Wednesday 14, May 2008 by

Global recommends ‘buy’ for Qatar Islamic Bank

A new report by Global Investment House, initiating coverage on Qatar Islamic Bank (QIB) says that the bank was incorporated in 1982 as the first Islamic bank in Qatar. The bank operates through 18 local branches and it has international operations in Malaysia, Lebanon, Bahrain, Yemen and UK. The activities of the bank are conducted in accordance with the Islamic Shari’ah principles, as determined by the Shari’ah Committee of the Bank.

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