Faced with the changes associated with technological innovation, the global transition towards renewable energy and increasingly unpredictable weather patterns, the dynamics of the global insurance industry are shifting. While Qatar’s insurance market is growing, certain segments remain underdeveloped. The sector has traditionally been hindered by low insurance penetration and therefore has...
Qatar Financial Services
Qatar is leveraging its resources to become a knowledge-based, diversified economy fuelled by a dynamic private sector. As such, the country is investing in strategic areas such as agriculture, services, and research and development to further move the economy away from its dependence on hydrocarbons and attract greater foreign direct investment.
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Articles & Analysis | Insurers around the world adopt sustainable criteria from The Report: Qatar 2022
As environmental, social and governance (ESG) concerns become increasingly important in the corporate world, insurance companies are emerging as potentially key players in the shift away from fossil fuel-powered projects. The launch of the UN-convened Net-Zero Insurance Alliance (NZIA) in July 2021 reflects an ongoing change in the global insurance industry towards the wider...
Articles & Analysis | New mandatory lines support growth in Qatar’s insurance sector from The Report: Qatar 2022
Faced with the changes associated with technological innovation, the global transition towards renewable energy and increasingly unpredictable weather patterns, the dynamics of the global insurance industry are shifting. While Qatar’s insurance market is growing, certain segments remain underdeveloped. The sector has traditionally been hindered by low insurance penetration and...
Interviews & Viewpoints | Bassel Gamal, Group CEO, Qatar Islamic Bank (QIB): Interview from The Report: Qatar 2022
What trends do you see in the Islamic banking industry in terms of both organic and inorganic growth?
Articles & Analysis | Qatar’s Islamic finance sector set for growth from The Report: Qatar 2022
Qatar’s Islamic banking industry is one of the world’s largest and most experienced, given than its first entity – Qatar Islamic Bank (QIB) – was established in 1982. Four decades later, as business confidence and economic growth is returning after two years of the Covid-19 pandemic, the Islamic finance sector stands ready for renewed expansion. It can build on the important...
Articles & Analysis | Islamic finance in Qatar adopting sustainability criteria from The Report: Qatar 2022
Qatar’s Islamic financial services sector is engaged in a shift towards sustainability to take advantage of robust global growth in demand for sharia-compliant investments and rising interest in green finance.
