Latest news with #TribuneNewsNetworkDohaQIIB
Qatar Tribune
a day ago
- Business
- Qatar Tribune
QIIB announces prize winners of ‘Joud' Savings account's July 2025 draw
Tribune News Network Doha QIIB has announced the 10 lucky winners of the monthly prizes for its 'Joud' savings account, a unique product that offers customers opportunities to win a variety of cash prizes throughout the year, including monthly, quarterly, and annual draws, with a grand prize of QR1mn. The July 2025 prize draw took place at the QIIB headquarters, in the presence of senior bank officials and a representative from the Ministry of Commerce and Industry. The winners of the QR10,000 prizes for the July 2025 draw are: Nasser Ebrahim Al-Mulla, Mohamed Salem Alfardi, Abdulrahman Mehsin Alyafei, Khalid Abdulla Al Kaabi, Mohammed Abdulrahman Al-Sayed, Hamad Kamaan Alhajri, Fouziah Saleh Hamazeh, Layla Hassen Ashkanani, Faisal Salem Al-Fehaidi, and Waleid Mohammed Al Saadi. It is important to emphasise that the 'Joud' savings account stands out as a competitive product, offering a wide range of benefits to QIIB customers. Among the most attractive features is the chance to win significant cash addition to these opportunities, account holders benefit from quarterly dividends, as well as the flexibility to make deposits and withdrawals based on their needs. The total number of prizes for the 'Joud' savings account from QIIB is 141 throughout the year. This includes the highly anticipated annual grand prize of QR1mn, 20 quarterly prizes (five per quarter) each valued at QR50,000, and 120 monthly prizes (10 per month) each worth QR10,000. Every QIIB customer with a 'Joud' savings account is eligible to participate in these every balance of QR10,000 maintained, customers receive an additional entry into the prize draws conducted throughout the year.
Qatar Tribune
29-07-2025
- Business
- Qatar Tribune
QIIB gets ‘Leadership Award for Sustainable Islamic Finance' in Qatar by Union of Arab Banks
Tribune News Network Doha QIIB has been awarded the 2025 'Leadership Award for Sustainable Islamic Finance' in Qatar by the Union of Arab Banks, in recognition of the bank's pioneering role and ongoing contributions in this field. QIIB Chief of Corporate Sector Omar Abdulaziz Al Meer received the award on the bank's behalf during the Banks Awards and Commendations of Excellence ceremony, recently organised by the Union of Arab Banks in the Lebanese Capital, Beirut. The event was attended by senior officials and prominent representatives from the Arab and international banking and business sectors. The Union of Arab Banks selected QIIB for the award in recognition of its strong sustainability record and its ongoing commitment to integrating leading environmental, social, and governance (ESG) practices into its banking and investment operations. The bank was also commended for its pioneering initiatives in developing products that are in line with the principles of sustainable Islamic finance. On this occasion, QIIB CEO Dr Abdulbasit Ahmad Al Shaibei said, 'We are proud to receive this prestigious award, which affirms our leadership as an Islamic financial institution committed to the principles of sustainable finance. At QIIB, we follow a strategic approach that balances economic growth, environmental preservation, and social responsibility.' He said, 'We extend our sincere thanks to the Union of Arab Banks for this honor, which acknowledges the Bank's ongoing efforts to support the transition toward sustainability. It also reflects our success in integrating sustainability and ESG principles into our operations and future strategies'. Highlighting the bank's long-term vision, he said, 'We believe that sustainable Islamic finance is one of the most important financing models for the future, as it brings together ethical principles, Shariah guidelines, and the goals of sustainable development. It contributes to building a balanced and stable financial system. In fact, we have made significant progress in strengthening ESG practices across our financing and investment activities, and we are systematically working to develop innovative products and services that meet customer aspirations while supporting the national economy.' Al Shaibei further said, 'The bank's receipt of this award reflects the outcomes of carefully planned strategic initiatives introduced by QIIB in recent years, most notably the issuance of its first sustainable sukuk (Oryx) worth $500 million in January 2024. This marked the first issuance of its kind by a Qatari institution and attracted exceptional interest from more than 120 investors worldwide. The sukuk offering followed the launch of our inaugural Sustainable Finance Framework, which aligns with leading international standards and the principles set by the International Capital Market Association (ICMA)'. He said, 'QIIB signed a memorandum of understanding with the Gulf Organisation for Research and Development (GORD) to advance green finance initiatives and promote sustainable building practices. The bank also introduced its Green Auto Finance product for electric and hybrid vehicles, reinforcing its commitment to sustainability and innovation'. The QIIB CEO said, 'The bank will continue to prioritise sustainability and support various initiatives aimed at advancing Islamic banking.' He emphasised receiving the Leadership Award in Sustainable Islamic Finance places an even greater responsibility on us, one that motivates us to keep innovating and to invest in sustainable projects that deliver real, positive impact on the environment and society. This commitment is fully aligned with Qatar National Vision 2030 and the Third Financial Sector Strategic Plan launched by theQatar Central Bank.
