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Business / Qatar Business

QIIB raises non-Qatari investor ownership limit threshold to 100%

Published: 12 Aug 2022 - 09:30 am | Last Updated: 12 Aug 2022 - 09:30 am

QNA

Doha: Qatar International Islamic Bank (QIIB) announced that, after obtaining all necessary approvals, the non-Qatari Investor Ownership Limit threshold has been increased to 100 percent. The change has been made at the Qatar Central Securities Depository with immediate effect, QIIB said in a statement on the Qatar Stock Exchange (QSE) website. QIIB was established in 1991, with a capital of about QR1.513bn.