(MENAFN- The Peninsula) The Peninsula
Doha: Qatar Islamic Bank (QIB) has been recognised as the 'Best Islamic Bank in Qatar' by Islamic Finance News (IFN), the world's leading Islamic finance publication and news provider.
The bank has also received two distinguished recognitions, as 'Most Innovative Bank in Qatar' and 'Best Retail Bank in Qatar' during the IFN award ceremony held in Dubai in the presence of QIB's senior management and the awards were received by the Chief Strategy and Digital Officer at QIB
Constantinos Constantinides.
QIB achieved the recognition through record number of readers' votes at the 18th annual edition of IFN's Best Banks Poll.
It is the unique barometer for Islamic banking performance in 35 countries and one of the most prestigious accolades in the world of Islamic finance.
Over 38,000 votes were cast by IFN readers this year, making the IFN Best Banks Poll 2022 the largest poll in its 18-year history.
The latest edition introduced five new categories to better illustrate the vibrant Islamic banking landscape in each domestic market. The voting process has also been refined, allowing only local professionals to vote for banks in their respective domestic markets, thereby making the outcome a more accurate and representative reflection of the Islamic banking landscape.
QIB continued to showcase a year of excellence which contributed to maintaining its longstanding position as the largest Islamic bank in Qatar thanks to its exceptional approach to Islamic banking. This had led QIB to invest in award-winning technologies and implement innovation in its Shari'a-compliant offerings.
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