Qatar Tribune
20-07-2025
- Business
- Qatar Tribune
QIIB launches Click to Pay with Visa
Tribune News Network Doha QIIB has announced a strategic partnership with Visa, a global leader in digital payments, to roll out the cutting-edge Click to Pay feature with biometric authentication. As one of the first few banks in the GCC to introduce this innovative solution, QIIB underscores its dedication to advancing digital payment solutions in the region. The Click to Pay feature is crafted to revolutionise the online shopping experience for QIIB Visa cardholders by simplifying the checkout process. Through a simple, one-time registration, users can employ a unique identifier, such as their email address or phone number, to swiftly complete transactions with participating merchants. Integrated with Visa's Payment Passkey Service, this solution leverages biometric authentication, eliminating the need for manually entering card details or one-time passcodes. This ensures a faster, more secure online payment process across all internet-enabled devices. Click to Pay utilises secure digital codes, replacing sensitive payment data with encrypted tokens, thereby safeguarding users' financial information and ensuring secure transactions across internet-enabled devices. Visa's passkey technology, built on FIDO authentication standards, offers a robust and user-friendly method to verify identity using fingerprint or facial recognition. This advancement not only enhances security by reducing online fraud but also streamlines the checkout process, providing a seamless user experience. QIIB Head of Business Development Sector Khaled Abdul Rahman Al Shaibei said, 'The introduction of Visa's Click to Pay with biometric authentication highlights our commitment to pioneering digital innovation. Being among the first few issuer banks in the GCC to launch this feature, we are focused on delivering secure, seamless payment solutions for our customers. Our ongoing partnership with Visa enables us to integrate state-of-the-art technologies that enhance convenience while upholding the highest standards of security.' Visa Vice President and General Manager for Qatar and Kuwait Shashank Singh remarked, 'We are delighted to support QIIB in bringing Click to Pay to its customers, ensuring a quicker and more secure digital checkout experience. This collaboration with QIIB aligns perfectly with our mission to enhance security and improve customer experiences, in line with the digital commerce objectives of the Qatar Government.'
Qatar Tribune
12-07-2025
- Business
- Qatar Tribune
QIIB honours group oflong-serving employees
Tribune News Network Doha QIIB honoured a group of long-serving employees who have completed 25 years of service during a special ceremony held at the bank's headquarters, in the presence of QIIB Chief Executive Officer Dr Abdulbasit Ahmed A AlShaibei. AlShaibei presented the honoured employees with certificates of appreciation, in the presence of QIIB Deputy CEO Jamal Abdullah Al Jamal and QIIB Head of Human Resources and Administration Ali Hamad AlMesaifri. This recognition reflects the bank's appreciation for the efforts of employees who, over a quarter of a century, have played a vital role in shaping its journey and driving its achievements. They have been key pillars in the Bank's continued growth and development. The honoured employees are Mohamed Ghasim Mohamed, Hassan Saleh Amoodi, Mahmoud Abdulbaqi Motaqi, Ali Abdullah Saei, Ziad Yousef Abu Dayeh, Ebrahim Abdulrahman Saadat. AlShaibei expressed his deep appreciation to the honoured employees, stating: 'At QIIB, we believe that human capital is the cornerstone of every successful institution. Honouring our colleagues who have dedicated many years of continuous service is the least we can do to small gesture of our deep gratitude for their loyalty, dedication, and pioneering role in supporting the bank's growth and advancing its vision.' He said, 'The employees we honour today have witnessed and contributed to every stage of the Bank's development. They were part of each major milestone we achieved, leaving a clear mark on the performance of the departments they served. Through their accumulated experience, they have also played a key role in mentoring and supporting new generations of employees. We are confident that they will continue, alongside their colleagues, to carry out their duties with the same dedication and team spirit that serve the best interests of all'. He said, 'Appreciating our long-serving employees is not merely a ceremonial gesture—it is a deeply rooted part of our workplace culture. Through this, we reinforce the core values we believe in