Qatar First Investment Bank (QFIB), a new fully Shari’ah compliant Investment Bank, celebrated its launch with a stunning ceremony at the

Museum of Islamic Art in Doha, with a keynote speech by former US President Bill Clinton.

 Qatar First Investment Bank (QFIB) is the first independent Islamic investment bank to be licensed by the Qatar Financial Centre. It has an authorized capital of QAR

3.6 billion (US$ 1billion) and  aims to become one of the leading financial institutions in Islamic investment banking in Qatar and the GCC by adopting a unique

business model.

More than 350 people including senior government officials, prominent businessmen and directors of Qatari banks, local academics as well as key shareholders from

Qatar and the surrounding Gulf Cooperation Council countries attended the event to celebrate the launch and hear President Clinton speak about the challenges of

globalization and growing interdependence, and the need to identify common goals and values through the world.

Abdullah bin Fahad bin Ghorab Al Marri, Chairman of Qatar First Investment Bank commented: “We are honoured and privileged that President Clinton accepted our

invitation to attend the launch of Qatar First Investment Bank. It made an extremely special occasion even more prestigious and memorable. It was a privilege to have

President Clinton as our guest of honour “

Chairman Al Marri added “ We are launching the bank at a time when the world is going through a major economic crisis, however we feel this is a time when Qatar

First Investment Bank can capitilise on opportunities arising out of this economic uncertainty.”