The Qatar Islamic Bank (QIB) has launched a new proposition specifically designed to cater to the financial needs of women in appreciation for their role in the Qatari society and as part of the nation’s vision to empower and support all citizens in the country.
QIB’s proposition responds to the increasingly active social and professional lives that women lead in Qatar, the bank said.
According to a new labour force survey published by the Ministry of Development, Planning and Statistics in 2016, 586,030 women are living in Qatar out of which around 253,000 are economically active.
With this in mind, QIB said its new ladies banking proposition aims to meet the wide-range of financial needs that a modern day woman has. Whether a client is a mother, a business-woman or a fresh graduate, a variety of packages are specifically designed to suit her exact needs, the bank said.
QIB has 12 dedicated ‘Ladies Banking Centres’, strategically located in different places around Qatar, and are open from 7.30am to 1pm. The centres ensure privacy and convenience and clients are served exclusively by female staff. A dedicated call centre, served by female call centre agents is also providing its services from 8am to 5pm. women clients can reach them on +974 44020044.  
Ladies at QIB can now enjoy competitive profit rates on their fixed deposits. They can also achieve their financial goals through obtaining quick and hassle-free finance at preferential profit rates, QIB said.
QIB has also taken into consideration worries that concern women, including children’s education and personal health matters.
The bank’s ‘Walady Education Plan’ is a Shariah-compliant child education plan that offers financial security for the child’s education through a long-term savings and investment plan coupled with takaful protection for the parent.
On the other hand, as part of the new ladies banking proposition introduction, the bank is offering free takaful coverage for one year, covering general and female related risks. Additionally, ladies can also apply for the ‘Family Shield’, a family takaful policy that provides relief in times of distress. Moreover, all women in Qatar can now enjoy motor takaful with preferential rate.
QIB has also recently launched a set of new revolving cards offering customers the option to pay back a minimum of 5% of their monthly purchases. Ladies will be able to own these cards free of charge for the first year and enjoy exclusive discounts and promotions at various premium brands in Qatar such as, 51 East, Channel, Al Jaber Jewelry and Watches, Alfardan Jewellery, Movenpick Hotel, Westin Hotel, Grand Wyndham Regency, Souq Waqif Boutique Hotels, The Ritz-Carlton, and other popular shops and destinations in Qatar.
For lady customers who are tamayuz members, the bank’s affluent banking solution, will also be served exclusively by female relationship managers who will use their extensive financial knowledge to help define their long-term goals, risk tolerance and investment horizons.
“QIB has established itself as one of the leading banks in Qatar by following a customer centric approach in everything we do. We are committed to constantly evolve our banking services in order to reflect the financial interests of the people in Qatar,” said D Anand, general manager -  QIB’s Personal Banking Group.
“Women are an important part of the society and valued QIB customers. We are always keen on fulfilling their changing needs in order to give them the best banking experience and improve their daily life.
“The decision to provide a suite of value-added services specifically targeted at ladies stems from our vision to provide a seamless customer experience to all our customers while providing tailor made products and services to each one of them based on their needs at each stage of their life. With the ladies banking proposition, ladies in Qatar now have an avenue that will support them to achieve their diverse goals” Anand added.
On Thursday, QIB organised an internal town hall meeting with all its ladies banking centres employees to explain and discuss all the benefits introduced for women in Qatar under the new ladies banking proposition. This event is part of a continued dialogue between all QIB employees in order to upgrade the products and services offered to all banking clients in the country.
QIB’s ladies centres are located in the following areas: Al Gharafa Branch, Airport Branch, Salwa Road Branch, Al Sadd Branch, Al Fanar Branch, Al Khor Branch, Al Wakrah Branch, Miazar Branch, Umm Salal Branch, Al Rayyan Branch, Al Shahhaniya Branch, and Modern Doha Branch.