Dukhan Bank Q.p.s.c. · QSE:DUBK
Dukhan Bank Q.p.s.c — Dukhan Bank — Investor Presentation (September 2025)
35 slides from Dukhan Bank Q.p.s.c's investor presentation, September 2025
Slide 1: Investor Presentation
Investor Presentation September 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 Sep 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 ◼ Net profit: The Group reported a net profit of QAR 1.19 billion for the 9M 2025, reflecting Growth CAGR 9M Balance sheet, QAR’mn 2021 2022 2023 2024 (9M'25 vs (YE’21- a 4.4% year-on-year growth, supported by a 9.9% increase in net ba
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 Three fully owned subsidiaries and and investment ac
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 27 Ja
Slide 14: 2. Financial Performance
uL_Aa cli D> DUKHAN BANK 2. Financial Performance
Slide 15: Financial Highlights 9M 2025
Financial Highlights 9M 2025 Net Profit Net Banking income1 NPL Ratio 9M-25: QAR 1.19 billion 9M-25: QAR 2.13 billion Sep-25: 4.4% up +4.4% YoY up +9.9% YoY (Dec-24: 4.6%) Net Financing Assets to CAR Deposits Ratio Sep-25: 18.9% Sep-25: 94.5% (Dec-24: 17.3%) (Dec-24: 98.6%) Financing assets Total As
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 - Sep 2025 (in QAR’bn) Breakdown of financing assets, 9M 2025 vs
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 118.1 86.2 85.7 86.3 117.9 83.4 114.4 110.7 78.0 77.6 77.4 75.2 75.7 106.3 74.5 2021 2022 2023 2024 Sep-2
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 30 Sep 2025 Stage I Stage II Stage III Total As at 31 Dec 2024 Stage I Stage II Stage III Total Financing assets 85.5% 10.1% 4.4% 100.0% Financing assets 8
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 (Sep 2025) Deposits breakdown by sector (Sep 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% 63% 58% 55% (1) 54% 51% 831 831 834 727 520 520 415 444 418 2017 2018 2019 2020 2021 2022 2023 2024 Jun-25 Dividends
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-Jun-25) (QAR’ billions; as at 30-Jun-25) (QAR’ billions; as at 30-Jun-25) (QAR’ millions; 1H’
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 30-Sep-2025 Ownership % Number of Shareholders 100.0% 100.0% 2,485 2,902 94.3% 2,500 92.6% 87.7% 90.0% 2,085 80.0% 1,994 2,000 70.0% 60.0% 1,500 50.0% 40.0% 1,000 749 30.0% 20.0% 439 417 500 310 4.9% 6.41%6.6% 5.7% 10.0% 0.8% 0.5% 0.3% 0.23% 91 68 52 16 0.0% Qatar GCC Forei
Slide 27: Share Price Movement
Share Price Movement From Listing Date till 30-Sep-2025 YTD Average All Time High All Time Low Close (30-Sep-25) Share Price* 3.721 4.350 2.838 3.546 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-23 Oct-24 Apr-23 Jul-23 Apr-24 Jul-24 Apr-25 Jul-25 Nov-23 Dec-23 No
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 Sep-25 Cash and balances with Qatar Central Bank 7,246 6,425 3,645 3,639 3,714 Due from banks 5,559 1,500 11,072 5,811 3,674 Financing assets 75,222 75,677 77,585 86,212 85,684 Investment securi
Slide 29: Snapshot of the Consolidated Statement of Income
Snapshot of the Consolidated Statement of Income For the year For nine-month period ended 31 December ended 30 September (in QAR ‘mn) 2022 2023 2024 2024 2025 Net income from financing activities 3,216 4,666 5,190 3,897 3,619 Net income from investing activities 756 957 1,089 837 769 Total net incom
Slide 30: Dukhan Bank has an Award Winning Customer Service Proposition
Dukhan Bank has an Award Winning Customer Service Proposition Awards and Acclamations 2022 ▪ MENA Wealth Manager of the year – ▪ Best in Innovation in Qatar 2024 2024 Best Digital Bank Award ▪ Best Retail Bank Qatar 2024 ▪ Best Mobile Banking Adaptive Site in the Middle Best Consumer Digital Bank in
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