Three Qatari banks' merger could result in the largest Islamic bank in the country

Three Qatari banks’ merger could result in the largest Islamic bank in the country

Qatari banks Masraf Al Rayan, Barwa Bank and International Bank of Qatar (IBQ) could merger in the largest Islamic bank in Qatar after Qatar National Bank (QNB), being the first Islamic bank in the country. If executed, this new entity could become the GCC’s fourth-largest Shariah bank by assets.

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