Qatar Islamic Bank (QIB)

QIB unveils new Shari’ah-compliant investment product

Themar, Qatar Islamic Bank (QIB)’s new product, is going to let clients to invest regularly, or with several lump sums, into the Sukuk market and Islamic financial institutions stocks around the globe.
Themar has two modes of subscription for its customers.
In the first place is the monthly investment which allows clients a second choise: a maturity term of two, five or eight years with a minimum monthly subscription of QAR 2,000 ($549.2).
Second, there is the one-off investment that requires a single lump sum from the customer with a minimum investment of QR 40,000 ($10,984).

Qatar's QIB may buy Islamic bank units following central bank order

Ahmed Meshari, acting CEO of Qatar Islamic Bank (QIB) has said the lender is interested in buying the Islamic banking assets of conventional lenders in the Gulf country, who have been instructed by the central bank to close down their Islamic operations.

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