Qatar Islamic Bank (QIB), a pioneer in digital banking, has been awarded the prestigious title of “Best SME Bank in Qatar” by Global Finance as part of its 2025 GW Platt Foreign Exchange and SME Bank Awards. This accolade reinforces QIB’s pivotal role in fostering the growth of small and medium-sized enterprises (SMEs) while driving economic diversification and financial inclusion in Qatar.
QIB’s recognition stems from its commitment to offering SMEs tailored financial and digital solutions, including seamless online account opening services. By enhancing its Corporate Mobile App, Corporate Internet Banking, and Corporate Co-Branded Credit Cards in collaboration with Ooredoo, along with advanced payment solutions through POS machines, Payment Gateway, and SoftPOS App, QIB has simplified banking operations for SMEs. These advancements provide businesses with easier access to financing, modernized payment options, and improved cash flow management. Beyond technology, QIB offers sector-specific banking solutions and personalized financial advisory services, aligning with Qatar National Vision 2030 to strengthen the country’s private sector.
Mr. Tarek Fawzi, General Manager – Wholesale Banking Group, expressed his thoughts on this achievement: “Our unwavering support for SMEs is integral to our vision of driving sustainable economic growth. As this sector continues to evolve, we are dedicated to delivering innovative, Shari’a-compliant financial solutions that enable businesses to thrive. QIB remains committed to fostering a more diverse and resilient business landscape in Qatar.”
The Best SME Banks Awards by Global Finance recognize financial institutions demonstrating leadership, innovation, and excellence in SME banking. QIB’s latest accolade highlights its success in providing customer-centric financial solutions that cater specifically to the needs of Qatar’s SME community.