loyalty, continuity, and professionalism. These are the very foundations of our commitment to delivering exceptional services and achieving high levels of customer satisfaction.' Building on this, he said, 'Employees' appreciation at QIIB is not just a formality. It is an integral part of our culture, where we consistently promote the core values we believe in, such as loyalty, continuity and professionalism. These values are at the heart of our efforts to provide outstanding service and ensure customer satisfaction at the highest level'. The CEO said, 'On this occasion, we reaffirm our commitment to providing the best possible work environment for our employees and attracting top talent, particularly from among Qatari men and women, in line with the State's vision and directives. We will continue working to develop a highly qualified banking workforce capable of keeping pace with the evolving financial sector both locally and internationally'. Ali Hamad AlMesaifri said, 'This recognition is a clear reflection of QIIB's commitment to uphold the highest standards in human capital management. Loyalty and continuity over more than two decades reflect a profound sense of belonging and professional responsibility. These are values we are dedicated to nurturing across our organization.' AlMesaifri said, 'Our human resources strategy is built on empowering talent and providing continuous professional development opportunities. This approach enhances both individual and team performance, contributing directly to the achievement of our goals. Accordingly, recognition and incentive programmes remain a top priority for us.' At the end of the ceremony, the honoured employees expressed their sincere gratitude and appreciation to the bank's management for this thoughtful gesture. They affirmed that the recognition holds great significance for them, both professionally and personally, as it reflects the bank's genuine appreciation for their years of dedicated service. They emphasised that they have always been, and will continue to be, an integral part of the QIIB family, and will remain committed to working with team spirit and dedication to further strengthen the bank's position as a leading financialinstitution.
Qatar Tribune
08-07-2025
- Business
- Qatar Tribune
QIIB announces 15 winners of Joud savings account quarterly
Tribune News Network Doha QIIB has announced the names of 15 winners of the 'Joud' Savings Account prize draws for June 2025, including five winners of the quarterly prizes, each worth QAR 50,000, and ten winners of the monthly prizes, each worth QAR 10,000. The draw was conducted at the bank's headquarters in the presence of a representative from the Ministry of Commerce and Industry, as well as a number of QIIB senior officials. For June 2025, the quarterly prize winners, each receiving QAR 50,000, were Ghanem Ali Al-Azba, Fahad Hamad Shafaa, Fawaz Ali Al-Ajji, Talib Ali Al-Marri, and Mohammed Hassan Al-Zeyara. The monthly prize winners, each awarded QAR 10,000, included Khalifa Abdulrahman Al-Kuwari, Ahlam Mohammed Al-Yafei, Intisar Nasser Al-Saif, Khalifa Mubarak Al-Fadala, Ahmed Ali Abdulkarim, Mohammed Abduljaleel Al Abdulghani, Roudha Ahmed Al-Amarri, Mohammed Saud Al-Shahrani, Ayed Ali Al-Marri, and Hessa Ali Al-Khater. On this occasion, Khalid Abdulrahman Al-Shaibei, Chief of Business Development at QIIB, stated: 'We congratulate all the winners of the June 2025 'Joud' Savings Account draws. These prizes reaffirm our commitment to rewarding our customers and offering them the best possible banking experience. The Joud account continues to stand out as an ideal option for customers who wish to save and enjoy attractive winning opportunities.'He added: 'We are continuously working to enhance the features of the 'Joud' Account to better align with customer expectations—whether through the attractive monthly, quarterly, and annual cash prizes, or through the quarterly profit distributions.' About the 'Joud' Savings Account: The 'Joud' Savings Account is a competitive and rewarding savings product that offers customers significant benefits, most notably the opportunity to win valuable cash prizes, in addition to receiving quarterly profit distributions. The account provides flexibility, allowing customers to deposit and withdraw funds at any time. The 'Joud' Savings Account annually awards a grand total of 141 prizes. This includes a significant QAR 1,000,000 as the single grand annual prize. Additionally, there are 20 quarterly prizes, with five winners each quarter receiving QAR 50,000 apiece. Rounding out the prize pool are 120 monthly prizes, where ten lucky customers win QAR 10,000 every month.
