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Qatar Tribune
3 days ago
- Business
- Qatar Tribune
QIIB announces winners of its Visa credit card campaign
Tribune News Network Doha QIIB has announced the names of the winners of its special promotional campaign launched in celebration of the 2025 Amir Cup football tournament. The campaign targeted holders of QIIB-issued Visa credit cards. Each winner received a cash prize of QAR 100,000, with total prizes amounting to QAR 500,000. The prize draw was held at QIIB's headquarters under the supervision of a representative from the Ministry of Commerce and Industry, and in the presence of relevant QIIB officials. The winners received their prizes during a ceremony held at the Bank's headquarters, attended by the winners and several senior QIIB executives. The five winners, as determined by the draw, are: Hamad Ali, Fahad Ali AlHanzab, Faisal Ebrahim Al Mohsin, Mohamed Khalil Al-Darwish, and Fahad Hassan Al-Hajri. The campaign was launched on May 6 and ran through May 24, 2025, covering all QIIB Visa credit cardholders. Customers were automatically entered into the draw upon meeting the specified spending criteria during the campaign period. Under the campaign terms, any customer who spent a total of at least QAR 10,000 using any QIIB Visa credit card was automatically entered into the draw. Customers earned one entry for every QAR 100 spent locally, and two entries for every QAR 100 spent internationally or through e-commerce. On the occasion of presenting the Amir Cup campaign prizes to the winners, Talal Al-Jaidah, Head of Banking Products at QIIB, stated: 'We extend our warmest congratulations to the winners. We are truly delighted to present these valuable cash prizes as part of this campaign, launched in celebration of the Amir Cup one of Qatar's most prominent sporting events. The campaign received an enthusiastic response from our customers, reflecting their strong trust in our services, campaigns, and exclusive offers'. He added: 'This campaign reflects our strategy to align banking services with major national sporting events. It strengthens customer loyalty and provides real added value whenever they use their QIIB banking cards'. Al-Jaidah further noted: 'At QIIB, we are committed to continuously enhancing our products, services, and promotional offers to meet our customers' expectations—both in terms of valuable benefits and a rich, rewarding user experience'. He continued: 'Major sporting events like the Amir Cup are a great opportunity to connect with the community and promote a sense of shared spirit. As the tournament's official sponsor, we're proud to support it in meaningful ways, through initiatives that truly speak to our customers' interests and passions'. He concluded: 'Once again, I extend my congratulations to the five winners and thank all our customers who took part in the campaign. Looking ahead, we are excited to introduce more outstanding campaigns and offers that will further enrich the customer experience and drive continued innovation in the way we deliver our banking services'.
Qatar Tribune
17-06-2025
- Business
- Qatar Tribune
QIIB names prize winners of ‘Joud' savings account's May 2025 draw
Tribune News Network Doha QIIB has announced the 10 lucky winners of the monthly prizes for its 'Joud' savings account, a unique product that offers customers opportunities to win a variety of cash prizes throughout the year, including monthly, quarterly, and annual draws, with a grand prize of QR1 million. The May 2025 prize draw took place at the QIIB headquarters, in the presence of senior bank officials and a representative from the Ministry of Commerce and Industry. The winners of the QR10,000 prizes for the May 2025 draw are Rabie Kamal Ghanem, Abdulla Hussain Al Darwish, Mahmoud Fouad Dalloul, Khalid Hassan Alyafei, Luqman Ghulamsaddique, Rasha Adnan Alhasan, Ibrahim Ali Alsubaie, Reem Khalifa Al Maadeed, Reem Hassan Aldarwish, and Hamad Jaber Al Braidi. It is important to emphasise that the 'Joud' savings account stands out as a competitive product, offering a wide range of benefits to QIIB customers. Among the most attractive features is the chance to win significant cash prizes. In addition to these opportunities, accountholders benefit from quarterly dividends, as well as the flexibility to make deposits and withdrawals based on their needs. The total number of prizes for the 'Joud' savings account from QIIB is 141 throughout the year. This includes the highly anticipated annual grand prize of QR1 million, 20 quarterly prizes (five per quarter) each valued at QR50,000, and 120 monthly prizes (10 per month) each worth QR10,000. Every QIIB customer with a 'Joud' savings account is eligible to participate in these draws. For every balance of QR10,000 maintained, customers receive an additional entry into the prize draws conducted throughout the year.
