Sheikh Dr Khalid bin Thani Abdulla al-Thani has been elected as QIIB chairman and managing director by the bank's directors after a meeting of the board of directors in Doha on Monday.

QIIB’s diversification of its investments and financing portfolios to reduce any potential risks has strengthened its position as a leading Qatari bank, said chairman and managing director Sheikh Dr Khalid bin Thani bin Abdullah al-Thani.

QIIB has launched the ‘SWIFT gpi’ payment system, thus becoming the first Islamic bank in Qatar to use the system.

Technology enhancement and promotion of fintech are key priorities for the leading Qatari Islamic bank QIIB, says CEO Dr Abdulbasit Ahmad al-Shaibei.

QIIB has launched its new ‘QIIB Points Portal’, which was developed as part of the bank’s strategic partnership with Mastercard.

Qatar’s prominent Islamic bank QIIB recently welcomed a group of students from the Omani University of Buraimi, as part of an “educational and familiarisation tour”

QIIB has launched its "upgraded version" of the Online Corporate Banking Platform through its website with innovative features that “open wide horizons” for the bank's corporate customers.

QIIB has implemented ‘IBM Safer Payments’ to deliver cross-channel fraud prevention, enabling the leading Qatari Islamic bank customers to bank more securely.

QIIB received the ‘Strongest Islamic Retail Bank’ and the ‘Most Innovative Islamic Retail Bank in Qatar Awards 2019’, which are granted annually by the Islamic Retail Banking

QIIB has posted a half yearly (H1) net profit of QR510.6mn, up 5.5% on the same period in 2018.

QIIB received the ‘2019 award of Best Islamic Bank in the State of Qatar for Products and Financing Solutions’ during the ‘2019 Banking Excellence and Achievement Awards’

QIIB has launched its ‘Contactless Payment Service’ across all its credit and debit cards in line with the latest banking technologies, thus becoming the first Islamic bank in Qatar to offer such a facility.