Doha, Qatar : Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been named Best SME Bank in the Middle East and Qatar by Global Finance, as part of the Best SME Banks 2026 awards. This recognition reinforces QIB’s position as a key financial partner for SMEs, reflecting its ongoing role in supporting economic diversification, private sector growth, and financial inclusion in Qatar and the region.

Affirming its leadership in SME banking and digital innovation, the bank continues to offer a comprehensive suite of Sharia-compliant banking and digital solutions designed to meet the growing needs of businesses, including the ability to apply for account openings electronically via the website, along with enhanced features through the bank’s mobile application for businesses and the online banking platform for businesses.

Building on its digital leadership, the bank provides SMEs with seamless access to a comprehensive suite of banking services through its online corporate banking platform and mobile corporate application, available 24/7. These services enable businesses to efficiently manage their accounts and liquidity, execute various local and international payments and transfers, including the "Fawran" service, and manage payroll and Wage Protection System (WPS) services. These digital channels also offer advanced control over beneficiary management, card processing, and service requests, as well as the ability to make deposits via cash and check deposit machines, ensuring the continuity of banking operations and supporting efficient daily business management.

The bank also offers corporate credit cards in partnership with Ooredoo , and payment solutions through point-of-sale terminals, the electronic payment gateway, and the QIB SoftPOS app. The bank has streamlined banking operations for small and medium-sized enterprises (SMEs), providing quick access to financing programs tailored to diverse business needs, innovative payment solutions, and enhanced cash flow management. In addition to its digital transformation initiatives, the bank actively supports SMEs by offering personalized financial advice and sector-specific banking solutions, in line with Qatar National Vision 2030.

Commenting on the awards, Mr. Tariq Yousef Fawzi, General Manager of Corporate Banking at the bank, said: “Supporting small and medium-sized enterprises (SMEs) remains a strategic priority for the bank, given their vital role in driving economic growth and diversification. We are committed to providing innovative, Sharia-compliant solutions, backed by advanced digital capabilities, expert advice, and strong partnerships, enabling companies to grow and succeed with confidence. This recognition from Global Finance reflects the trust our clients place in the bank and the ongoing efforts of our team. We will continue to develop our SME-focused services and contribute to fostering a stronger, more diversified, and more resilient business environment.”

The Global Finance SME Best Banks Awards recognize financial institutions that excel in leadership and innovation; the bank’s winning the Best SME Bank in Qatar award is a testament to its success in providing customer-centric financial solutions that meet the specific needs of the SME sector in Qatar.

For more information, please visit: www.qib.com.qa.

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