Qatar Islamic Bank (QIB) said on 10 September that it received three recognitions at Global Finance’s 2026 AI in Finance Awards. The bank listed Best Corporate Bank for AI in Finance in Qatar and Best AI in Payments in Qatar and the Middle East among the honours. QIB said the awards highlighted Merchant Analytics, a solution it uses to support corporate banking and merchant-acquiring services.

The bank describes the tool as giving its teams greater visibility into merchant performance and business trends, with analytics and reporting intended to support decisions, merchant engagement and opportunity identification. The announcement provides no methodology, accuracy rate, user count or measured financial impact, so the award and benefit claims remain the bank’s account. QIB also said it aims to develop secure, scalable AI capabilities; the release does not announce a specific new product launch or an independent performance assessment.