QIB Profit Reaches QAR 3,525.2 Million for the Nine Months Ended 30 September 2026

Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the nine months’ period ended 30 September 2026. Net Profit attributable to the Shareholders of the Bank amounted to QAR 3,525.2 Million for the nine months’ period ended 30 September 2026 representing an increase of 2.0% over the same period in 2025.

Basic earnings per share for the nine months period ended 30 September 2026 is QAR 1.49 compared to QAR 1.46 for the nine months period ended 30 September 2025. 

Total Assets of the Bank as at 30 September 2026 stands at QAR 235.5 Billion representing a growth of 6.5% compared to QAR 221 Billion as at 31 December 2025 and up by 9.7% compared to 30 September 2025. Financing assets as at 30 September 2026 reached QAR 160.7 Billion, registering a robust growth by 16.1% compared to December 2025 and up by 21.9% compared to September 2025. Investment Securities reached QAR 59.8 Billion as at 30 September 2026. Customer Deposits stand at QAR 145 Billion as at 30 September 2026 registering a growth of 1.6% compared to December 2025 and up by 8.3% compared to September 2025.

Total Income for the nine months’ period ended 30 September 2026 reached QAR 8,519.7 Million. Net income from financing and investing activities stand at QAR 7,659.2 Million for the nine months’ ended 30 September 2026. Net fee and commission income reached QAR 699.8 Million registering a growth of 5.0% compared to the same period in 2025.

Total Operating Expenses for the nine months’ period ended 30 September 2026 was QAR 844.6 Million. Efficient cost containment enabled the Bank to maintain the 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. QIB 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 at 30 September 2026.

Total Shareholders’ Equity of the Bank as at 30 September 2026 stands at QAR 31.9 Billion representing a growth of 7.7% compared to QAR 29.6 Billion as at 31 December 2025 and up by 12.2% compared to 30 September 2025. Total Capital adequacy of the Bank as per the new guidelines of QCB is 23.6% as at 30 September 2026, higher than the minimum regulatory requirements prescribed by Qatar Central Bank and Basel Committee.  

In June 2026 Moody’s Investors Service, (“Moody’s”) affirmed the Long-term deposit ratings at ‘A1’ with a stable outlook. In September 2026, Fitch Ratings affirmed QIB credit rating at ‘A’. In March 2026, Capital Intelligence Ratings (CI) has affirmed the Bank’s Long-term rating to ‘AA-’ with a stable outlook.

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 recognized by Euromoney and Global Finance, which named the Bank 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 3 regional and 8 Qatar awards. Global Finance also recognized QIB at its AI in Finance Awards 2026, naming it 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.

These recognitions reinforce QIB’s position as one of the region’s leading banks and reflect its continued ability to deliver innovative, Shari’a-compliant financial solutions while creating sustainable value for its customers and stakeholders.