THE MIDDLE EAST’S
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2024/06/06092457/77-Qatar-International-Islamic-Bank-QIIB.jpg)
77. Qatar International Islamic Bank (QIIB)
Country: Qatar
Sector: Banks & Financial Services
CEO: Abdulbasit Al Shaibei
Market Value: $4.2 billion
Sales: $1 billion
Profits: $320 million
Assets: $16.9 billion
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.