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Doha Bank 15 March 1979 [3] qa.dohabank.com: Commercial Bank of Qatar: CBQ 10 April 1975 [4] cbq.qa: Qatar International Islamic Bank QIIB 1991 [5] qiib.com.qa: Qatar Islamic Bank: QIB 1982 qib.com.qa: Qatar Development Bank: QDB 1997 qdb.qa: Ahlibank: 1983 ahlibank.com.qa: Masraf Al Rayan MAR January 2006 [6] alrayan.com: Dukhan Bank 1: 8 ...
Its products and operations are supervised by a Shari’a board, which ensures that the bank adheres to Islamic banking and finance principles. It is the country's largest Shari’a-compliant lender. As of 2019 QIB was the largest Islamic bank in Qatar, with a 43% share of the Islamic sector and an 11% share of the banking market overall.
Today Arab banks are among the most pioneering in Developing countries, and some are competitors to major international banks. A new system of banking has also been introduced by the Arab World , to suit its Islamic laws regarding the creation of wealth, thus Islamic banks were created.
HSBC is located inside a state-of-the-art post office (the second largest in Qatar). The QNB branch, established in 1974, was one of the bank's first branches inaugurated outside the confines of Doha. [53] Adjacent to the shopping centre is a large souq or market known as Souq Mesaieed.
Al-Amanah Islamic Investment Bank of the Philippines, Zamboanga City, Philippines Al-Arafah Islami Bank Limited , Dhaka, Bangladesh Alawwal Bank , Riyadh, Saudi
Founded as the Bank of Oman in 1967, it now offers online banking and e-commerce. [ 5 ] [ 6 ] Mashreq has 16 overseas offices in 13 countries, with corporate banking businesses in Bahrain , Qatar , Kuwait , and India , as well as corporate and retail banking in Egypt and foreign exchange businesses in Bangladesh , Pakistan , and Nepal .
The Qatar Investment Authority (QIA; Arabic: جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. [2] The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In November 2024, the QIA had an estimated $526 billion of assets under management. [3]
The bank installed its first ATMs in 1988 in its Doha branches, and, in the next year, introduced VISA cards for its clients. [5] In 2013, QNB acquired Egypt's then-largest private-sector bank, National Société Générale Bank, from Société Générale, and rebranded it QNB Al Ahli. [6] By 2015, it had established 76 branches in Qatar. [5]