QIB Group
Explore QIB Groups’ regionally rooted financial subsidiaries and specialised Islamic banking offerings in the UK, Lebanon and Sudan.
Established in early 2008s, based out of London, QIB-UK aims to enhance QIB’s international investments and Islamic banking service. QIB owns 99.7% of the company.
Chief Executive Officer: Richard Musty
Arab Finance House Sal
QIB Sudan
Opened in July 2013, QIB Sudan is the first fully owned overseas branch of the group. With a start-up capital of US$50m, it provides Shari’a-compliant corporate finance and trade finance solutions to major corporates.
General Manager: Ibrahim Mohamadi
Local subsidiaries
Q Invest
Established in 2007 and licensed by Qatar Financial Centre, QInvest aims to attract investments in order to contribute towards financing large-scale projects and investments, within Qatar and across the globe. Qib owns 65.62% of the company.
Chairman: Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber AL Thani
Acting Chief Executive Officer: Hussein Fakhreddine
Damaan Islamic Insurance Company (Beema):
Incorporated in September 2009 as a fully Shari’a-compliant Insurance Company, Beema offers takaful services across Qatar. It has an authorised and paid-up capital of QAR 200 million. QIB has a stake of 18.75% in the company.
Chairman: Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani
Chief Executive Officer: Nasser Rashid Al Misnad
Al Jazeera Finance
Established in 1989 and based in Qatar, Al Jazeera Finance offers bespoke financing solutions.
QIB owns is 30% of the company.
Chairman: Saeed Al Khayareen
Chief Executive Officer: Amer Mohamed Al Jabri
Aqar
Based in Qatar and established in 2000, Aqar offers real estate investment and development services. QIB owns 49% of the company.
Chairman: Saeed Al Khayareen