1. Home
  2. >

Built to inform

Sign up for the daily newsletters

No, Thank you

QNB and QIIB provide Sharia-compliant finance

The Islamic branch of Qatar National Bank and Qatar International Islamic Bank has provided Sharia-compliant financing worth QR1bn (Rs137 crore) to Qatar Real Estate Investment Company for its real estate projects. 

Qatar’s rapid economic growth is also having a huge impact on supply and demand for real estate as more people are coming into the country.

Despite the slowdown, Qatar’s market continues to have a lot of liquidity.

Banks are probably more cautious in lending but they are lending nevertheless whereas in other countries they have stopped to provide funds altogether.

Most Popular


Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore


Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

June 2020
10 Jun 2020