Islamic Financial Services

Qatar has been a prominent player in the region’s Islamic banking sector since the early 1980s, and Islamic banking accounted for roughly 26% of the country’s total banking assets as of March 2015, with growth in the first nine months of 2014 outstripping that of Qatar’s largest banks. Meanwhile, the country was the region’s third-largest issuer of sukuk in both 2013 and 2014, while 6.2% of global sukuk issuance in the first half of 2014 used the Qatari riyal, behind only the Malaysian ringgit, US dollar and Saudi riyal. Elsewhere, the new Islamic stock index, the Al Rayan Islamic Index, offers traders the opportunity to steer capital into a subset of sharia-screened companies with strong fundamentals.

This chapter contains an interview with Bassel Gamal, Group CEO, Qatar Islamic Bank.

Share
Cover of The Report: Qatar 2015

The Report

This chapter is from the Qatar 2015 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Bassel Gamal, Group CEO, Qatar Islamic Bank
Bassel Gamal, Group CEO, Qatar Islamic Bank: Interview

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart