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Qatari court rules 'lack of jurisdiction' over QIIB’s case

Qatari court rules 'lack of jurisdiction' over QIIB’s case
Photo Credit: Arabianeye - Reuters
International Islamic
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Doha – Mubasher: Qatar’s court of urgent matters has pronounced that the lawsuit filed against Qatar International Islamic Bank (QIIB) falls outside its jurisdiction, according to the lender’s statement to the Qatari bourse.  

Earlier, Abdallah Almusnid took a legal action against QIIB to suspend the process of voting on the articles of association amendments.

The extraordinary general meeting is scheduled to be held on 7 March or 14 March in case of lack of quorum.