PRESSR: QIB Profit grows by 5.3% to reach QAR 2,175mln for the six months’ period ended 30 June 2025

About this update from Qatar Islamic Bank

Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended 30 June 2025. Net Profit attributable to the Shareholders of the Bank amounted to QAR 2,175 Million for the six months’ period ended 30 June 2025 representing a growth of 5.3% over the same period in 2024.Basic earnings per share for the six months period ended 30 June 2025 is QAR 0.92 compared to QAR 0.87 for the six months period ended 30 June 2024. The Board of Directors of QIB have authorized the distribution of interim cash dividend to shareholders of QAR 0.40 per share i.e. 40% of the nominal share value payable to eligible shareholders as at the close of trading on 24 July 2025, subject to Qatar Central Bank approval.Total Assets of the Bank as at 30 June 2025 stands at QAR 212.1 Billion representing a growth of 5.6% compared to QAR 200.8 Billion as at 31 December 2024 and up by 10.3% compared to 30 June 2024. Financing and investing activities were the primary drivers for the asset growth. Financing assets as at 30 June 2025 reached QAR 130.8 Billion, having grown by 4.4% compared to December 2024 and up by 3.1% compared to June 2024. Investment Securities reached QAR 60.1 Billion as at 30 June 2025, up by 13.4% against December 2024 and a growth of 21.9% compared to June 2024. Customer Deposits stand at QAR 135 Billion as at 30 June 2025 registering a growth of 8.0% compared to December 2024 and up by 10% compared to June 2024. Finance to Deposit Ratio of the Bank was 96.8% as at 30 June 2025, which is one of the lowest among its peer banks in Qatar reflecting the Bank’s strong and stable liquidity position.Total Income for the six months’ period ended 30 June 2025 was QAR 5,642.8 Million compared to QAR 5,609.3 Million for the same period in 2024 registering a growth of 0.6%. Net income from financing and investing activities stand at QAR 5,127.8 Million for the six months’ ended 30 June 2025. Total Operating Expenses for the six months’ period ended 30 June 2025 was QAR 537.7 Million. Efficient cost containment enabled the Bank to bring down the cost to income ratio to 16.4% which continues to be the lowest in the Qatari Banking sector.QIB was able to manage the ratio of non-performing financing assets to total financing assets at 1.75%, one of the lowest in the industry, reflecting the quality of the Bank’s financing assets portfo...

View stock analysis, news, and events for Qatar Islamic Bank