QIB holds workshop

The Qatar Islamic Bank (QIB) has organised a workshop for its wholesale banking customers as well as micro finance clients. The purpose of the workshop, held at the Four Seasons Hotel and moderated by QIB Wholesale Banking Group general manager Bert de Ruiter, was to present QIB trade finance products and focus on the bank’s operational guidelines in an effort to increase awareness levels among QIB’s existing and potential clients.

The topics discussed at the workshop included purchase orders, letters of credit, shipping guarantees and letters of guarantees. There was also a briefing on “Murabaha” and “Wakala” contracts as well as a presentation on comparative analysis between Islamic and conventional trade finance products.

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Key personnel of QIB’s trade finance operation team were introduced to clients during the workshop while they were allowed to have direct interaction on ideas to promote a better service to clients within the existing operational guidelines.

A new QIB promotion, to be jointly established by its Transactional Banking department headed by Samy Dayel and Corporate Relationship team, on Islamic trade products as well as cash management solutions, was introduced to QIB corporate clients during the event.

source: Gulf Times