Dukhan Bank Q.p.s.c. · QSE:DUBK
Dukhan Bank Q.p.s.c — Dukhan Bank — Investor Presentation (December 2025)
35 slides from Dukhan Bank Q.p.s.c's investor presentation, December 2025
Slide 1: Investor Presentation December 2025
Investor Presentation December 2025
Slide 2: Table of Contents
Table of Contents 1 Business Overview 2 Financial Performance Appendix 1
Slide 3: 1. Business Overview
uL_Aa cli D> DUKHAN BANK 1. Business Overview
Slide 4: Dukhan Bank – At a Glance
Dukhan Bank – At a Glance Leading Sharia compliant bank with a full suite of financial services Our Vision: Aim to be a bank of choice, preferred by customers for long-lasting partnerships, by shareholders for value creation, sought after by employees and renowned for service excellence Dec 2025 QAR
Slide 5: Dukhan Bank – Rich and Versatile History
Dukhan Bank – Rich and Versatile History Barwa Bank: Fastest growing sharia compliant Bank in Qatar with strong wholesale banking proposition Barwa Bank Barwa Bank Acquisition Acquired IBQ Al Khalid Al Initial Issued 4 private Barwa Ahmed Successfully was founded obtains license
Slide 6: Dukhan Bank – Overview
Dukhan Bank – Overview Overview of Dukhan Bank Financial summary Growth CAGR Net profit: The Group reported a net profit (before Pillar 2 tax) of QAR 1.41 billion for the FY Balance sheet, QAR’mn 2021 2022 2023 2024 2025 (YE'25 vs (YE’21- 2025, reflecting a 5% year-on-year growth, supported by a 6
Slide 7: Dukhan Bank – Four Principal Areas of Business
Dukhan Bank – Four Principal Areas of Business Treasury & Investments Wholesale banking Retail & Private Banking Subsidiaries Group Asset and liability management, trading Financing, deposits, trade finance, Financings, deposits, wealth management and investment activities and hedging & Three fully
Slide 8: Strong Government Linkage
Strong Government Linkage Strong alignment of objectives and interests between the State of Qatar and Dukhan Bank Government commitment via significant and stable shareholding… …coupled with substantial Govt. & GRE deposits contribution… QAR’bn x% Govt. & GREs deposits as percentage of total deposit
Slide 9: Experienced Board of Directors & Management Team
Experienced Board of Directors & Management Team Board of Directors Government Independent Representatives H.E. Sheikh Abdulla Bin Fahad Bin Jassim Al-Thani Sheikh Khalid Bin Hassan Bin Khalid Al-Thani Chairman of the Board of Directors Director Qatar Holding representative Mr. Abdulaziz Moham
Slide 10: Sustainability is Key Success Factor in Dukhan’s Business Model
Sustainability is Key Success Factor in Dukhan’s Business Model Dukhan Bank Sustainability Statement: Creating value through the integration of ESG (Environmental, Social and Governance) initiatives in our Business Model. As a Shariah compliant bank, we have much in common with ESG principles. Throu
Slide 11: Bank Strategy focuses on Customer Partnerships & Shareholder Value
Bank Strategy focuses on Customer Partnerships & Shareholder Value 1 Expansion of Wholesale Banking in Qatar with focus toward higher value added sectors 2 9 Attracting new talent and Build lead on Best-in-class retaining key personnel Private Banking pioneer position in Qatar 3 8 Effective capital
Slide 12: Key Investment Highlights
