Doha, Qatar: Dukhan Bank convened its Ordinary Annual General Meeting (AGM) yesterday via video conferencing through the Zoom application. The meeting was chaired by Sheikh Abdulla bin Fahad bin Jassim Al-Thani, Chairman of the Board of Directors, in the presence of 86.46% of the Bank’s shareholders.
During the AGM, all the items on the agenda were discussed, including listening to and endorsing the Board of Director’s Report on the results of the Bank and financial statements for year ended December 31, 2025, and discussion of the plan for the year 2026.
The meeting addressed the Dukhan Bank Governance Report for the year 2025, adopted the Sharia Supervisory Board report for the fiscal year ended December 31, 2025, and endorsed the external auditors’ report on the bank’s balance sheet and financial statements for the fiscal year ended December 31, 2025. It also discussed and approved of the Bank’s balance sheet and profit and loss for the fiscal year ended December 31, 2025 and validated them.
The AGM approved the Board’s proposal to distribute an additional cash dividend of 8% of the nominal value per share, equivalent to QR0.08 per share, for the second half of the fiscal year ending December 31, 2025. This brings the total cash dividends for the fiscal year 2025 to 16% of the nominal value per share, equivalent to QR0.16 per share. The assembly absolved the Board members from liability for the year ended December 31, 2025 and approved the compensation prescribed to them.
The AGM also approved the renewal of the Sharia Supervisory Board of Dukhan Bank and its Group for a period of three years (2026–2028).
In addition, the General Assembly approved a series of strategic financing and capital optimization measures aimed at enhancing the Bank’s funding flexibility and supporting its long-term growth objectives.
Shareholders endorsed the increase of the aggregate maximum limit of the Bank’s mid-term sukuk issuance program from $2bn to $3bn, with the flexibility to issue sukuk through a special purpose vehicle established either within or outside Qatar, as determined by the Board of Directors.
The Assembly also authorized the Board to make necessary amendments to the program, including the replacement or redomiciliation of the current issuer, BBG Sukuk Ltd (Cayman Islands), to another suitable jurisdiction, including the Qatar Financial Centre, if required.
Furthermore, the assembly granted the Board of Directors full authority to manage and execute the sukuk program and any issuances there under within the approved limit, including updating program documentation, approving issuances, and undertaking all actions required for listing on relevant stock exchanges, subject to applicable regulatory approvals.
The Assembly also approved the issuance of capital instruments eligible for inclusion in Additional Tier 1 capital of up to QR4bn, provided that such instruments are not convertible into ordinary shares of the Bank.
Sheikh Abdulla bin Fahad bin Jassim Al-Thani, Chairman of the Board of Directors, presented a comprehensive report on the bank’s activities and financial outlook, highlighting the most significant results achieved in 2025.
The Bank recorded a net profit before the effect of Pillar 2 tax of QR1.41bn for the financial year ended 31 December 2025, representing an increase of 5% compared with 2024.
Furthermore, net profit, after taking into account the effect of Pillar 2 tax, amounted to QR1.26bn, with an Earnings Per Share of QR0.227, while the total income for the year stood at QR5.42bn and net income from financing activities reached QR4.8bn. In addition, the Bank’s total assets reached QR123.8bn, and financing assets increased to QR90bn, reflecting growth of 4% compared with2024.
Sheikh Abdulla further emphasized the Bank’s continued commitment to strong governance, disciplined risk management, and financial resilience, which remain central to its growth strategy and ensure sustainable and responsible development in line with its Islamic values.
Looking ahead, he affirmed that Dukhan Bank will continue to build on these solid foundations, with a focus on innovation, service excellence, and prudent growth, while prioritising the creation of sustainable value for all stakeholders and contributing to Qatar’s broader economic and social development.
Based on the decision of the Ordinary General Assembly of Dukhan Bank held yesterday to distribute additional cash dividends of 8% of the nominal value of the share to the shareholders, equivalent to QR0.08 per share. taking the total cash dividend for the financial year 2025 to 16% of the nominal share value (QR0.16 per share). Dukhan Bank is pleased to inform the honorable shareholders that their additional dividends for the fiscal year 2025 will be distributed from April 14, 2026.
The dividends will be deposited directly into the bank accounts of the shareholders whose details are registered with Qatar Central Securities Depository.
