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Business / Qatar Business

QIIB wins ‘Best Innovation in Retail Banking, Qatar 2026’ award

Published: 08 Jul 2026 - 10:02 am | Last Updated: 08 Jul 2026 - 10:09 am
Peninsula

The Peninsula

Doha, Qatar: QIIB has received a prestigious new award that further reinforces its leadership in digital banking – ‘Best Innovation in Retail Banking – Qatar 2026’, instituted and presented by MEA Finance, a leading media platform and publication specialising in the banking and business sectors across the Middle East and Africa.

The award was presented during the MEA Finance Banking Technology Summit & Awards 2026, held at the Jumeirah Emirates Towers in Dubai recently. The event brought together senior banking executives, business leaders, technology experts and key stakeholders from across the region’s financial services industry.

The MEA Finance judging panel said QIIB was chosen for the award “in recognition of its outstanding performance and its ability to redefine the retail banking experience through highly efficient and innovative digital solutions.”

The panel also noted that “QIIB has demonstrated clear leadership in anticipating evolving customer needs by integrating latest technologies into its retail banking platform. This has enabled the Bank to introduce a comprehensive suite of fast, flexible and customer-centric products and services, while setting a benchmark for operational efficiency and cybersecurity without compromising on ease of use or customer convenience.”

Commenting on the award, Yousef el-Maraghi (pictured), Head of Private Banking and Wealth Management at QIIB, said: “We are delighted and proud to receive this prestigious award from MEA Finance, a respected and specialised institution. This recognition is further testament to the success of our digital transformation strategy and our commitment to continuous innovation.

“This award is also a tribute to the tremendous efforts of all teams across the Bank, and reaffirms that QIIB is moving confidently and strategically towards shaping the future of digital Islamic banking in Qatar and across the region.”

He noted: “Our objective at QIIB has never been simply to digitise traditional banking services. Rather, our focus has always been on creating genuine added value that enhances our customers’ everyday lives.

“We have successfully built an intelligent, personalised retail banking ecosystem that enables customers to access financing, open accounts and manage their payments seamlessly at the touch of a button through our digital channels, led by our award-winning mobile banking app.”

El Maraghi said, “This achievement reflects our firm commitment to supporting and developing our technology infrastructure in line with the Third Financial Sector Strategy launched by Qatar Central Bank, which places technological innovation and excellence in banking services among its key priorities.

“We believe that continued investment in advanced technology infrastructure and the adoption of cutting-edge fintech solutions are essential to maintaining our competitiveness and meeting our customers’ evolving expectations.”

He stressed that customer satisfaction remains QIIB’s ultimate measure of success, and added, “We listen carefully to our customers’ feedback and translate their evolving needs into innovative banking solutions.

“This award provides even greater motivation for us to continue driving innovation, further enhancing our banking services, and delivering products, services and offers that cater to the diverse needs of all segments of society.”

El Maraghi concluded by thanking MEA Finance for its outstanding organisation of the summit. He also expressed his sincere appreciation to QIIB’s customers for their continued trust and loyalty, and to all employees for their dedication and ongoing efforts to bring the Bank’s vision to life and achieve its strategic objectives with efficiency and excellence.