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QIIB's Net Profit Rises by 5.5 Percent

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Doha, October 14 (QNA) - Qatar International Islamic Bank's (QIIB) Net profit grew by 5.5 percent in the nine-month period of 2025, reaching QR 1.098 billion, compared to Net Profit of QR 1.040 billion in the same period of 2024.

According to the Bank's financial figures published on the Qatar Stock Exchange website on Tuesday, QIIB's Earnings Per Share for the period ending September 30, 2025, reached QR 0.68, compared to Earnings Per Share of QR 0.64 the same period last year.

Commenting on this development, HE Chairman of QIIB's Board of Directors Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani said, "Indicators confirm that QIIB is steadily progressing towards achieving its strategic goals, maintaining full adherence to the highest standards of Islamic banking. We continue to invest in developing national talent and enhancing our digital capabilities to meet customer aspirations and market needs."

"The bank has continued to consolidate its strong position, maintaining high credit ratings from leading international rating agencies, who have praised our solid financial standing, capital adequacy, asset quality, and stable funding and liquidity.

These results reflect a sound balance between ambition, growth, and prudent risk management," His Excellency added.

In turn, QIIB Chief Executive Officer Dr. Abdulbasit Ahmad Al Shaibei said, "During this period, we focused on implementing our Board of Director’s directives aimed at enhancing operational performance and improving service quality.

The digital transformation journey continued to progress positively, with an increasing proportion of services now delivered through the bank’s multiple electronic channels, enhancing customer experience and operational efficiency."

Dr. Al Shaibei affirmed that QIIB "remains focused on the local market and continues to cooperate with various economic sectors to finance a diverse range of projects, with special attention to large, medium, and small enterprises given their vital role in driving development." (QNA)

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