Posted on February 10, 2019

Qatar Islamic Bank (QIB) has been recognized as one of the best Investor Relations websites among all listed Companies at the 4th Annual Investor Relations (IR) Excellence Award organized by Qatar Stock Exchange in collaboration with Iridium Investor Relations.

Qatar Stock Exchange (QSE) announced the winners of the 2018 IR Excellence Program at a high-profile event held on Wednesday 6th of February, attended by Mr. Rashid Al-Mansoori, CEO of Qatar Stock Exchange, top management and senior officials from QSE, QFMA, Qatar’s listed companies and the country’s business community.

On the occasion of receiving the award, Mr. Bassel Gamal, QIB’s Group CEO said: “I would like to thank Qatar Stock Exchange for the Investor Relations Excellence Award Program and its continuous efforts and guidance in developing best practices in the field of IR for all listed companies in Qatar. Effective investor relations builds confidence in an organization increasing its long term investors and reducing its overall cost of capital. Thus, it is very important to develop and constantly maintain relationships of trust with current and potential investors and analysts. Key for building trust is to provide fair disclosure of information and ensure effective two-way communication channels are in place. At QIB, we believe in transparency, being one of our core values, and we will continue investing in improving our investor communication program.”

QIB earned this reward in recognition of improving its overall investor relations function and in particular for the upgrade of its Investor Relations website as well as the introduction of its IR (QIB IR) Mobile App. These initiatives ensure that investors get instant and equal access to information about the Bank’s shares evolution, financials, credit ratings, corporate governance and other essential information. The Annual Investor Relations (IR) Excellence Award event was launched by QSE to motivate and support companies in Qatar to further improve investor relations and adopt best international practices. It is recognizing the best companies and individuals in Qatar who excel at communicating a clear picture about their listed company’s strategic, financial and operational developments, and adhere to the highest standards of transparency and disclosure.