Baladna Rights Issue Subscription

Baladna Rights Issue subscription available through the QIB Mobile App and selected QIB branches

Qatar Islamic Bank (QIB) is participating as a receiving bank in the Baladna Q.P.S.C. Rights Issue, enabling eligible individual and corporate customers to subscribe conveniently through the QIB Mobile App or at selected QIB branches.

Eligible customers can subscribe for up to the number of Baladna Subscription Rights registered under their investor account, subject to the terms, conditions, eligibility requirements and deadlines stated in the official Rights Issue Prospectus.

Subscribe to the Baladna Rights Issue

Eligible Baladna Subscription Rights holders can complete their subscription quickly and securely through the QIB Mobile App or visit one of the selected QIB branches.

View the Rights Issue Prospectus

Rights Issue at a Glance

Details Information
Issuer Baladna Q.P.S.C.
Subscription price QAR 1.01 per new share
Subscription entitlement One new share for each Subscription Right held
Subscription period starts Tuesday, 4 August 2026
Subscription deadline Monday, 17 August 2026 at 1:00 PM Doha time
Expected issuance of new shares 26 August 2026
Main subscription channel QIB Mobile App
Additional channel Selected QIB branches

Applications and subscription funds must be successfully received by the applicable deadline. Applications received after 1:00 PM Doha time on 17 August 2026 will not be accepted.

Who Is Eligible to Subscribe?

You may be eligible to subscribe if you are a natural person or legal entity holding Baladna Subscription Rights at the end of the Rights trading period on Monday, 3 August 2026.

This includes customers who:

  • Received Subscription Rights as Baladna shareholders registered with EDAA at the close of trading on Monday, 27 July 2026.
  • Purchased Baladna Subscription Rights during the Rights trading period from Tuesday, 28 July until Monday, 3 August 2026.

Each Subscription Right entitles its holder to subscribe for one new Baladna share at QAR 1.01.

Customers must ensure that their investor account information is complete, active and up to date with EDAA. Incomplete or inactive investor records may prevent the customer from completing the subscription.

Individual Customers

Individual customers must submit their own subscription applications.

A parent or legal guardian may also subscribe on behalf of minors under their legal guardianship.

Corporate Customers

Corporate customers must submit the subscription in the name of the company holding the Subscription Rights. The application and payment must be completed using the company’s authorised arrangements and supporting documents.

How to Subscribe

Option 1: QIB Mobile App

The QIB Mobile App is the fastest and most convenient way for eligible QIB individual customers to subscribe.

Subscription Steps

  1. Log in to the QIB Mobile App. Tap on More
  2. Access the “Rights Issue” subscription service
  3. Review Your Eligibility & Tap on Subscribe
  4. Select the QIB account to be debited.
  5. Enter the number of new shares you wish to subscribe for, within your available entitlement.
  6. Approve the Terms & Conditions
  7. Submit the application and retain the confirmation for your records.

Customers may subscribe for all or part of their available entitlement. They cannot subscribe for more new shares than the number of Subscription Rights held under the relevant investor account.

Subscribing for Minors

Eligible individual customers can use the QIB Mobile App to submit a subscription for themselves and on behalf of eligible minors under their legal guardianship.

The payment for a minor’s subscription may be made by the minor’s legal guardian. Payments made by another person are not permitted unless the payment is made by a legal guardian on behalf of the eligible minor.

  • Log in to the QIB Mobile App.
    Tap on the More menu.
  • Access “Rights Issue.”
  • Tap “Add Dependent,” then review existing dependents. If the dependent doesn’t exist, tap “Add New Dependent.”
  • Fill in the details (dependent’s QID number, QID expiry date, date of birth, relationship).
  • Upload supporting documents (QID or Passport).
  • Confirm the details, then wait for the request status update — you will receive an SMS.
  • Once approved, you can proceed with the subscription steps.:

Open QIB Mobile App

Option 2: Selected QIB Branches

Customers who are unable to subscribe digitally may visit one of the following selected QIB branches during standard branch working hours:

Branch
Old Airport Road Branch
Al Rayyan Branch
QMall Branch
Corporate Branch

Customers visiting a branch must submit the original signed subscription application and all applicable supporting documents.

