Description
SWOT ANALYSIS OF QATAR ISLAMIC BANK

Qatar Islamic Bank

Parent Company

Qatar Islamic Bank

Category

Regional Banks

Sector

Banking and Financial Services

Tagline/ Slogan

Committed to leadership

Leading international Islamic bank, comprehensive, sticking to the USP provisions of Islamic law

STP

innovative financial solutions compatible with the provisions of Islamic Segment Sharia

Target Group

Individuals and businesses in need of Islamic banking facilities

Positioning

Islamic bank with Integrity and Transparency

SWOT Analysis

1. First Islamic bank in Qatar 2. Around 35 branches in Qatar 3. Nearly one-third of the market of Islamic banking in Qatar 4. It has a significant market share of the total banking in Qatar Strength 5. 110+ ATM machines covering Qatar

1. No international presence 2. Only Islamic banking facilities are provided 3. Limited brand recall and still less branch network compared to market Weakness leaders

1. Exploring Islamic banking opportunities in other Islam dominated countries 2. Branding and marketing the brand in the Middle East Opportunity 3. Increasing number of branches and going for international tie-ups

1.Changing banking needs of individuals in Qatar Threats 2. Foreign bank establishments in Qatar

Competition

1. QNB 2. HSBC Bank Middle East 3. IBQ 4. Qatar Central Bank 5. Qatar Development Bank Competitors 6. Commercial Bank Qatar



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