Opening the nomination for membership of the Board of Directors of Qatar Islamic Bank
26/11/2025, Doha,Qatar
The QIB Board of Directors has announced to the shareholders the Opening Nomination for Membership of Board of Directors in its new period for the next three years 2026-2028 to fill eleven seats, at least three of them as independent members. Nominations will be accepted from Wednesday, November 26, 2025 until Wednesday, December 10, 2025 at 1:00 pm. Nomination is open for those who meet the following conditions:
- The age of the candidate shall not be less than twenty-one years, and fully legally competent.
- To be a shareholder and an owner of (2,500,000) shares of the bank’s shares allocated to guarantee the rights of
the company, shareholders, creditors, and others for the responsibility that falls on the members of the Board of
Directors. The nominee must accept to block their shares during his membership of the BOD until the end of the membership term.
- The candidate should not be a member of the board of directors of more than three public shareholding
companies whose headquarters are in Qatar.
- The candidate shall not be a Chairman of the Board of Directors or a Vice Chairman in more than two companies
whose headquarters are in Qatar.
- The candidate shall not be a managing director in more than one company with the head headquarters in Qatar.
- The candidate shall not be a member of the board of directors of two companies with similar activity.
- The candidate must not have been previously convicted with a criminal penalty or a crime involving breach of
honor or trust or one of the crimes referred to in Article (40) of Law No. (8) of 2012 of Qatar Financial Markets Authority, or Articles (334) and (335) of Law No. (11) of 2015 (Commercial Companies Law). The candidate must also not be prohibited from practicing any activity within entities subject to the Authority’s supervision pursuant to Article (35), paragraph (12) of the aforementioned Law No. (8) of 2012.
- The candidate must not have previously been declared bankrupt unless he has been rehabilitated, or he has defaulted on his debts and caused losses to financial institutions, or he has previously been dismissed, or there is any conflict of interest that affects his impartiality and independence.
- Observe the conditions for candidacy as an independent member in accordance with the corporate governance
regulations set by both Qatar Central Bank and Qatar Financial Markets Authority, which can be viewed on the
bank’s website at the following address https://www.qib.com.qa/en/investorrelations/board-nomination/
Shareholders who are wishing to apply for nomination are required to visit the Secretary of the Board of Directors on
the 40th floor of QIB headquarter, QIB Towers – West Bay to fill the required nomination forms, see the details of the specific criteria, and submit the required documents in person before the end of the abovementioned period.
- Elections shall take place during the Ordinary General Assembly Meeting to be held during the first three months of 2026.
- For inquiries, please call: 40334554 / 40334510 during official working hours.
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