Qatar Islamic Bank (S.A.Q.) Appoints Bassel Gamal as Chief Executive Officer, Effective February 2013

Qatar Islamic Bank QPSC is a Qatar-based banking institution. The Bank is primarily involved in corporate, retail and investment banking in accordance with Islamic sharia rules as determined by sharia supervisory board of the Bank, and has over 26 branches in Qatar and a branch in Sudan. The Bank operates under the following segments: Corporate Banking, which includes services offered to institutional investors, corporate, small and medium enterprises, financial institutions and investment vehicles; Personal Banking, which includes services that are offered to individual customers through local branches of the bank which includes checking and savings accounts, credit cards, personal lines of credit and mortgages, among others; Group Function, which includes treasury, investment, finance and other central functions, as well as Local and International Subsidiaries. The Bank is a subsidiary of Qatar Islamic Bank QPSC.