Doha, Qatar: Chairman of the Board of Directors of Qatar International Islamic Bank (QIIB), Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, has announced the Bank’s financial results for the period that ended on September 30, 2026.
The financial statements reflect sustained momentum and robust growth across all business lines, further bolstering QIIB’s position among the leading Islamic financial institutions in Qatar and the region.
The announcement followed a meeting of the Board of Directors, chaired by Sheikh Dr. Khalid bin Thani, dedicated to reviewing and approving the third quarter (Q3) 2026 financial statements.
The results revealed a third quarter net profit of QR1,115m representing a year-on-year (YoY) growth of 1.5%.
Commenting on the results, Sheikh Dr. Khalid bin Thani stated: “We are pleased to report stellar financial performance for the third quarter of 2026. These results are the culmination of relentless execution and a well-balanced strategy anchored in sound management, robust governance, and prudent risk practices.
“We remain committed to strengthening the Bank’s balance sheet, mirroring the resilience and prosperity of the Qatari economy under the wise leadership and visionary guidance of His Highness Sheikh Tamim bin Hamad al-Thani, the Amir of the State of Qatar—may Allah protect him.”
He added: “The financial indicators demonstrate that QIIB is progressing with clear foresight in executing its strategic objectives. We adhere strictly to the highest standards of Islamic banking, benchmarked against global best practices.
“Concurrently, we continue to invest in nurturing national talent and building state-of-the-art digital infrastructure to meet the evolving aspirations of our clients and market dynamics.”
Sheikh Dr. Khalid bin Thani further emphasized: “Over the past period, QIIB has maintained its strong credit standing, endorsed by top international rating agencies, who have lauded our firm financial foundation, robust capital adequacy, superior asset quality, and healthy liquidity profile. These accomplishments underscore our ability to harmonize growth ambitions with disciplined risk oversight.”
He also highlighted the ongoing operational enhancements and said, “The Bank has made notable strides in streamlining operations and optimizing cost structures through the accelerated expansion of digital banking channels. The qualitative leap in our modern service delivery platform has directly translated into heightened operational efficiency, superior profitability, and sustained commercial growth.”
In conclusion, Sheikh Dr. Khalid bin Thani extended his gratitude to the Executive Management and all employees for their dedication and noted, “These collective efforts continue to fortify QIIB’s reputation as a premier banking institution delivering a world-class customer experience while creating sustainable value for our shareholders and the national economy.”
For his part, QIIB Chief Executive Officer Dr Abdulbasit Ahmad Al-Shaibei provided a detailed overview of the financial results for the period ended September 30, 2026.
Total income reached QR2,461m, while total assets expanded to QR63.6bn, representing 5% growth compared to the corresponding period last year.
The total financing portfolio grew by 6.9%, reaching QR44.1bn.
Dr Al-Shaibei noted, “Customer deposits reached QR43.2bn, marking a growth rate of 2.0%, while total equity rose to QR10.64bn, up by 7.9 % YoY.
“Cost-to-income efficiency remained outstanding at 18.7%, maintaining its position as one of the best efficiency ratios in the Qatari banking sector. Furthermore, asset quality remained exceptionally strong, with non-performing financing (NPF) ratio standing at 3.0% and a coverage ratio of 90.6%.
Capital Adequacy Ratio (CAR) reached 22.4%, comfortably exceeding the regulatory requirements set by the Qatar Central Bank (QCB), which is a testament to our capital strength and effective risk mitigation framework.”
Dr. Al-Shaibei pointed out, “Throughout the preceding period, our focus remained aligned with the Board’s directives to optimize operational performance and elevate service delivery. Our digital transformation roadmap achieved key milestones, with a significant shift of retail and corporate transactions toward digital touchpoints, enhancing agility and customer satisfaction.”
The CEO reiterated that QIIB’s strategic priority remains focused on the domestic market: “We actively collaborate with key national economic sectors to finance bankable, high-impact projects."
"We place particular emphasis on corporate banking as well as Small and Medium Enterprises (SMEs), recognising their pivotal role in driving comprehensive economic development.”
Dr. Al-Shaibei also noted the international recognition earned throughout 2026 “QIIB’s dedication to innovation, sustainability, and Islamic banking excellence has been recognized with prestigious awards, including ‘Best Sustainable Islamic Finance Bank’, ‘Excellence in Islamic Banking Product Innovation’, ‘Best Mobile Banking App Experience’, ‘Best Digital Solutions, and Outstanding Corporate Banking Services’.
"These accolades reflect our advanced operational infrastructure and industry leadership," he added.
