Post by congregatio on Mar 7, 2016 7:44:47 GMT 4
Qatar International Islamic Bank informed that the Ministry of Economy and Commerce issued a decision to apply a financial penalty of QAR 1 million against the bank.The penalty is in accordance with Clause (324) of Commercial Corporates’ Law issued by decree No. (11) for the year 2015. The bank said it is in the process of filing necessary legal proceedings to counter this decision.