Qatar Islamic Bank Wins "Excellence in Banking" Award

Doha, April 07 (QNA) - Qatar Islamic Bank (QIB),the leading Islamic bank has been awarded the title of Excellence in Banking from the International Alternative Investment Review (IAIR). The IAIR Awards is a prize for excellence in global finance, put together by a team of dedicated legal, economic and financial journalists in over 50 countries worldwide. This year's award ceremony was held in Hong Kong, at the prestigious Sheraton Hotel & Towers. QIB won the award for providing innovative Sharia-compliant financial solutions that meet international banking standards, high-end quality services and for the long-term strategic vision of investments adopted at a global level. Over the past year, QIB has won a number of awards including "Best Islamic Bank in Qatar" by Islamic Finance News (IFN), Euromoney, The Asset Magazine, and World Finance, together with "Best Islamic Financial Institution in Qatar" from Global Finance, and "Best Sukuk Deal 2012" also from World Finance. (QNA)