IslamicFinance.de

The stockwas of QIB flat at 77 Qatari rials, as the QE Index fell 1.02 per cent to 8,156.60.
If the planned tie-up between Al Khaliji Commercial Bank and International Bank of Qatar, now called off, would have happened, it would have created different prospects for QIB. Also a potential threat from HSBC Amanah is vanishing.

Abu Dhabi Islamic Bank (ADIB) had arranged a syndicated Dh1.14 billion Islamic financing deal for the Majid Al Futtaim (MAF) Group.
ADIB acted as the initial mandated lead arranger, sole bookrunner, investment bank and security agent bank for the deal. Other banks that participated in the financing deal include Al Khaliji Commercial Bank as mandated lead arranger, Al Hilal Bank, First Gulf Bank and United Arab Bank as lead arrangers and Ajman Bank as arranger.