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Decades of concerted investment in education have helped Qatar create a qualified workforce equipped with the skills needed to succeed in growing professions. The country’s literacy rate in 2019 was 99.2% of individuals 15 years old and above, while the gross enrolment rates for primary, preparatory and secondary education are all around 100% – a reflection of the mission to...

Faced with the changes associated with technological innovation, the global transition towards renewable energy and increasingly unpredictable weather patterns, the dynamics of the global insurance industry are shifting. While Qatar’s insurance market is growing, certain segments remain underdeveloped. The sector has traditionally been hindered by low insurance penetration and...

As environmental, social and governance (ESG) concerns become increasingly important in the corporate world, insurance companies are emerging as potentially key players in the shift away from fossil fuel-powered projects. The launch of the UN-convened Net-Zero Insurance Alliance (NZIA) in July 2021 reflects an ongoing change in the global insurance industry towards the wider...

Qatar’s Islamic banking industry is one of the world’s largest and most experienced, given than its first entity – Qatar Islamic Bank (QIB) – was established in 1982. Four decades later, as business confidence and economic growth is returning after two years of the Covid-19 pandemic, the Islamic finance sector stands ready for renewed expansion. It can build on the important...

What trends do you see in the Islamic banking industry in terms of both organic and inorganic growth?

Qatar’s Islamic financial services sector is engaged in a shift towards sustainability to take advantage of robust global growth in demand for sharia-compliant investments and rising interest in green finance.

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