Qatar Chamber, Wednesday October 4, 2023
The Qatar Chamber (QC) and the Qatar International Islamic Bank (QIIB) have recently signed an agreement to support the ninth edition of the ‘Made in Qatar 2023’ Exhibition as a service sector sponsor.
The agreement was signed on Wednesday October 4 by Saleh bin Hamad al-Sharqi, General Manager of Qatar Chamber and Chairperson of the Exhibition’s Technical Committee, and Dr Abdulbasit Ahmed Al Shaibei, QIIB’s CEO, at the Chamber’s headquarters.
Also present at the ceremony were attended by Khaled Khalifa Al-Rabban, Head of Banking Services for Gov. & Semi Gov. Sector, and Khaled Al-Shaibi, Head of Business Development at the bank.
Held under the patronage of the Amir HH Sheikh Tamim bin Hamad Al Thani, the ‘Made in Qatar’ exhibition is organised by the Qatar Chamber in cooperation with the Ministry of Commerce & Industry (MoCI) from November 29 to December 2 at the Doha Exhibition and Convention Centre (DECC).
On this occasion, Saleh al-Sharqi expressed his thanking to the bank for supporting the exhibition, stressing that this sponsorship reflected its interest to supporting the national industry and products.
He praised the QIIB’s vital role in Qatar, as one of the most leading Islamic banks in the State, noting that it offers many Islamic solutions and services for its customers and companies.
Al-Sharqi also emphasized the exhibition’s role in promoting the national industry and fostering communication among businessmen and entrepreneurs in the industrial sector.
He expressed hope that the exhibition would significantly contribute to the further development of the industrial sector, showcasing Qatar’s most prominent industries and products, ultimately reducing reliance on imports.
Commenting on the sponsorship agreement, Dr Abdulbasit Al Shaibei, QIIB’s CEO, said: “We are pleased to support the ‘Made in Qatar Exhibition’. The bank’s strategy has long been focusing on the local market and engaging with local partners”.
Al Shaibei also underscored the bank’s keenness to be part of the expo’s regional and global success and excellence, especially since it comes following the outstanding success Qatar achieved by hosting the FIFA World Cup 2022, which captured the world’s attention to Qatar and highlighted Qatar’s advanced facilities, sophisticated infrastructure, exceptional organizational skills, and warm hospitality.
QIIB was established in 1990 by as a full-service bank committed to Sharia principles, by virtue of an Amiri Decree, and launched the relevant activities in 1991 with one branch in Musherib Street, in the Capital of Qatar, Doha.
Currently, QIIB works through a network of 19 branches. It offers several banking services to its customers, through electronic channels.
QIIB emphasizes in its strategy on offering Sharia-compliant, comprehensive, and innovative solutions to corporate and personal clients, while ensuring the provision of banking services through the bank according to the best world acknowledged standards.
QIIB could maintain a stable growth in different items of its balance sheet, thanks to the wise strategy it has been following, particularly in terms of risks.
QIIB contributes effectively to different development programs in the State of Qatar, by funding many of the large projects, especially the significant infrastructure projects; and the Bank gives exceptional attention to SMEs as well, having recently established a special department for such enterprises, since large scale development of this sector requires specific support for these enterprises.
QIIB’s scope of services covers various banking activities, deposits, consumer finance, credit cards, safe deposit lockers, investment services, money transfers, currency exchange etc. The Bank offers as well to its corporate and personal clients different services related to deposit, investment and investment alternatives, based on Sharia principles, in addition to the international commercial transfers services to exporters and importers. The Bank has a wide global network of correspondents, through which it can fulfil its customers’ needs in different parts of the world.
QIIB is committed to its social responsibilities, whereas it continuously supports the non-profit community activities, whether cultural, social, charitable, sport, educational, or other activities, since the QIIB considers its support to such activities an ethical and social obligation.