Qatar Islamic Bank’s (QIB) net profit for the first nine months of 2026 amounted to QR3.53bn, up 2.0% over the same period in 2025.
Basic earnings per share for the period stood at QR1.49 compared to QR1.46 in 2025. Total assets as of September 30, 2026, reached QR235.5bn, representing a growth of 6.5% from QR221bn as of December 31, 2025, and up by 9.7% compared to September 30, 2025.
Financing assets for the period reached QR160.7bn, registering robust growth of 16.1% compared to December 2025, and up by 21.9% compared to September 2025.
Investment securities reached QR59.8bn as of September 30, 2026. Customer deposits stood at QR145bn for the period, registering a growth of 1.6% compared to December 2025, and up by 8.3% compared to September 2025.
Total income in the first nine month of 2026 reached QR8.52bn. Net income from financing and investing activities stood at QR7.66bn. Net fee and commission income reached QR699.8mn, registering a 5.0% growth compared to the same period in 2025.
Total operating expenses for the period was QR844.6mn. Efficient cost containment enabled the bank to maintain cost-to-income ratio to 16.2%, which continues to be the lowest in the Qatari Banking sector.
QIB was able to manage the ratio of non-performing financing assets to total financing assets at 1.51%, one of the lowest in the industry, reflecting the quality of the bank’s financing assets portfolio and its effective risk management framework.
The bank continues to pursue the conservative impairment policy by building precautionary impairment charge for financing assets, other assets, and other provisions and maintain a healthy coverage ratio for non-performing financing assets to 95.1% as of September 30, 2026.
Total shareholders’ equity for the period stood at QR31.9bn, representing a 7.7% growth compared to QR29.6bn as of December 31, 2025, and up by 12.2% compared to September 30, 2025.
The bank’s total capital adequacy as per the new guidelines of the Qatar Central Bank is 23.6% as of September 30, 2026, higher than the minimum regulatory requirements prescribed by the QCB and the Basel Committee.
During the first nine months of 2026, QIB continued to demonstrate strong performance and leadership in the banking sector, earning multiple prestigious awards that reflect its commitment to innovation and sustainable growth.
QIB’s strong performance was recognised by Euromoney and Global Finance as ‘Qatar’s Best Bank’ and ‘Best Bank in Qatar’, respectively, reflecting its continued growth and leadership in the banking sector.
Among its other notable achievements, Global Finance named QIB ‘Best Consumer Digital Bank in the Middle East’ for 2026, alongside 10 additional digital banking awards, bringing its total to 11 awards across consumer and corporate digital banking, including three regional and eight Qatar awards.
Global Finance also recognised QIB at its AI in Finance Awards 2026 as ‘Best Corporate Bank for AI in Finance in Qatar’ and ‘Best AI in Payments in Qatar and the Middle East’, recognizing the bank’s innovative application of artificial intelligence in corporate banking and payment solutions.
The recognitions reinforce QIB’s position as one of the region’s leading banks and reflect its continued ability to deliver innovative, Shariah-compliant financial solutions while creating sustainable value for its customers and stakeholders.
