CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QIIB holds Ordinary General Assembly meeting for fiscal year 2025

Published: 29 Mar 2026 - 10:23 am | Last Updated: 29 Mar 2026 - 10:25 am
Chairman of the Board of Directors of QIIB Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, CEO of QIIB Dr. Abdulbasit Ahmed A Al-Shaibei with other officials during the Ordinary General Assembly meeting.

Chairman of the Board of Directors of QIIB Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, CEO of QIIB Dr. Abdulbasit Ahmed A Al-Shaibei with other officials during the Ordinary General Assembly meeting.

The Peninsula

Doha, Qatar: Qatar International Islamic Bank (QIIB) held its Ordinary General Assembly meeting for shareholders for the fiscal year 2025 on the evening of Thursday, March 26, 2026, at 5:00 PM.

The meeting was chaired by Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani Chairman of the Board of Directors. The legal quorum met in the first meeting, and after discussing the agenda items which were approved by the shareholders in the AGM.

The AGM of shareholders approved the Board of Directors’ report on the Bank’s activities and financial position for the fiscal year ended 31/12/2025, as well as the Bank’s future plans. The report of the Bank’s Sharia Supervisory Board for the fiscal year 2025 was presented by the Chairman of the Sharia Supervisory Board.

Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani Chairman of the Board of Directors said, “It is my pleasure, on behalf of myself and my fellow members of the Board of Directors, to present to you the annual report of Qatar International Islamic Bank (QIIB) for the year 2025. The year 2025 once again underscored the strength and resilience of the Qatari economy.”

Qatar continued its trajectory of progress and prosperity, by the grace of Allah and under the prudent policies and forward-looking strategies adopted by the government and regulatory authorities to support and sustain growth across various sectors of the national economy.

This progress has been guided by the vision and leadership of the Amir H H Sheikh Tamim bin Hamad Al-Thani.

Against this backdrop of continued economic momentum, QIIB aligned its performance in 2025 with the broader progress witnessed in the country, successfully strengthening its financial indicators. The Bank remained firmly focused on the Qatari market, capitalising on the significant opportunities offered by the national economy.

Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani noted by effectively navigating challenges and responding proactively to market developments, the Bank continued to execute its phased strategic plans.

During 2025, the Bank’s operational performance also witnessed notable advancement, reflecting the continued success of its digital transformation strategy. QIIB achieved significant milestones in this area and actively pursued partnerships with leading global technology companies to further strengthen its digital capabilities.

Recognising the vital role of SMEs in economic diversification and job creation, QIIB remains committed to empowering entrepreneurs who represent a key pillar in building a sustainable and dynamic future.

Sheikh Dr. Khalid said, the strong performance achieved by QIIB in 2025 was further reflected in the assessments issued by leading international credit rating agencies, which reaffirmed the Bank’s strong standing by assigning it prestigious credit ratings.

By the end of 2025, the Bank’s total assets reached QR62.6bn. Total revenues amounted to QR3,440m, compared to QR3,519m at the end of the previous year.

Meanwhile, total equity rose to QR10.1bn by the end of 2025, up from QR9.6bn at the end of 2024, representing a 4.7% growth.

By the end of the year, the Bank’s capital adequacy ratio stood at 20.1%, exceeding regulatory requirements. This reflects the strength and resilience of QIIB’s financial position, particularly in the face of potential risks

The Bank recorded a net profit of QR1,351m, compared to QR1,260m in 2024, achieving a growth rate of 7.2%. Meanwhile, earnings per share reached QR0.82.

The Board of Directors has recommended to the Ordinary General Assembly of Shareholders the distribution of an additional cash dividend, in addition to that already distributed for the second half of 2025, of 29% of the paid-up capital, amounting to QR439m.

This brings the total cash dividend distribution for the year to 53% of the paid-up capital, totaling QR802m, subject to approval by the General Assembly.

Once approved, the dividends will be disbursed through the legally authorised entity, Edaa, which will ensure the distribution of these dividends to eligible shareholders in accordance with the procedures followed previously, he added.

