Doha, April 20 (QNA) - Qatar International Islamic Bank has reported a 3.2% increase in net profits for the first quarter of 2026, reflecting steady growth despite a challenging global economic environment.
The bank said its net profit reached QR 368 million, up from QR 356 million recorded during the same period in 2025, according to financial statements published on the website of the Qatar Stock Exchange.
Earnings per share also rose to QR 0.243, compared with QR 0.235 in the first quarter of the previous year.
HE Chairman of Qatar International Islamic Bank, Sheikh Khalid bin Thani bin Abdullah Al-Thani, said the results reflected the success of the bank's strategy, which focuses on achieving balanced and sustainable growth while maintaining strict risk management discipline.
He added that the bank had sustained a steady growth trajectory, supported by Qatar's favorable business environment and broader economic stability, which continues to provide promising opportunities.
Chief Executive Officer Abdulbasit Ahmed Al Shaibei said the first-quarter performance demonstrated the bank's ability to deliver stable results despite global economic challenges. He attributed this resilience to diversified income sources and a flexible business model.
He added that the bank follows a proactive approach to risk management, balancing business expansion with asset quality to ensure long-term sustainability. (QNA)