QIB secures three honours at Global Finance AI Awards

Qatar Islamic Bank (QIB) has been honored with three prestigious awards at Global Finance’s AI in Finance Awards 2026. The bank was recognized as Best Corporate Bank for AI in Finance in Qatar and Best AI in Payments in Qatar & the Middle East. These accolades underscore QIB's ongoing commitment to utilizing artificial intelligence to boost its corporate banking and merchant acquiring services, improve operational efficiency, and deliver greater value to its merchant clients.

A key highlight is QIB's Merchant Analytics solution, designed to amplify the bank's merchant acquiring capabilities through advanced data analytics. This solution offers QIB's teams enhanced visibility into merchant performance and business trends, facilitating more informed and efficient decision-making. By improving analytics and reporting capabilities, the solution aids in identifying business opportunities, strengthening merchant engagement, and supporting QIB's continued development of its merchant acquiring proposition.

The solution also bolsters QIB's efforts to deliver greater value to its merchant partners by providing them with relevant business insights that aid in better understanding performance and uncovering growth opportunities. QIB's Chief Strategy & Digital Officer, Constantinos Constantinides, expressed satisfaction with the awards, stating that they reflect the bank's ongoing focus on practical AI applications that enhance its banking and payments capabilities.

Constantinides further emphasized QIB's commitment to developing secure and scalable AI capabilities to boost efficiency and create greater value for customers.

Global Finance’s AI in Finance Awards recognize financial institutions that demonstrate innovative, impactful, and responsible uses of artificial intelligence across the financial services industry.