Qatar Islamic Bank QPSC (QIB) News - Mubasher Info
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28 February 03:42 PM

Qatar Islamic Bank QPSC (QIBK)

Last update: 26 February 01:13 PM market time.
24.00
-0.87
-3.54%
Open 24.79
Previous Close 24.57
High 24.79
Low 23.70
Stock Statistics
Volume 3,888,166
Turnover 93,309,447.87
All data are 15 minutes late during market session

News

QIB's funding profile is more balanced in the current time
26 March 2019 04:01 PM S&P affirms QIB’s rating, ‘Stable’ Outlook
Mubasher: The global credit rating agency Standard & Poor’s (S&P) has affirmed Qatar Islamic Bank’s (QIB) issuer credit rating at ‘A-/A-2’, with a Stable Outlook.  “The rating reflects our views of the bank’s robust corporate banking franchise and …
Ratings
Asian investors made up 46% of the sukuk issue
20 March 2019 11:05 AM Qatar Islamic Bank completes $750mn sukuk issuance
Mubasher: Qatar Islamic Bank (QIB) on Wednesday announced the completion of issuing a $750 million five-year sukuk. Sukuk was priced at par with a profit rate of 3.982% and the order book was closed at $3.1 billion, representing 4.1 times …
Banking and Finance
QIB targets a five-year senior unsecured sukuk sale
12 March 2019 04:04 PM Qatar Islamic Bank hires 6 banks for dollar sukuk issue
Mubasher: Qatar Islamic Bank (QIB) appointed six local and international banks as joint lead managers and joint bookrunners ahead of its potential US dollar-denominated sukuk issue, the Qatari lender said in a statement to the Qatar Stock Exchange …
Sukuk and Islamic Finance
Islamic banks made up 25.2% of the total assets of commercial banks in Qatar
4 March 2019 02:50 PM Qatar’s Islamic bank assets drop 1.8% in January
Mubasher: Assets of Islamic banks operating in Qatar fell 1.84% year-on-year in January, according to the monthly monetary bulletin released by the Qatar Central Bank (QCB). Qatari Islamic banks’ assets amounted to QAR 347.49 billion ($95.48 …
Banking and Finance
QIB last reported a 19.01% year-on-year profit increase in the fourth quarter of 2018
21 February 2019 00:23 PM QIB nods to QAR 5/shr dividends for 2018
Mubasher: Qatar Islamic Bank (QIB) on Thursday announced that its shareholders had approved a 50% cash dividend distribution at QAR 5 per share for the full fiscal year of 2018 during an assembly general meeting (AGM) held in the previous day. The …
Board of Directors
23 January 2019 03:51 PM 6 Qatari banks among world’s top 500 valuable brands
Six Qatari banks have been ranked among the top 500 valuable lenders in terms of market capitalisation.
Global Reports
Six Qatari banks have been ranked among the top 500 valuable lenders in terms of market capitalisation, according to the Banker’s Brand Finance Global 500 2019 report.
23 January 2019 03:21 PM 6 Qatari banks among world’s top 500 valuable brands
By: Eman Ghali  Mubasher: Six Qatari banks have been ranked among the top 500 valuable lenders in terms of market capitalisation, according to the Banker’s Brand Finance Global 500 2019 report. Qatar National Bank (QNB) retained its 61st ranking …
Banking and Finance
Qatar Islamic Bank (QIB) on Wednesday reported a 19.01% year-on-year increase in profits in the fourth quarter of 2018
16 January 2019 05:42 PM Qatar Islamic Bank’s profit grows 19% in Q4-18
Mubasher: Qatar Islamic Bank (QIB) on Wednesday reported a 19.01% year-on-year increase in profits in the fourth quarter of 2018 and recommended the distribution of cash dividends at 50% of the share’s nominal value at QAR 5 per share. Net profits …
Cash Dividends
11 December 2018 11:41 AM S&P affirms QIB rating at ‘A-‘; outlook ‘Stable’
The rating reflects the bank’s robust corporate banking franchise
Global Economy
Lenders’ profits amounted to QAR 6.14 billion ($1.70 billion) in Q3-18
31 October 2018 00:37 PM QSE banking sector’s profit rises 9% in Q3 – Survey
By: Eman Ghaly Mubasher: Profits of the banks listed on the Qatar Stock Exchange (QSE) increased 9% year-on-year during the third quarter of 2018, according to Mubasher’s statistics. Lenders’ profits amounted to QAR 6.14 billion ($1.70 billion) in …
Banking and Finance
EPS amounted to QR 8.49 for the three-month period ended September
17 October 2018 02:54 PM QIB’s profit hikes 13% in Q3
Mubasher: Qatar Islamic Bank (QIB) on Wednesday reported a 13% year-on-year increase in profits for the third quarter of 2018. Net profits amounted to QAR 2 billion in Q3-18, compared to QAR 1.77 billion in Q3-17, according to a filing to the …
Financial Results
Deposits of Islamic banks amounted to QAR 212.3 billion by the end of August
3 October 2018 02:38 PM Assets of Qatar’s Islamic banks hit $97bn in August
By: Eman Ghaly Mubasher: Assets of Islamic banks operating in Qatar rose 0.5% month-on-month to QAR 351.2 billion ($97 billion) in August, compared to QAR 349.3 billion ($96.8 billion) in July. By the end of August, assets of the Qatari Islamic …