Qatar Tribune
19-05-2025
- Business
- Qatar Tribune
Qatar banks discuss regional risk at QIIB-IIF Forum
Tribune News Network Doha QIIB hosted the Annual Chief Risk Officers Forum for banks operating in the Middle East, organised in collaboration with the Institute of International Finance (IIF). This initiative reflects QIIB's commitment to promoting Islamic banking and its role in advancing the financial industry, while also reinforcing Qatar's position as a key regional and global banking hub. In his opening remarks, Dr. Abdulbasit Ahmed al-Shaibei, CEO, Qatar International Islamic Bank, welcomed the distinguished participants, stating 'We are honoured at QIIB to host this important forum as a leading Qatari banking institution and a vital part of a strong and resilient banking sector that has earned a prominent position regionally and internationally.' Dr. al-Shaibei noted, 'This gathering, held in collaboration with IIF, comes at a critical time amid profound and far-reaching transformations in the global financial landscape. 'The regulatory agenda in the banking sector continues to evolve, particularly with the ongoing global implementation of Basel III reforms. These changes are reshaping capital and risk frameworks, ultimately enhancing regulation, supervision, and risk management across the industry.'Dr. al-Shaibei also highlighted the transformative role of technology, saying 'We are witnessing the growing use of advanced technologies, particularly artificial intelligence, across a wide range of banking operations, from credit assessment and fraud detection to customer service and regulatory compliance. While these innovations present significant opportunities, they also call for thoughtful regulatory responses.' He emphasised, 'These significant developments in the banking sector are occurring amid challenging global conditions, including shifts in trade policies, market volatility, disruptions in supply chains, and changes in global economic balances. All of these factors are contributing to elevated risk levels, which demand greater agility and foresight from financial institutions to navigate evolving circumstances.' He expressed hope the that the discussions and workshops held during the Forum will yield valuable outcomes that contribute meaningfully to the advancement of risk management practices, and help develop effective responses to potential risks, whether anticipated or unexpected.' The Forum addressed a wide range of key topics in risk management, including regulatory and supervisory developments in the State of Qatar, global regulatory trends and their implications for banks, particularly in relation to Basel III amendments, as well as the growing focus on climate risk regulation, sustainable finance, digital finance, and the oversight of non-bank financial institutions. Geopolitical risks and their impact on the banking sector were also explored. Participants reviewed key findings from the latest International IIF Annual Risk Management Survey, including insights and analysis from banks across the region. The Forum also discussed major emerging risk trends and how banks in the MENA region are responding to them. The one-day forum also explored the applications of artificial intelligence in the financial services sector. Discussions focused on how banks and financial institutions are leveraging AI across various domains, including credit assessment, fraud detection, customer service, and regulatory compliance. The Forum examined key lessons learned and highlighted best practices for the successful integration of AI into risk management frameworks. Attendees also examined strategies for managing various types of risk concentrations and explored methods for diversification and risk mitigation. Discussions extended to efforts aimed at advancing digital banking and fintech innovation, automation in banking operations, and the associated risks and mitigation strategies. Participants shared insights into their institutions' experiences in operational resilience and business continuity, including third-party and supplier risk management. The Forum also addressed how large, geographically diverse banking groups manage risks across international subsidiaries and group-wide operations. Additional discussions covered liquidity risk, with participants exchanging international and regional experiences and outlining best practices for managing and mitigating such risks effectively.
Qatar Tribune
18-05-2025
- Business
- Qatar Tribune
QIIB announces prize winners of ‘Joud' Savings Account's April 2025 draw
Tribune News Network Doha QIIB has announced the 10 lucky winners of the monthly prizes for its 'Joud' savings account, a unique product that offers customers opportunities to win a variety of cash prizes throughout the year, including monthly, quarterly, and annual draws, with a grand prize of QR1mn. The April 2025 prize draw took place at the QIIB headquarters, in the presence of senior bank officials and a representative from the Ministry of Commerce and Industry. The winners of the QR10,000 prizes for the April 2025 draw are: Shaikha Jassem M. A. Al-Solaitti, Samir Mohamed, Mohamed Abdulrahman Abdulla Khlefa, Yousef Abdulrahman Y. A. AlMahmoud, Fatma Saoud A. M. Al Enazi, Nayef Jassim M. A. Al Naama, Ammar Ahmed Hassan Radwan, Ali Abdo H. T. Al-Saadi, Maryam Abdulla J. Al-Maseeh, and Sumaia Hassabelrsoul Ahmad. It is important to emphasise that the 'Joud' savings account stands out as a competitive product, offering a wide range of benefits to QIIB customers. Among the most attractive features is the chance to win significant cash prizes. In addition to these opportunities, account holders benefit from quarterly dividends, as well as the flexibility to make deposits and withdrawals based on their needs. The total number of prizes for the 'Joud' savings account from QIIB is 141 throughout the year. This includes the highly anticipated annual grand prize of QR1mn, 20 quarterly prizes (five per quarter) each valued at QR50,000, and 120 monthly prizes (10 per month) each worth QR10,000. Every QIIB customer with a 'Joud' savings account is eligible to participate in these draws. For every balance of QR10,000 maintained, customers receive an additional entry into the prize draws conducted throughout the year.
