Qatar Islamic Bank (QIB), the nation's leading Islamic lender, has been named Best SME Bank in the Middle East and Best SME Bank in Qatar in Global Finance's 2026 Best SME Banks Awards. QIB said the recognition cements its position as a key financial partner for small and medium-sized enterprises (SMEs), reflecting its role in supporting economic diversification, private sector growth and financial inclusion in Qatar and across the region.
The award celebrates institutions excelling in leadership, innovation, and SME support. QIB said it offers a comprehensive, Shari'a-compliant value proposition tailored to the evolving needs of businesses. From electronic account openings via its website to 24/7 access through the Corporate Mobile App and Internet Banking platforms, QIB empowers SMEs to manage liquidity, execute instant transfers, handle payroll, and process international payments effortlessly.
Complementing these tech advancements are co-branded corporate credit cards with Ooredoo, POS machines, Payment Gateway services, and the SoftPOS App for seamless collections and cash flow management. QIB also supports SMEs through dedicated relationship management, personalised financial advisory and sector-focused solutions aligned with the objectives of Qatar National Vision 2030.
STRATEGIC PRIORITY FOR GROWTH
Tarek Fawzi, General Manager – Wholesale Banking Group, set out the bank's position in QIB's announcement. Supporting SMEs remains a strategic priority for QIB, given their vital role in driving economic growth and diversification. The bank is committed to delivering innovative, Shari’a-compliant solutions supported by advanced digital capabilities, expert advisory, and strong ecosystem partnerships, enabling businesses to grow and succeed with confidence.
This recognition reflects the trust customers place in QIB and the dedication of its team. The bank will continue to enhance its SME offering and contribute to the development of a dynamic and resilient business environment.
DIGITAL LEADERSHIP IN ISLAMIC FINANCE
Businesses can request to open an account electronically through QIB's website, while its Corporate Internet Banking platform and Corporate mobile app give full visibility and control over transactions, cards and service requests.
QIB said its recognition as Best SME Bank in Qatar is a testament to its success in delivering customer-centric financial solutions that meet the specific needs of Qatar's SME sector.