Qatar · Financial institution
Qatar Islamic Bank
Legal name in the LEI recordQATAR ISLAMIC BANK (Q.P.S.C.)
Qatar Islamic Bank (Q.P.S.C.) is a Qatari public shareholding company incorporated on 8 July 1982 under Emiri Decree No. 45 of 1982. Its registered office is in Doha. Its shares are listed on the Qatar Stock Exchange. The Qatar Investment Authority holds 16.36% indirectly, according to the Qatar Central Securities Depository. The bank provides corporate, retail and investment banking under Islamic Shari'ah rules, with 22 branches in Qatar and one branch in Sudan. Its subsidiaries include QIB (UK) and Arab Finance House in Lebanon. It completed a partial sale of QInvest LLC in 2025 and no longer controls it.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- QISBQAQAXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under QISBQAQA directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- QIBSSDKH
- BIC first registered
- 1993-09-06
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Ticker QIBK
Institution type
Islamic bank
Trades as QIB
- Ownership
- The shares are listed on the Qatar Stock Exchange. The Qatar Investment Authority holds 16.36% and Hamad Jassim Jaber Mohammed Al Thani holds 6.50%, both indirectly, as at 28 September 2026.
- Major shareholders
- Qatar Investment Authority (indirect) 16.36% · 28 Sep 2026
Hamad Jassim Jaber Mohammed Al Thani (indirect) 6.5% · 28 Sep 2026 - Stock listing
- Qatar Stock Exchange QIBK
- Head office
- QIB Towers (Tower B), P.O. Box 559, Doha, Qatar (registered office: Qatar Islamic Bank Building, Grand Hammad Street, P.O. Box 559, Doha, Qatar)
- Company register
- CR 8338 (Qatar); incorporated under Emiri Decree No. 45 of 1982
- Name in the local language
- مصرف قطر الاسلامي (ش.م.ق.ع)
Business lines
The bank offers Shari'a-compliant corporate, personal and investment banking in Qatar. Its Financial Institutions Division says it manages relationships with more than 400 correspondent banks in more than 50 countries.
Online
- Websites & references
- qib.com.qa ↗
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗
Sources · 12 pages consulted
- qib.com.qa/en/about-us/senior-management
- qib.com.qa/en/about-us/board-of-directors
- qib.com.qa/-/media/project/qib/files/quarterly-results/en/q2-2026-financial-results.pdf?rev=036d5e06
- edaa.gov.qa/files/REG_MAJOR_SHAREHOLDERS.pdf
- qib.com.qa/en/corporate/corporate-accounts/tiers/financial-institutions
- qib.com.qa/en/about-us/contact-us
- qib.com.qa/en/investorrelations/financial-information/quarterly-results/
- qna.org.qa/en/News-Area/News/2026-6/9/fitch-affirms-qibs-credit-rating-at-a-with-rating-watch-negati
- english.mubasher.info/markets/QE/stocks/QIBK%60S/announcements/1
- dmarketforces.com/fitch-places-8-qatari-banks-on-rating-watch-negative/
- sahmik.com/insights/qatar-islamic-bank-qib-disclosure-formation-of-qib-board-of-directors
- en.wikipedia.org/wiki/Qatar_Islamic_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Bassel Gamal
Group Chief Executive Officer
- Chair
-
Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani
Chairman (Non-Executive & Non-Independent)
- Chief financial officer
-
Gourang Hemani
Chief Financial Officer
- Executive
-
Rakesh Sanghvi
Chief Risk Officer
- Executive
-
Tarek Youssef Fawzi
General Manager – Wholesale Banking Group
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Qatar
- Qatar Central Bank Central bankPrudential supervisorAML supervisor
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The bank reported to the Qatar Stock Exchange that it had completed a partial exit of a 13.75% interest in Damaan Islamic Insurance Company (Beema).
english.mubasher.info ↗ -
Other
Fitch Ratings affirmed the bank's credit rating at 'A' and kept it on Rating Watch Negative.
qna.org.qa ↗ -
Other
Fitch Ratings placed the bank's Long-Term Issuer Default Rating on Rating Watch Negative after a similar action on Qatar's sovereign rating.
dmarketforces.com ↗ -
Leadership
The general assembly elected the board for 2026–2028, which added four new members and re-elected Sheikh Jassim Bin Hamad Al Thani as chairman.
qib.com.qa ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- QISBQAQAXXX
- How the BIC breaks down
- QISBBank
- QACountry · Qatar
- QALocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900CFGPXJI71OHT95
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Qatar · Middle East & North Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Qatar Islamic Bank (Q.P.S.C.) group has 3 institutions in the directory, in 3 countries: all hold a BIC.
Including Qib (UK) PLC.
See the Qatar Islamic Bank (Q.P.S.C.) group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- GRAND HAMAD AVENUE DOHA 559 559 QATAR
- Operational address
- GRAND HAMAD AVENUE DOHA DOHA POB 559 QATAR
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>QISBQAQAXXX</BICFI>
<LEI>254900CFGPXJI71OHT95</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>QISBQAQAXXX</BICFI>
<LEI>254900CFGPXJI71OHT95</LEI>
<Nm>QATAR ISLAMIC BANK</Nm>
<PstlAdr>
<TwnNm>DOHA</TwnNm>
<Ctry>QA</Ctry>
<AdrLine>GRAND HAMAD AVENUE DOHA 559 559</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Claim this profile
Work at Qatar Islamic Bank?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Bassel Gamal: qib.com.qa (official website) · original; Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani: qib.com.qa (official website) · original; Gourang Hemani: qib.com.qa (official website) · original; Rakesh Sanghvi: qib.com.qa (official website) · original; Tarek Youssef Fawzi: qib.com.qa (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo