- Type: Sharia-compliant bank serving retail, corporate and investment clients
- Listing: Public shareholding company in Qatar
- Ownership snapshot: Largest shareholder is Qatar Holding of the Qatar Investment Authority
- Credit ratings: Strong external ratings with Stable outlook from leading agencies
- Core products: Current and savings accounts, cards, personal and home finance, corporate banking, trade services, sukuk and investments
- Digital banking: QIB Mobile and online banking for transfers, bill pay and card controls
- How to apply: Qatar ID, passport and employer letter may be required depending on product
- Fees: Check the schedule of charges for account, card and finance fees
- Help and locations: Use the branch and ATM locator on the official site
- Contact: +974 440 20888 • info@qib.com.qa • Hours 7:15 am to 2:30 pm
Qatar Islamic Bank (QIB) is a Sharia-compliant bank in Qatar. It serves retail, corporate, and investment clients. QIB reports as a public shareholding company and publishes audited results.
Ownership
QIB is publicly listed. The largest shareholder is Qatar Holding, part of the Qatar Investment Authority. Local institutions and individual investors hold other shares.
Credit ratings
Independent agencies rate QIB in the A range with a Stable outlook. See the latest Fitch, Moody’s, and Capital Intelligence pages for current details.
Where QIB fits in Qatar
Qatar offers both conventional and Islamic banks. The Islamic set commonly includes QIB, QIIB, Masraf Al Rayan, and Dukhan Bank. Compare fees, digital features, and ratings before you choose.
Products and services
- Accounts and cards
Current and savings accounts, debit and credit cards that follow Sharia rules. - Personal finance
Home and car finance using Islamic contracts. Check eligibility, profit rates, and fees on the official site. - Corporate and SME
Working capital, trade services, cash management, and payroll solutions. - Investments and sukuk
Structured solutions that follow Sharia guidelines. Review risk, tenor, and fees before you apply.
Digital banking
QIB Mobile and online banking cover daily tasks. You can view balances, pay bills, transfer funds, and manage cards. Use official app stores to download the QIB app. Keep your device updated and use two-factor login.
How to open an account
Bring your Qatar ID, passport, and employer letter if required. Some accounts list a minimum salary or a first deposit. Terms vary by product. Check the latest checklist on QIB’s site or visit a branch.
Fees & Charges
Refer to the schedule of charges on the official website. Look for fees on remittances, cards, account maintenance, and early settlement for finance.
Contact
- Phone: +974 440 20888
- Hours: 7:15 am to 2:30 pm (check Ramadan hours)
- Email: info@qib.com.qa
- Use the branch locator and ATM map on the official site.
FAQs
A: QIB is a public shareholding company. Qatar Holding of the Qatar Investment Authority is the largest shareholder. Qatari institutions and individual investors hold other shares.
A: “Best” depends on your needs. Compare fees, digital features, branch access, and independent ratings. QIB holds strong external ratings. Check each bank’s current terms before you decide. See our roundup in Top Banks in Qatar 2025.
A: Commercial Bank of Qatar lists a minimum salary for some accounts. Many readers quote QAR 4,000 for a basic current account. Always confirm the latest figure with CBQ.
A: The main Islamic banks are QIB, QIIB, Masraf Al Rayan, and Dukhan Bank. Check Qatar Central Bank and bank websites for updates.
Cost and terms disclaimer
Figures, limits, and fees change during the year. Treat examples as general guidance only. Confirm all details on QIB’s official pages before you apply.
Conclusion
Qatar Islamic Bank suits customers who want Sharia-compliant banking with solid digital tools. Compare its accounts and fees with peers in Top Banks in Qatar 2025. Planning a business move, Study permits, and incentives in Invest in Qatar. Review eligibility, documents, and charges on QIB’s official pages before you decide.
DISCLAIMER:
This blog post is for informational purposes only. We make every effort to provide accurate, current, and well-sourced information, but we cannot guarantee its completeness or absolute accuracy.
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Author
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Owais Qarni is the cofounder and author at Qatariscoop. A Dreamer, Explorer And Optimist! His work focuses on creating informative and engaging content, offering fresh perspectives on topics relevant to both local and global audiences.
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