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Qatar International Islamic bank – Banks Qatar

Qatar International Islamic bank – Banks Qatar

Qatar International Islamic Bank (Q.S.C.) engages in banking, financing, and investing activities primarily in Qatar. It accepts various deposit products, including current accounts, savings accounts, and term deposits; provides consumer finance for purchasing automobiles, household goods, residential properties, building materials, and shares; and offers debit cards, credit cards, safe deposit lockers, investment services, money transfers, and foreign exchange services to small and mid-sized businesses. The company also provides corporate finance services, including working capital requirements for inventory and other requirements; fixed assets financing for machinery, equipment, and other fixed assets; construction financing for investment and development real estate projects; long term leases to facilitate real estate acquisition/refinancing; trade finance; and issuance of letters of guarantees and letters of credit, as well as collection and payment services. In addition, it offers investment banking services focusing on equity participation, private equity, investment funds, Sukuk (sharia-compliant bonds), and international finance and syndications. Further, the company provides Internet banking, mobile banking, and phone banking services. It operates through its head office and 13 local branches. The company was incorporated in 1990 and is headquartered in Doha, Qatar.

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