Digital

QIB reaps rewards of involvement with Al Dhameen at GEW 2012

QP

QIB Press

Digital Desk

Nov 13, 2019 | 8 Minutes

Banner announcing winners of Fifty campaign.

QIB – the leading Islamic bank in Qatar and one of the five largest Islamic Banks in the world – has announced that it received two awards for Al Dhameen programme during the Global Entrepreneurship Week 2012 (GEW 2012) event which took place at Doha’s Crowne Plaza Hotel from November 11 to 17.

In January 2011, QIB signed the Al Dhameen accord with Qatar Development Bank (QDB). Al Dhameen is a finance program for Small and Medium Enterprises (SMEs) designed to support and encourage businesses to start up and thrive.

Recognising the program’s potential, QIB was the first Islamic bank to sign up for the program back in 2011. At the GEW 2012 event, QIB received two awards for two projects out of the ‘Top Five’ projects financed under the Al Dhameem programme which directly involved QIB’s support, direction, and financial backing.

Additionally, Mr Maher Kabbani, Relationship Manager for QIB, was among the ‘Top 10 Relationship Managers’ at the event and he was honored for this.

Mr Ahmad Meshari, the Acting Chief Executive Officer of QIB commented: “QIB is the leading Islamic bank in Qatar and is also at the forefront in its support of the local economy by financing SMEs – which are becoming considered, especially in Qatar, the ‘engine’ of the economy.”

“A significant part of QIB’s overall strategy is to provide Islamic Financing solutions for all its customers whether individuals or corporates reinforcing its role in supporting the fast growing economy of Qatar,” added Mr Meshari.

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