We recommend subscribing through the QIB Mobile App whenever possible to avoid waiting times and ensure the application is submitted before the deadline.

Corporate customers must visit the Corporate branch to submit the subscription application.

Find a QIB Branch

Documents Required for Branch Subscriptions

Supporting documents are required for physical applications submitted at a QIB branch. Customers subscribing digitally must complete the required information through the QIB Mobile App.

Individual Customers

Qatari individuals must provide:

  • Valid Qatar ID.

Residents must provide, where applicable:

  • Valid Qatar ID.
  • Valid passport.

Minors

For subscriptions submitted on behalf of a minor, the following must be provided:

  • Minor’s valid Qatar ID, passport or birth certificate showing the personal identification number.
  • Valid Qatar ID or passport of the legal guardian or trustee.

Companies Established in Qatar

The company must provide the applicable documents, including:

  • An official extract of the valid Commercial Registration; or
  • A valid QFC, QFZ or QSTP licence, as applicable; or
  • A copy of the valid computer card.
  • A valid Qatar ID or passport of the authorised signatory.
  • A company authorisation letter where authority has been delegated.

Companies Established Outside Qatar

The company must provide:

  • An official extract of the valid commercial registration, certificate of incorporation or an equivalent incorporation document recognised in its jurisdiction.
  • The applicable authorised-signatory and delegation documents.

All physical applicants must also provide evidence confirming ownership of the relevant Subscription Rights.

Important Subscription Information

Before submitting your application, please note the following:

  • The subscription price is QAR 1.01 for each new share, comprising a nominal value of QAR 1.00 and an issuance premium of QAR 0.01.
  • Each Subscription Right entitles the holder to subscribe for one new share.
  • You may subscribe for all or part of your entitlement.
  • You cannot subscribe for more shares than the Subscription Rights held under your investor account.
  • The full subscription amount must be available and successfully debited or transferred before the deadline.
  • The subscriber and payer must be the same person or legal entity, except where a legal guardian pays on behalf of an eligible minor.
  • One payment instruction cannot be used to pay for multiple subscribers.
  • Multiple payment instructions should not be used for one subscription application.
  • Incomplete applications, incorrect information or missing documents may result in rejection.
  • Once submitted, a subscription application cannot be cancelled by the subscriber.
  • Subscription Rights that are not exercised may expire, subject to the treatment described in the Prospectus.
  • QIB’s role is limited to acting as a participating receiving bank and facilitating the submission and payment of subscription applications.

Before You Subscribe

Customers should carefully read the official Baladna Rights Issue Prospectus before making a subscription decision. The Prospectus contains important information on:

  • Eligibility and subscription conditions.
  • Trading and exercising Subscription Rights.
  • The company’s proposed capital increase.
  • Payment and share-allotment arrangements.
  • Potential dilution.
  • Risk factors associated with the Rights Issue and the new shares.
  • Tax and regulatory considerations.

The information provided on this page is a summary for customer convenience and does not replace the official Prospectus or constitute investment, legal, tax, accounting or financial advice.

Download the Baladna Rights Issue Prospectus

Disclaimer

QIB is acting solely as a Participating Receiving Bank for the Baladna Rights Issue.

The content of this page is provided for general information and customer convenience only. It is not an offer, recommendation or invitation to buy, sell or subscribe for securities and does not constitute investment, legal, tax, accounting or other professional advice.

Eligibility, subscription, payment, allocation and issuance are subject to the official Baladna Rights Issue Prospectus, applicable regulations, successful verification and availability of sufficient funds. In the event of any inconsistency between this page and the Prospectus, the Prospectus shall prevail.

Customers are responsible for reviewing the Prospectus and obtaining independent professional advice where required before making an investment decision.

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