QIIB is a privately owned Islamic bank operating in Qatar through a network of 17 branches, one digital branch, and over 84 ATMs. In January 2024, QIIB issued a $500 million five-year sustainable sukuk “Oryx” as part of its $2 billion Sukuk program. The Qatar Investment Authority is the largest shareholder in QIIB, with a 16.62% stake as of May 2024.