Qatar Islamic Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qatar Islamic Bank with three other
companies in this sector in Qatar:
sales of 3.95 billion Qatari Riyals [US$1.08 billion]
of which 82%
was Corporate Banking),
Masraf Al Rayan
(3.61 billion Qatari Riyals [US$991.86 million]
of which 74%
was Corporate Banking), and
The Commercial Bank QSC
(6.12 billion Qatari Riyals [US$1.68 billion]
of which 49%
was Commercial Bank).
Qatar Islamic Bank reported sales of 5.37 billion Qatari Riyals (US$1.48 billion)
December of 2016.
increase of 22.8%
versus 2015, when the company's sales were 4.37 billion Qatari Riyals.
This was the third consecutive year of growth at Qatar Islamic Bank.
Sales of Wholesale Banking saw an increase
that was more than double the company's growth rate: sales were up
57.3% in 2016, from
1.79 billion Qatari Riyals to 2.81 billion Qatari Riyals.
Not all segments of Qatar Islamic Bank experienced an increase in sales in 2016:
sales of Group Function fell 40.9% to 488.19 million Qatari Riyals.
Qatar Islamic Bank also experienced decreases in sales in
Personal Banking (down 19.7% to 1.10 billion Qatari Riyals)
Local and International Subsidiaries (down 34.9% to 351.98 million Qatari Riyals)