Digital

QIB received the preliminary QFMA approval to perform financial services

QP

QIB Press

Digital Desk

Oct 20, 2019 | 8 Minutes

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Qatar Islamic Bank (QIB) has received the preliminary approval from Qatar Financial Markets Authority (QFMA) to perform financial services activities. Preliminary approval has been granted after the Bank has received a non-objection from Qatar Central Bank. The Bank will conduct these activities through a new wholly owned subsidiary, which is under establishment. All regulatory and operational requirements are being finalized in order to obtain final approvals and licenses.

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