Best Domestic Middle East Islamic Bank award for Doha Islamic

Doha Islamic has been adjudged as the  Best Domestic Islamic bank in the Middle East - 2009. The accolade was conferred by the prestigious Banker Middle East Awards 2009 for excellence in a glittering ceremony held at Emirates Tower Hotel, Dubai. The ceremony was attended by elite gathering of government officials, academicians, regulators, dignitaries and senior bankers.

The award conferred on Doha Islamic is in recognition of the trust and confidence by the local financial services community and an acknowledgement of Doha Islamic’s customer centric approach and progressive outlook committed in providing one-stop-financial service experience to its ever expanding customer base.

Doha Islamic commenced its banking operations on June 15, 2005. Nowadays, Doha Islamic has a network of five branches in Qatar and dedicated in providing new and innovative Islamic banking products and services. This award reflects the continuous growth of Doha Islamic and efforts in excelling within the Islamic Banking industry noting that the total assets has reached $880m within a span of three years. Doha Islamic provides financial corporate solutions to finance new and existing business, in order to make it grow and prosper, be it for specific commercial commodities, production materials or infrastructure. Furthermore, an array of products and services, tailored to meet customers  financial needs, are available at Doha Islamic and are supported by a team of highly qualified Consumer Finance representatives.

Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman Doha Bank, said: “Doha Islamic is taking many strategic initiatives to provide the best value to our customers, our stakeholders and to our society at large. Our dedicated team of professionals has consistently set high standards in performance, innovation, security and quality, being the hallmarks of Doha Islamic, in this highly competitive market. It will be our ongoing challenge to manage and sustain these strengths and Doha Islamic is proactively enhancing these in the current year.

Yousuf Hashim Al Yousuf, Acting Head Doha Islamic while receiving the award said: “It is the Doha Islamic’s Board’s visionary and participative leadership philosophy, which has taken Doha Islamic to newer heights. The bank has been completely transformed into a dynamic entity with strong values and customer-centric approach. The Board has steered Doha Islamic to become a market pioneer in introducing innovative products and services.

Doha Islamic is determined to build on a solid base by undertaking the necessary restructuring and creating an image, while also enhancing productivity through the employment of state-of-the-art technology. The enhancement of Islamic banking through partnership with other Islamic institutions and the development of a wide range of Islamic products is an integral part of Doha Islamic’s strategy. This step comes in line with the strategy to meet the increasing demand in Islamic banking products and services, and Doha Islamic offerings in particular, from various sectors of the community. As there will be new branches in the pipeline, this will enhance Doha Islamic’s delivery channels across Doha and will increase banking convenience for their customers.

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