Central Banks
Net profits amounted to QAR 5.72 billion during Q2-18
31 July 2018 00:50 PM QSE banking sector profit hits QAR 5.72bn in Q2 – Survey
By: Eman Ghaly Mubasher: The financial statements of the nine banks listed on the Qatar Stock Exchange (QSE) showed a 4.03% year-on-year increase in their profits for the second quarter of 2018. Net profits amounted to QAR 5.72 billion ($1.57 …
Banking and Finance
The rating reflects QIB's adequate capital buffers
22 July 2018 10:13 AM Moody’s affirms QIB’s rating at ‘A1’, outlook ‘stable’
Mubasher: Qatar Islamic Bank (QIB) on Sunday revealed that Moody’s Investors Service had affirmed its deposit rating at “A1” with a “Stable” outlook. The rating reflects the bank's adequate capital buffers, good profitability, and limited market …
Ratings
17 July 2018 00:59 PM QIB’s Q2 profit grows 14.7%, above expectations – QNB
Mubasher: Qatar National Bank (QNB) Financial Services on Tuesday announced that Qatar Islamic Bank’s (QIB) profits went up against analysts’ expectations of 11% for the second quarter of 2018. QIB’s net profits grew 14.7% to QAR 704.75 million in …
Ratings
The ten banks include QNB, Doha Bank, Barwa Bank and QIIB
16 July 2018 05:09 PM Moody’s changes outlook on 10 Qatari banks to ‘Stable’
Mubasher: Moody's Investors Service (Moody's) on Monday announced that it has confirmed the long-term deposit and issuer ratings of ten Qatari banks, in addition to the senior unsecured and subordinated debt ratings of their affiliated entities. …
Ratings
Net profits amounted to QAR 704.75m in Q2-18
15 July 2018 05:02 PM QIB’s profit jumps 15% in Q2
Mubasher: Qatar Islamic Bank (QIB) on Sunday posted a 14.7% year-on-year increase in its net profits for the second quarter of 2018. The lender's net profits amounted to QAR 704.75 million in the period between April to June, compared to QAR …
Financial Results
The agency has also affirmed the Qatari lender's IDR at 'AA-'
24 June 2018 05:27 PM Fitch upgrades QIB’s outlook to stable from negative
Mubasher: Qatar Islamic Bank (QIB) on Sunday announced that Fitch Ratings has upgraded the bank's outlook to stable from negative. The agency has also affirmed the Qatari lender's Long-term Issuer Default Ratings (IDR) at 'AA-', according to a …
Ratings
QPAY will offer a portfolio of electronic payment solutions
29 May 2018 11:45 AM QIB, QPAY launch 1st Islamic PoS in Qatar
Mubasher: Qatar Islamic Bank (QIB) has inked an agreement with Qatar's largest fintech company QPAY International for launching the first Islamic point of sale (PoS) solution in the GCC nation. According to the deal, QPAY will offer a portfolio of …
Macroeconomics
QIB currently has 30 branches
2 May 2018 02:54 PM QIB opens new unit in Tawar Mall
Mubasher: Qatar Islamic Bank (QIB) announced that it has inaugurated a new branch in Tawar Mall, according to a bourse filing on Wednesday. QIB’s new unit will be open from Saturday to Thursday with working hours from 9 am until 2:30 pm, and from …
Banking and Finance
Assets levelled up 6% to QAR 2.65 billion
16 April 2018 11:43 AM QIB logs QAR 172m profit in QI-18
Mubasher: Qatar Islamic Bank (QIB) on Monday posted a 12.6% year-on-year rise in its profits for the first three months of 2018. Profits amounted to QAR 625.2 million in Q1-18, up from QAR 555.3 million in the same quarter a year earlier, …
Financial Results
The rating reflected QIB's generally strong financial profile
15 April 2018 09:23 AM Capital Intelligence affirms QIB rating at “A”, outlook 'stable'
Mubasher: Capital Intelligence (CI) has affirmed Qatar Islamic Bank’s (QIB) financial strength rating (FSR) at “A” with a stable outlook. The international credit rating agency also affirmed the Qatar-based bank's long- and short-term foreign …
Ratings
12 April 2018 00:20 PM Fitch affirms QIB rating at 'A'; Outlook Negative
Mubasher: Fitch Ratings has affirmed Qatar Islamic Bank’s (QIB) long-term issuer default rating (IDR) at 'A', with a Negative Outlook. The rating reflected the bank’s robust and well-established franchise in Qatar, as QIB acquired around 10% of …
Ratings
S&P affirms Qatari QIB’s rating at ‘A-‘
5 April 2018 09:45 AM S&P affirms Qatari QIB’s rating at 'A-'
Mubasher: Standard & Poor’s (S&P) has affirmed Qatar Islamic Bank’s (QIB) rating at 'A-', . Our strong capital and being the second largest bank in Qatar has led to the affirmation made by S&P, the bank said in a bourse statement. “The rating …
Ratings
QIB will increase the limit of dollar-denominated sukuk programme to a maximum of $4 billion
22 February 2018 11:48 AM QIB OKs distributing QAR0.5/shr dividends for 2017
Mubasher: Qatar Islamic Bank (QIB) on Thursday announced that the ordinary general assembly and the extraordinary general assembly approved distributing a cash dividend of 50% of the nominal value of share capital, equalling QAR 0.5 per share for …
Sukuk and Islamic Finance