Qatar International Islamic Bank QPSC (QIIK)

Mubasher: Kuwait International Bank (KIB) was chosen to manage for Qatar International Islamic Bank’s (QIIB) Sukuk issuance, the first of its kind in Qatar, according to the Kuwaiti lender’s press release. KIB will manage QIIB’s $300 million …

Mubasher: Fitch Ratings had affirmed the long-term issuer default rating (IDR) of Qatar International Islamic Bank (QIIB) at ‘A’, with a stable outlook. The international rating agency also affirmed the bank’s viability rating (VR) at 'bb+', …

Mubasher: Qatar International Islamic Bank (QIIB) on Tuesday listed its $500 million sukuk on the London Stock Exchange (LSE). The offering was oversubscribed about seven times, with a total value of $3.4 billion, carrying a fixed coupon of 4.264% …

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 …

Mubasher: Qatar International Islamic Bank (QIIB) on Wednesday announced issuing $500 million sukuk as part of its $2 billion sukuk programme. The offering was oversubscribed six times, mainly from investors outside the Middle East, with a total …

Mubasher: Qatar International Islamic Bank (QIIB) on Monday announced starting a roadshow for meeting investors in the UK and East Asian countries as part of its previously-established sukuk programme. QIIB mandated Khaleeji Commercial …

Mubasher: Qatar International Islamic Bank (QIIB) posted an 11% year-on-year profit increase for the fourth quarter of 2018. Net profits amounted to QAR 147 million in Q4-18, from QAR 132 million in Q4-17, according to the bank’s statement to the …

Mubasher: Three Qatari banks announced plans to finance the subscribers to the initial public offering (IPO) of Qatar Aluminium Manufacturing Company (Qamco).  The three banks are Qatar National Bank (QNB), Qatar International Islamic Bank (QIIB) …

Mubasher: Qatar International Islamic Bank (QIIB) posted a 5% year-on-year profit increase for the third quarter of 2018. Net profits amounted to QAR 735 million in Q3-18, from QAR 700 million in Q3-17, according to the bank’s statement to the …

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 …

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 …

Mubasher: Qatar International Islamic Bank’s (QIIB) investments jumped 28.1% to QAR 15.4 billion ($4.25 billion) by the end of first half of 2018, CEO Abdulbasit Al Shaibei said. QIIB’s total revenues increased by 14.7% to QAR 1.04 billion in …

Mubasher: Qatar International Islamic Bank (QIIB) on Tuesday announced that Moody’s Investors Services (Moody’s) has confirmed its rating at “A2” with a “Stable” outlook. The international rating agency based its rating on the bank’s 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. …

Mubasher: Qatar International Islamic Bank (QIIB) on Thursday announced that Fitch Ratings has affirmed its long-term issuer default rating (IDR) at “A” with stable outlook. The rating reflects Qatar’s strong economy, according to QIIB’s recent …

Mubasher: Qatar International Islamic Bank (QIIB) on Tuesday announced that its extraordinary general assembly had approved amending the provisions of the Articles of Association in a bid to comply with the Corporate Governance Law, in addition to …

Mubasher: Qatar International Islamic Bank (QIIB) announced that its profits jumped 7.1% year-on-year for the first quarter of 2018. Profits amounted to QAR 253.2 million in Q1-18, up from QAR 236.5 million in the same quarter a year earlier, …

Mubasher: Qatar International Islamic Bank (QIIB) on Sunday said that Fitch Ratings and Capital Intelligence (CI) have affirmed QIIB’s long-Term Foreign-Currency Issuer Default Rating (IDR) at “A”. The ratings highlighted the strong financial …

Mubasher: The CEO of Qatar International Islamic Bank (QIIB) said that the second tranche of the mudarabah sukuk will be issued at a total value between $400 to 500 million. Abdulbasit Al Shaibei added that the decision comes after studying …

Mubasher: The ordinary general meeting (OGM) of Qatar International Islamic Bank (QIIB) has approved the board’s recommendation to distribute 40% of capital as a cash dividend for fiscal year 2017. The Qatar-listed bank will pay QAR 4 per share to …

Mubasher: Qatar Development Bank (QDB) on Monday announced renewing its agreement with Qatar International Islamic Bank (QIIB) for the Al Dhameen programme portfolio, which enhances the expansion of financing for small and medium enterprises …

Mubasher: Qatar International Islamic Bank (QIIK) on Wednesday reported a 11.6% year-on-year increase in its profits during the fourth quarter of 2017. Qatar's third largest listed Islamic bank by assets made profits of QAR 132.1 million ($36.3 …

Mubasher: Sheikh Dr Khalid bin Thani, Chairman of the Board of Directors and Managing Director Qatar International Islamic Bank (QIIB), inaugurated the headquarters of Umnia Bank in Morocco. Umnia Bank is a joint venture of QIIB, Moroccan lender …

Mubasher: Qatar International Islamic Bank (QIIB) on Wednesday announced that it established a $2 billion trust certificate issuance programme. The Programme has been approved by the UK Financial Conduct Authority (FCA) and is expected to be …

Mubasher: Moody's Investors Service on Monday announced that it assigned the rating of provisional (P)A2 senior unsecured long term, in both foreign and local currency, to Qatar International Islamic Bank’s (QIIB) $2 billion trust certificates …