Established in 1982, Qatar Islamic Bank (QIB) was the first Islamic financial institution in Qatar. Its products and operations are supervised by a Shari’a board, which ensures the Bank adheres to Islamic banking and finance principles.
In terms of its service and product offerings, QIB claims that it provides its customers with innovative financial solutions and quality services in accordance with Sharia law and international banking standards, bringing maximum returns to shareholders and partners. In addition, It offers credit cards that allow customers the flexibility to pay only a 5% of the total outstanding. It also provides access to cash from millions of ATMs and cashless convenience debit cards and other financial products.
According to regulatory information, QIB’s UK office is located at 43 Grosvenor Street, London, UNITED KINGDON.
The inspection team paid a site visit to this place.
According to the address, the surveyors came to Grosvenor Street, which pertains to a busy area in London’s west end. The surveyors were to find their target -- building 43 somewhere around here.
The surveyors walked down Grosvenor Street and found a brick building in the traditional English style, next to which sat building 43.
The surveyors walked to the front door of building 43 and found the clearly marked house number and the words “QIB” on the outside pillars. Regrettably, the surveyors were unable to go in for a more profound survey. QIB’s UK office here is known to have about 20 employees.
A field survey confirmed that the address of QIB’s UK office is consistent with its regulatory address. The company holds two full licenses from UK FCA.Investors are advised to resort to their good judgement after consulting the said above.
10-15 years | Regulated in United Kingdom | Market Making(MM) | No…
QIB (UK) Plc
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