Qatar Islamic Bank QPSC 2024 AR2
The report highlights Qatar Islamic Bank's (QIB) financial and sustainability performance for the fiscal year 2024. QIB achieved a record net profit of QAR 4,605 million, representing a 7% increase compared to 2023, while maintaining the lowest cost-to-income ratio in the Qatari banking sector at 17.0%. In sustainability, the bank integrated environmental, social, and governance (ESG) principles into its operations, launching a Shari'a-compliant Sustainable Corporate Deposit and partnering with DHL Express Qatar's GoGreen Plus Program to reduce logistics-related emissions. QIB also advanced financial inclusion through its QIB Lite App for low-income earners and delivered over 46,523 hours of employee training.
Company: Qatar Islamic Bank QPSC
Sector: Financials
Country: Qatar
Year: 2024
Type: AR2
Pages: 139
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Qatar Islamic Bank QPSC
Annual Report
The report highlights Qatar Islamic Bank's (QIB) financial and sustainability performance for the fiscal year 2024. QIB achieved a record net profit of QAR 4,605 million, representing a 7% increase compared to 2023, while maintaining the lowest cost-to-income ratio in the Qatari banking sector at 17.0%. In sustainability, the bank integrated environmental, social, and governance (ESG) principles into its operations, launching a Shari'a-compliant Sustainable Corporate Deposit and partnering with DHL Express Qatar's GoGreen Plus Program to reduce logistics-related emissions. QIB also advanced financial inclusion through its QIB Lite App for low-income earners and delivered over 46,523 hours of employee training.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees