QIIB Announces the Decision to Cancel the Case No. 396/2016

 

January 15, 2017

 

QIIB announced (According to Bank External Law Firm.), the Ninth Circuit of Court of First Instance (Civil Court) issued on 12.29.2016   the judgment for case number No. 396/2016 to dismiss the case (write off the case) filed by the prosecutor, Mr. Abdullah bin Nasser Al Misnad against Qatar International Islamic Bank and others request to cancel the acquisition of Ezdan Holding Group accounted for 22.66% of the bank’s capital.