Key Investment Highlights 1 Strong government commitment via significant ownership, support and mutually beneficial relationship 2 Competitive market positioning 3 Proficient leadership with experienced management team and commitment to corporate governance 4 Strong brand in Islamic banking with ful
Slide 13: Dukhan Bank – Strong Credit Rating Profile
Dukhan Bank – Strong Credit Rating Profile Upgraded from– A- Dukhan Bank 5thto A by Fitch largest in bank Qatari March 2024 and 3rd by FitchIslamic bank in Qatar largest Fitch Ratings Moody’s LT Issuer Default Rating: A (Outlook Stable) LT Bank Deposits Rating: A2 (Outlook Stable) 18 June 2025 12 No
Slide 14: 2. Financial Performance
uL_Aa cli D> DUKHAN BANK 2. Financial Performance
Slide 15: Financial Highlights FY 2025
Financial Highlights FY 2025 Net Profit before Pillar 2 tax Net Banking income1 NPL Ratio QAR 1.41 billion QAR 2.83 billion Dec-25: 4.2% up +5% YoY Net Profit after Pillar 2 tax up +6% YoY (Dec-24: 4.6%) QAR 1.26 billion Net Financing Assets to CAR Deposits Ratio Dec-25: 18.2% Dec-25: 98.1% (Dec-24:
Slide 16: Balance Sheet Composition
Balance Sheet Composition Resilient and primarily deposit-funded balance sheet with a diversified client base Focus on core banking activities Pre-dominantly Qatar-focused balanced financing book Total assets vs. liabilities and equity - Dec 2025 (in QAR’bn) Breakdown of financing assets, Dec 2025 v
Slide 17: Financials – Dukhan has Consistently Outperformed the Market
Financials – Dukhan has Consistently Outperformed the Market Continuous strong growth under Assets and Income streams Total assets Net financing assets Customer deposits (1) QAR QAR QAR bn bn bn 87.8 90.0 123.8 86.2 83.4 117.9 114.4 78.0 77.4 110.7 77.6 75.2 75.7 74.5 106.3 2021 2022 2023 2024 2025
Slide 18: Profitability
Profitability Dukhan Bank is an efficient business with diversified income sources and robust net profit margin Constantly growing revenue base across …with a relatively healthy net profit margin1 …inclining however stabilising funding costs2 diverse income streams… despite challenging macro environ
Slide 19: Asset Quality
Asset Quality Strong risk-management culture and prudent provisioning policy Commentary Prudent risk management… Cost of risk1 (in bps) – net impairment charge over average net financing assets Considering the global economic circumstances, Dukhan Bank has shown resilience The Bank has been clos
Slide 20: Asset Quality (continued)
Asset Quality (continued) Prudent overall coverage with staging aligned with the Qatari Banking Sector Portfolio Breakup Portfolio Breakup As at 31 Dec 2025 Stage I Stage II Stage III Total As at 31 Dec 2024 Stage I Stage II Stage III Total Financing assets 85.9% 9.9% 4.2% 100.0% Financing assets 85
Slide 21: Capital, Funding and Liquidity
Capital, Funding and Liquidity Robust capital structure with optimal funding and healthy liquidity position Well diversified funding base Granular deposit base with significant contribution from private banking & the public sector(1) Funding breakdown (Dec 2025) Deposits breakdown by sector (Dec 202
Slide 22: Dividend History
Dividend History Consistently being one of the highest Pay-out ratio among peers on the back of robust capital & strong profitability Dividend distribution (in QAR'mn) 70% 68% 68% 66% (2) 63% 62% 58% 55% (1) 51% 831 831 834 835 727 2H-25: QR 418mn 520 520 QR0.8 415 444 per share 1H-25: QR 417mn QR0.
