23-06-2022
Kindly be informed of the Cabinet’s approval to increase the percentage of non-Qatari investors’ ownership in the capital of Qatar International Islamic Bank. According to this decision, a non-Qatari investor may own up to 100% of the bank’s capital.
Accordingly, the bank will work to complete all the approvals required to amend its articles of association, to allow raising the foreign ownership ceiling to 100%, and then submit a request to the competent authorities to raise the foreign ownership ceiling immediately.