AlRayan Bank reported a net profit of QR978mn in the first nine months of 2026.
Total assets for the period reached QR184.4bn, up 5% year-on-year (y-o-y), driven by an 8% increase in investment securities to QR50.3bn and financing assets. Financing assets increased by 2% y-o-y to QR115.9bn, mainly from corporate and international operations.
Customer deposits stood at QR122.8bn, reflecting an 8% y-o-y growth driven by contributions from both CASA and non-CASA deposits.
Net operating income for 9M 2026 stood at QR2.44bn, which declined 10% y-o-y mainly due to lower other income (recoveries). Net profit 2026 of QR978mn for 9M declined 26% y-o-y, primarily from lower net operating income and the impact of global minimum taxes, partly offset by lower impairments. Net profit margin declined 5bps y-o-y to 1.48% in 9M 2026 and narrowed 4bps QoQ.
Cost-to-income ratio for 9M 2026 stood at 30.7%, a 3.8ppts increase y-o-y, while cost of risk for the same period was 0.60% or a 12bps reduction y-o-y. Return on equity was 5.4%, a 1.9ppts decrease y-o-y. NPF ratio at 5.1%, improved by 26bps y-o-y, while
The bank reported a Tier 1 ratio of 24.4%, a Capital Adequacy Ratio (CAR) of 25.6%, a Liquidity Coverage Ratio (LCR) of 157.2%, and a Net Stable Funding Ratio (NSFR) of 110.3%.
AlRayan Bank chairman His Excellency Sheikh Mohammed bin Hamad bin Qassim al-Thani said, “The group continued to build on its strong foundations during the nine months of 2026, demonstrating the resilience of our diversified franchise in a challenging regional environment. Our strategic priorities remain focused on disciplined growth, customer excellence and innovation.
“Under our LEAD strategy, we are now scaling execution across our priority areas, with early results reflected in a stronger funding base and an improving financing mix. By maintaining a disciplined approach to growth, risk management and execution, we remain well positioned to create long-term value for our shareholders and support the economic development of Qatar.”
Omar al-Emadi, acting CEO, said: “AlRayan Bank continued to make steady progress during the nine months of 2026, supported by growth in our financing portfolio, investments and customer deposits, together with continued improvement in asset quality.
“Our core banking business continued to perform well. Net financing and investment income grew 1% y-o-y, and 7% in the third quarter, supported by greater pricing discipline. Our CASA ratio rose 2.7ppts to 20.1%, strengthening our funding base.”
