Posted on May 14, 2011

Qatar Islamic Bank has unveiled plans to raise the total number of its workforce by as much as 7% by the end of 2011, Bloomberg has reported.

The country's biggest Shari'ah-compliant lender recently let less than 50 employees go and hired more than 50 people in an effort to bring "new blood", acting CEO Ahmad Meshari said. "To maintain this position of being a market leader, you need to have the right talent on board," he said. "Some people within the organisation were not up to what we were aiming for."

source: ameinfo