Doha: Qatari newspapers on Tuesday spotlighted significant local and international developments, focusing on a new report by DinarStandard and Ellipsis, in cooperation with the Qatar Financial Centre (QFC).
According to Qatar News Agency, the report revealed that Qatar has emerged as the sixth largest Islamic financial technology (FinTech) hub worldwide and holds seventh place for the most supportive ecosystems for the sector. The findings highlight Qatar as a preferred destination for companies seeking a secure and innovative business environment.
The newspapers commended Qatar's steady advancements in Islamic FinTech, noting the country's increasing influence in the global Islamic finance landscape. This progress aligns with broader transformations in the Islamic economy, driven by digitalization and financial innovation. The editorial coverage also highlighted the Education Above All (EAA) Foundation's launch of the third edition of the "Eid Gifts" campaign, in collaboration with the Qatar Red Crescent (QRCS), aimed at bringing joy to Palestinian and Syrian children through new Eid outfits.
Al-Raya, in its editorial titled "Qatar: A Global Hub for Islamic Finance," emphasized the growing demand for Shariah-compliant financial solutions and Qatar's successful integration of Islamic principles with technological efficiency. It lauded Qatar as a model of development and a major global center for Islamic finance, attributing this to the country's strategic location, demand for Islamic financial services, conducive operational climate, and robust regulatory framework. The editorial underscored the significance of the Third National Development Strategy and Qatar National Vision 2030 in driving sustained economic growth and diversification in the sector.
The editorial further praised national institutions, particularly the Qatar Financial Centre, for fostering an environment conducive to sectoral growth, aligning with national strategies to enhance financial sector efficiency and diversify income sources. It stressed that this growth transcends numerical indicators, reinforcing Qatar's leadership in the global dialogue on the future of Islamic finance and its ability to align ethical foundations with modern economic demands.
Al-Raya concluded that with the potential growth of the Islamic fintech market, Qatar remains committed to innovation, capacity building, and knowledge development to solidify its position as a global Islamic economic hub and achieve sustainable development and financial stability.
Al-Arab newspaper, in its editorial "Success Reflecting Economic Wisdom," echoed similar sentiments, stating that the Global Islamic Fintech (GIFT) Report 2025-2026 underscores Qatar's success in building a diversified and sustainable economy. This achievement is attributed to Qatar's long-standing economic policies under Qatar National Vision 2030, which balance strict regulation with the flexibility needed for innovation, attracting startups without compromising Shariah compliance.
Al-Arab concluded by affirming Qatar's status as a favored destination for companies seeking security and innovation. By establishing itself as a global center for Islamic fintech, Qatar reinforces its role in the global digital economy. The paper highlighted this accomplishment as more than a statistical milestone, but as proof of a strategic vision that transforms challenges into opportunities.