- Business
- Qatar International Islamic Bank (Q.P.S.C) (QIIK.QA) operates as a leading Sharia-compliant financial institution in Qatar, providing comprehensive Islamic banking, financing, and investment solutions to individuals, corporates, SMEs, and government entities. The bank offers a wide range of products and services across its Corporate Banking, Personal Banking, and Treasury & Investments segments, including personal financing, home finance, auto finance, credit cards, savings and investment accounts such as the Joud savings account, corporate financing, trade finance, project finance, treasury services, investment advisory, mobile banking, internet banking, phone banking, and secure safe deposit facilities; it maintains a network of 16 branches and numerous ATMs primarily in Qatar, with headquarters on Grand Hamad Street in Doha. Founded in 1990 under Amiri Decree No. 52, the bank adheres strictly to Islamic principles under Sharia supervision and is listed on the Qatar Stock Exchange. In recent developments, QIIB reported a 5.5% rise in net profit to QR1.098 billion for the first nine months of 2025, alongside a 6% increase in first-quarter 2025 net profit to QR356.35 million; it secured strategic partnerships, including agreements with Visa in 2025 for advisory services on fraud detection, customer acquisition, and card lifecycle management, as well as promotional campaigns and exclusive rewards for Visa cardholders, and a partnership with Al Kass Sports Channels for the FIFA Arab Cup Qatar 2025; the bank also maintains strong credit ratings, such as A2/Prime-1 from Moody's with a stable outlook, and continues digital enhancements for operational efficiency.