Doha, October 25 (QNA) - The net profits of Qatar International Islamic Bank (QIIB) increased by 1.5 percent during the first nine months of 2026, reaching QR 1.114 billion, compared to QR 1.098 billion in the same period of 2025.

Figures released by the bank and published Sunday on the Qatar Stock Exchange (QSE) website show an increase in earnings per share to QR 0.69 Qatari for the period ending September 30, 2026, compared to QR 0.68 for the same period in 2025.

In this context, HE Chairman of the Board of Directors of QIIB Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani said: "The financial indicators demonstrate that QIIB is progressing with clear foresight in executing its strategic objectives. We adhere strictly to the highest standards of Islamic banking, benchmarked against global best practices. Concurrently, we continue to invest in nurturing national talent and building state-of-the-art digital infrastructure to meet the evolving aspirations of our clients and market dynamics."

"Over the past period, QIIB has maintained its strong credit standing, endorsed by top international rating agencies, who have lauded our firm financial foundation, robust capital adequacy, superior asset quality, and healthy liquidity profile. These accomplishments underscore our ability to harmonize growth ambitions with disciplined risk oversight," His Excellency added.

For his part, QIIB Chief Executive Officer Dr. Abdulbasit Ahmad Al Shaibei said: "Throughout the preceding period, our focus remained aligned with the Board's directives to optimize operational performance and elevate service delivery. Our digital transformation roadmap achieved key milestones, with a significant shift of retail and corporate transactions toward digital touchpoints, enhancing agility and customer satisfaction."

The CEO reiterated that QIIB's strategic priority remains focused on the domestic market, saying: "We actively collaborate with key national economic sectors to finance bankable, high-impact projects. We place particular emphasis on corporate banking as well as Small and Medium Enterprises (SMEs), recognizing their pivotal role in driving comprehensive economic development." (QNA)