IslamicFinance.de

Fresh off the back of a strong first-half performance to the year, Qatar International Islamic Bank’s Chief Executive Officer and director Abdulbasit Ahmad Al-Shaibei is basking in a bumper era of growth. The bank has seen its profits grow by around 4-17 per cent every year since 2010 and, if the first six months of this year are any indication, 2015 should maintain the positive run. QIIB announced a net profit of 438 million riyals ($120.3 million) for the first half of the year, a 9 per cent increase compared to the same period in 2014. Al-Shaibei is seeing opportunity for further growth in some unconventional places.