QIB named best consumer digital bank in Mideast

Doha [Qatar], October 18: Qatar Islamic Bank (QIB), Qatar's leading digital bank, has received 11 local and regional awards at the Global Finance World's Best Digital Bank Awards 2026, across consumer and corporate digital banking categories. Most notably, QIB has been named Best Consumer Digital Bank in the Middle East 2026.
The recognition reinforces the Bank's leadership in digital banking in Qatar and the Middle East and reflects its continued investment in innovation, customer experience, digital and financingsolutions.
The Best Consumer Digital Bank in the Middle East 2026 award represents a significant regional recognition of QIB's consumer digital banking proposition and its continued focus on delivering innovative, seamless, and customer-centric digital experiences.
In the consumer banking category, QIB was named Overall Best Consumer Digital Bank in Qatar and received the Best Mobile Banking App in Qatar award.
The Bank was also recognized for Best Online Product Offerings in Qatar and the Middle East, Best Precision Credit & Lending in Qatar, and Best in Social Media Marketing & Services in Qatar.
These accolades reflect QIB's continued efforts to provide customers with simple, secure, and integrated digital banking experiences. Today, the award-winning QIB Mobile App offers more than 320 features and services, while 99% of retail financial transactions are completed through self-service channels.
QIB's corporate digital banking capabilities were also recognized with the Best Digital Payments Strategy in Qatar and the Middle East, Most Innovative Digital Bank in Qatar, and Best Mobile Banking App in Qatar awards.
These recognitions highlight QIB's continued investment in digital platforms, payments, merchant solutions, and innovative technologies that enable corporate customers to manage their banking needs more efficiently and securely.
The awards complement QIB's strong financial performance. For the nine-month period ended 30 September 2026, QIB reported a net profit attributable to shareholders of QR3,525.2 million, representing growth of 2% compared to the same period in 2025. Total assets reached QR235.5 billion, representing growth of 9.7% compared to 30 September 2025, while QIB maintained a cost-to-income ratio of 16.2%, the best in the Qatari banking sector.
Bassel Gamal, QIB's Group CEO, commented on the Bank's achievements, stating: "We are pleased to receive 11 prestigious awards from Global Finance across consumer and corporate digital banking. These recognitions reflect the strength of our business and digital strategy at both the individual and corporate levels, as well as our commitment to continuous innovation and delivering meaningful, secure, and seamless experiences that meet our customers' evolving needs.
"I would like to thank our Board of Directors for their continued support, our customers for their trust and loyalty, and our team for their dedication and drive in advancing our digital banking journey."
QIB remains committed to advancing its digital transformation and introducing innovative Shari'a-compliant solutions that enhance customer experience, accessibility, and convenience.
The Bank will continue investing in technology and digital capabilities to meet the evolving needs of its consumer and corporate customers and further strengthen its position as a leading digital bank in Qatar and the region.
Source: Qatar Tribune