ZAWYA: QIB named Best Bank in Qatar by Global Finance & earned three prestigious Islamic finance awards

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Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been recognized with four titles at the Global Finance Awards 2026. QIB has been named Best Bank & Best Islamic Financial Institution in Qatar, Best Islamic Investment Bank and Best Islamic Asset Manager in the World, reaffirming its leadership across banking, investment, and wealth management services locally and globally.QIB’s continued recognition is underpinned by its strong financial performance and disciplined execution across all business segments. In 2025, the Bank reported a net profit of QAR 4.835 billion, representing a 5% growth year-on-year, with total assets reaching QAR 221.1 billion and customer deposits of QAR 142.7 billion. Building on this momentum, QIB delivered strong results in the first quarter of 2026, with net profit attributable to shareholders reaching QAR 986 million for the three months ended 31 March 2026. Total assets increased to QAR 224 billion, while financing assets and customer deposits continued to grow, reflecting the resilience and strength of the Bank’s operating model. The Bank maintained a cost-to-income ratio of 17%, the best in the Qatari banking sector.The Bank continues to strengthen its position through a diversified portfolio of Shari’a-compliant products and services designed to meet the evolving needs of individual, corporate, and institutional customers. QIB offers a wide range of investment and financing solutions, including Sukuk, Islamic mutual funds, deposits, treasury and capital market solutions, supported by strong advisory and execution capabilities across various sectors and markets.QIB’s recognition also reflects its continued leadership in digital banking and innovation, supported by strong customer adoption across its digital channels. Mobile banking penetration among active customers reached around 90%, with number of logins exceeding 5 million per month, and total financial and non-financial transactions through mobile banking increased by 32%, highlighting the growing reliance on QIB’s digital ecosystem for everyday banking needs.The Bank continues to enhance its award-winning QIB Mobile App, which now offers more than 320 features and services, enabling customers to seamlessly manage accounts, access financing and investment services, conduct local and international transfers, and monitor their financial activities s...

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