DOHA: During an event held in Dubai recently, and attended by high level financial and banking institutions, both regionally and internationally, Cambridge IF Analytica, a financial services intelligence house, has chosen QIIB as the “Best Islamic Bank in Qatar” in Retail Services for 2016.
Cambridge IF Analytica is considered a renowned institution in financial services. It offers studies and consultations for the development and use of analytical tools in the evaluation of business data and the assessment of the micro-economy indicators while understanding the market trends, determining the leadership positions, and developing the trademarks for the development of the industry of financial services at world level.
Mr. Jamal Al-Jamal, QIIB Deputy CEO received the award during the ceremony and stated on the occasion,
“Leadership is considered one of the pillars of QIIB business throughout its journey. We are happy to receive such an award from this well-established institution, which declares its awards based on international standards and proper market research”.
He said, “We consider this award as a recognition to QIIB and its efforts in value-driven Shariah-based banking. To tell you the truth, this can be considered an award for Islamic banking in general, which has gained the trust of its customers and fulfilled their needs based on the best international standards, even as it is attracting more customers every year”.
“The distinguished journey of QIIB in different banking portfolios, including retail services will continue. We will build on our successes and further enhance the performance bar. This will help us to meet the increasing needs of our growing customer base, whether individuals or companies. We sincerely believe that the strides we make in Islamic banking, will contribute to the success of the Qatari banking sector in particular and the national economy in general”.
Stating its selection of QIIB as the “Best Islamic Bank in Qatar” in Retail Services for 2016, Cambridge IF Analytica said, “During evaluation, we have relied on a set of standards, including quantitative factors such as profitability, geographic prevalence and business development, in addition to the bank’s reputation and its customers’ satisfaction level”.
Cambridge IF Analytica also confirmed that “QIIB contributed to the growth of Islamic financing, and succeeded in fulfilling the needs of its customers by offering Shariah-compliant products”.