Qatar Financial Services

Having emerged as one of the most resilient financial markets in the region in the wake of the international economic downturn of 2008-09, Qatar is working to further boost its profile. The government has made a concerted effort to expand the country’s asset management industry, in particular, to meet steadily expanding global demand for local and regional funds.

Although the 2022 football World Cup is more than a decade away, analysts are already predicting increased loan activity and investment management in Qatar’s banking sector as the economy gears up to host football’s showcase event.

New regulations for Islamic banking in Qatar released by the Central Bank in late August will change the way conventional banks offer sharia-compliant services and likely boost the performance of banks that focus solely on such services.