Slide 23: Dukhan Bank’s competitive positioning vs. Qatari peers
Dukhan Bank’s competitive positioning vs. Qatari peers Dukhan Bank – 5th largest Qatari bank and 3rd largest Islamic bank in Qatar Total Assets Total Loans Total Deposits Net profit (QAR’ billions; as at 30-Sep-25) (QAR’ billions; as at 30-Sep-25) (QAR’ billions; as at 30-Sep-25) (QAR’ millions; 9M’
Slide 24: Appendix
uL_Aa cli DUKHAN BANK Appendix
Slide 25: Ownership Structure
Ownership Structure Shares outstanding 5,234,100,000 Ownership structure General Retirement and General Retirement and Al Sanad Trading Co and Broog Trading Co Social Insurance Social Insurance Qatar Holding Other Shareholders related entities Authority Authority 33.38% 13.47% (Pension fund) (Milita
Slide 26: Ownership Structure
Ownership Structure As at 31-Dec-2025 Ownership % Number of Shareholders 100.0% 100.0% 2,627 3,045 94.3% 2,500 92.5% 87.6% 2,229 90.0% 2,138 80.0% 2,000 70.0% 60.0% 1,500 50.0% 40.0% 1,000 748 30.0% 20.0% 438 418 500 310 4.9% 6.50%6.7% 5.7% 10.0% 0.7% 0.5% 0.2% 0.22% 91 68 51 17 0.0% Qatar GCC Forei
Slide 27: Share Price Movement
Share Price Movement From Listing Date till 31-Dec-2025 YTD Average All Time High All Time Low Close (31-Dec-25) Share Price* 3.584 4.350 2.838 3.496 4.5 180 4.3 160 4.1 140 3.9 120 3.7 100 3.5 80 3.3 60 3.1 2.9 40 2.7 20 2.5 0 Oct-25 Oct-24 Apr-25 Oct-23 Apr-24 Nov-25 Dec-25 Apr-23 Nov-24 Dec-24 Ju
Slide 28: Snapshot of the Consolidated Statement of Financial Position
Snapshot of the Consolidated Statement of Financial Position (in QAR‘ mn) YE 2021 YE 2022 YE 2023 YE 2024 YE 2025 Cash and balances with Qatar Central Bank 7,246 6,425 3,645 3,639 5,124 Due from banks 5,559 1,500 11,072 5,811 1,094 Financing assets 75,222 75,677 77,585 86,212 90,013 Investment secur
Slide 29: Snapshot of the Consolidated Statement of Income
Snapshot of the Consolidated Statement of Income For the year ended 31 December (in QAR ‘mn) 2021 2022 2023 2024 2025 Net income from financing activities 2,933 3,216 4,666 5,190 4,776 Net income from investing activities 682 756 957 1,089 1,035 Total net income from financing and investing activiti
Slide 30: Dukhan Bank has an Award Winning Customer Service Proposition
Dukhan Bank has an Award Winning Customer Service Proposition Awards and Acclamations Best Digital Transformation in the MENA Region at the 2025 MEED Banking Excellence Awards for Retail, Digital, and SME Sustainability Award from the Ministry of Environment and Climate Change at the Qatar Susta
Slide 31: Dukhan Bank has an Award Winning Customer Service Proposition
Dukhan Bank has an Award Winning Customer Service Proposition 30
Slide 32: Qatar Macro Overview
uL_Aa cli D> DUKHAN BANK Qatar Macro Overview
Slide 33: Hydrocarbons underpin a Strong Economy
Hydrocarbons underpin a Strong Economy Hydrocarbon reserves per capita (2021) Qatar’s current and expected share of global LNG market 160 144 K barrels of oil equivalent (boe) 140 700 600 Million metric tons p.a. 120 600 100 500 365 Phase 3 80 400 Phase 1 Phase 2 300 256 60 200 110 126 142 40 24 77
Slide 34: Qatar’s Banking and Financial Sector remains Resilient and Healthy
Qatar’s Banking and Financial Sector remains Resilient and Healthy Highly rated sovereign Banking sector liquidity Standard & Poor’s Sovereign Ratings Germany, Canada, Switzerland, Norway, Sweden, Netherlands, Luxembourg, AAA Singapore Given its 66.6% 67.3% 67.6% 67.2% 66.6% 66.1% AA+ US, Austria, F
Slide 35: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: – These materials contain statements about future events and expectations that are forward-looking statements. – These statements typically