Islamic Financial Services

The Islamic finance services (IFS) sector in Qatar is one of the most vibrant in the region and incorporates a rapidly expanding sharia-compliant banking segment, an array of financing companies, an insurance market that is well positioned to capitalise on the potential of an underserved market, and an increasingly deep Islamic investment component. Recent regulatory changes suggest that the government’s ambition to establish the nation as a centre for Islamic finance remains undimmed and, as the country gears up for the project pipeline associated with Qatar National Vision 2030 and the 2022 FIFA World Cup, sharia-compliant finance players are expected to reap the rewards of this support. This chapter contains an interview with Bassel Gamal, Group CEO, Qatar Islamic Bank.