Doha, x,
Qatar
Qatar Islamic Bank (QIB) Technographics
Qatar Islamic Bank (QIB) Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Qatar Islamic Bank (QIB) and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1179 Qatar Islamic Bank (QIB) employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Qatar Islamic Bank (QIB) has purchased the following applications: Temenos T24 for Core Banking in 2014, Microsoft Azure Cloud Services for Application Hosting and Computing Services in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Qatar Islamic Bank (QIB) is running and its propensity to invest more and deepen its relationship with Temenos , Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Qatar Islamic Bank (QIB) revenues, which have grown to $1.88 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Qatar Islamic Bank (QIB) intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Qatar Islamic Bank (QIB) Tech Stack and Enterprise Applications
Qatar Islamic Bank (QIB) ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2014 | 2015 |
In 2014, Qatar Islamic Bank (QIB) implemented Temenos T24 as its Core Banking application. The engagement began with process led workshops where bank stakeholders and implementation teams identified gaps in the initial system build, produced As-Is analysis outputs, and defined the scope of customization required to align Temenos T24 to business requirements.
Workstreams included preparation of business requirement documents BRD’s and Interface Requirement Documents IRD’s, and development of business cases to justify configuration and custom development. The implementation team configured product catalogs and system parameters, designed menus, and created and updated Versions, Enquiries, and Reports within Temenos T24 to support operational workflows.
Temenos T24 was configured to cover core modules including Loans and Deposits, Limits and Collaterals, Islamic Finance Products, Past Dues, Customer, Accounts, TFS and Funds Transfer. Interface planning was documented through IRD’s, and the team liaised with product and testing vendor teams to coordinate integration points and testing cycles while ensuring alignment with requirements from multiple business divisions and branch banking users.
Governance and quality assurance were led by the bank’s business users team with active defect management and UAT leadership. The project included a focused Arabization program where a project lead developed Arabic front end screens, versions, menus, enquiries and reports for branch banking users, embedding language support into Temenos T24 and into operational workflows across affected business functions.
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Qatar Islamic Bank (QIB) IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Azure Cloud Services | Application Hosting and Computing Services | IaaS | n/a | 2020 | 2020 |
In 2020, Qatar Islamic Bank deployed Microsoft Azure Cloud Services to host and run its public website. The deployment uses Microsoft Azure Cloud Services within the Application Hosting and Computing Services category to provision web hosting, runtime infrastructure and content delivery for the bank's customer-facing digital channels.
The implementation architecture centers on cloud-hosted application and web tiers, leveraging scalable compute, storage and networking capabilities typical of Application Hosting and Computing Services to support the website. Operational scope is concentrated on the bank's Digital Channels and IT infrastructure teams, with governance aligned to web operations, change control and security policy for customer-facing services. Microsoft Azure Cloud Services is the primary platform for centralized hosting and delivery of QIB's online presence as observed on the corporate website.
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IT Decision Makers and Key Stakeholders at Qatar Islamic Bank (QIB)
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
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Head of IT Infrastructure, Technical Services and IT Operations | Director | IT | |
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Chief Operating Officer, Operations & IT Group. | CXO | IT | |
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Head of Systems | Director | IT | |
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Apps Being Evaluated by Qatar Islamic Bank (QIB) Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2024-10-08 | Qatar Islamic Bank (QIB) | Evaluated | Temenos | Temenos T24 | Core Banking | ERP Services and Operations |
| 2024-09-05 | Qatar Islamic Bank (QIB) | Evaluated | FIS Global | FIS Memento | AML, Fraud and Compliance | TRM |