(MENAFN- Gulf Times) Qatar Islamic Bank (QIB) has bagged the 'Best Islamic Bank in Qatar at the 2019 edition of World Union of Arab Bankers (WUAB) awards, instituted by The Banking Executive Magazine.
Senior bankers and decision makers from finance, government, regulatory bodies, and businesses across the Middle East and North Africa region gathered to recognise institutional best practices and outstanding achievements in 2018.
This was the WUAB's fifth annual ceremony for Arab banking excellence and achievements, which is an umbrella group for more than 500 bankers in the Arab region and around the world.
"This award reflects genuine affiliation with bodies that work to bring together the Arab region's financial institutions and to elevate the standards of banking and financial practices to cement the region's reputation as a major hub for international financial markets, said Bassel Gamal, QIB group chief executive.
QIB's growth strategy is built on its position as a leading bank with deeply rooted customer relationships and strong engagement with the local communities. Its strategy is closely tied with the Qatar National Vision 2030 and the government's commitment to investments in the country's infrastructure, the diversification of the economy and the development of a strong private sector.
"We have been consistently outperforming the market, strengthening our relationship with our customers and providing our shareholders with outstanding results. This has placed us at the forefront of finance and banking in Qatar and beyond, Gamal said.
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