with Tier 1 sukuk

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, has raised QR2 billion ($550 million) with a Tier 1 perpetual sukuk issue, it said on Wednesday. The sale was completed on Tuesday and was i

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Qatar Islamic Bank raises $550m with Tier 1 sukuk

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, has raised QR2 billion ($550 million) with a Tier 1 perpetual sukuk issue, it said on Wednesday. The sale was completed on Tuesday and was i

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Qatar Islamic Bank approves $1.37bn sukuk

Qatar Islamic Bank , the Gulf state's largest sharia-compliant bank by assets, said on Monday its shareholders had approved the issuance of up to QR5 billion ($1.37 billion) of Tier 1-boosting sukuk. The sale would be in accor

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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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Qatar Islamic ends Turkish bank stake sale talks

Qatar Islamic Bank (QIB) and Turkey's Bank Asya have ended exclusive talks over QIB acquiring a stake in the Turkish lender, four sources close to the matter told Reuters, with valuation concerns said to be behind the decision.

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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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