QIIB is currently working on updating these policies to align with the QFMA’s Board Resolution No. (5) of 2026, to further strengthen the legal framework for implementing best practices in governance, transparency, and sound management.

In conclusion, Sheikh Dr. Khalid said, “I would like to extend my deepest gratitude and appreciation to H H Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, may Allah protect and bless him, for his unwavering support, encouragement, and esteemed patronage of the private sector.”

For his part Dr. Abdulbasit Ahmed A Al-Shaibei, CEO of QIIB said, during the financial year 2025, QIIB recorded a number of significant achievements, sustaining a steady and well-balanced growth trajectory that further strengthened the Bank’s financial position and reinforced its standing within the banking sector.

By year-end, QIIB recorded a net profit of QR1.35bn, reflecting a growth rate of 7.2% compared with 2024. Earnings per share reached QR0.82, underscoring the Bank’s ability to generate sustainable value for its shareholders.

Total assets reached QR62.6bn, while net financing assets grew by 6.7% to QR42bn. Customer deposits also continued to grow, reaching QR43.3bn, reflecting the increasing confidence of our clients and QIIB’s success in delivering integrated, Shariah-compliant banking solutions that meet the needs of both individuals and corporate.

During 2025, QIIB continued to enhance its operational efficiency, recording a cost-to-income ratio of 18.6%.

Al-Shaibei said, QIIB also maintained the quality of its financing portfolio, with the non-performing financing ratio at 2.9% and a coverage ratio of 100%, underscoring the effectiveness of the Bank’s risk management framework.

Total equity reached approximately QR10.1bn by the end of 2025, while the capital adequacy ratio under Basel III stood at 20.1%. This level exceeds regulatory requirements and reflects the strength of the QIIB’s financial position and its ability to respond efficiently to various market developments.

The year also marked notable progress in QIIB’s digital transformation journey. The Bank continued to intensify its investments in developing its technological infrastructure, enhancing digital channels, and expanding the range of services available through mobile and internet banking, Al-Shaibei added.

The AGM of Shareholders approved by acclamation the appointment of 11 members of the Board of Directors for the upcoming term 2026–2028, as follows: Medicare Group, represented by Sheikh Khalid Thani Abdullah Al Thani, Bright Side for Trading Company is represented by Sheikh Abdullah Thani Abdullah Al Thani, Inma Holding Company is represented by Rashid Nasser R S Al Kaabi, Qatar Islamic Insurance Group is represented by Sheikh Turki Khalid Thani Al Thani, Al Kara Trading Company, represented by Sheikh Thani Abdullah Thani Al Thani, Al- Nayra for Investment Company, represented by Sheikh Abdullah Khalid Thani Al Thani, Fasyl for Business and Real Estate Company, represented by Dr. Ayed Dabsan E A Al-Qahtani, Danat Al-Safa Investment Company is represented by Dr. Jaafar Ali Al-Sarraf, Mubarak Abdullah Mohammed Al-Sulaiti – Independent candidate, Shaheen Jassim Hamad Al-Sulaiti – Independent candidate, Ezzat Mohammed Rashid Al-Rashid – Independent candidate. The AGM of Shareholders approved the renewal of the existing Sukuk issuance program amounting to $2bn, authorizing the Board of Directors to determine the size, terms, and currency of each issuance based on the Bank’s needs and after obtaining the necessary regulatory approvals.

It approved the recommendation to issue new capital Sukuk not exceeding $500m, eligible for inclusion in Tier 1 capital, in accordance with supervisory requirements, authorizing the Board of Directors to determine the size, terms, and currency of the issuance after approval by the Qatar Central Bank.

It also approved the establishment of a new Sukuk program in Qatari Riyals not exceeding QR2bn, in accordance with supervisory requirements, authorising the Board of Directors to determine the size and terms of each issuance after approval by the Qatar Central Bank.

Following the conclusion of the General Assembly meeting of shareholders, a Board of Directors meeting was held. Sheikh Dr Khalid bin Thani bin Abdullah Al Thani was elected as Chairman of the Board of Directors and Sheikh Abdullah Thani Abdullah Al Thani Vice Chairman and Managing Director of the Board of Directors.