QIB ranks 3rd globally among upper mid-size banks in Forbes’ World’s Top Performing Banks 2026
Qatar Islamic Bank (QIB) ranked third globally in the Tier 3 Upper Mid-Size Banks category in Forbes’ World’s Top Performing Banks 2026. The recognition reflects QIB’s strong financial performance and...
Qatar Islamic Bank (QIB) secured the third position globally among upper mid-size banks in Forbes' World's Top Performing Banks 2026. This accolade highlights QIB's robust financial performance and resilience across key areas such as profitability, growth, capital strength, and asset efficiency. The ranking is derived from QIB's audited financial statements for the fiscal year ending December 31, 2025, showcasing a net profit of QR4.83bn, a 5% increase from the previous year.
Total assets expanded by 10.1% to QR221.1bn, while customer deposits rose by 14.2% to QR142.7bn. QIB outperformed its peers in Qatar with a cost-to-income ratio of 16.3%, the highest in the sector, and maintained a financing-to-deposit ratio of 90% and a non-performing financing ratio of 1.65%. The bank's capital adequacy ratio stood at 22.2%, and its return on assets and equity were 2.3% and 17%, respectively.
Forbes developed the World's Top Performing Banks ranking in partnership with Statista, evaluating banks based on profitability, growth, capital resilience, and asset efficiency. Bassel Gamal, QIB Group CEO, expressed pride in the bank's achievements, emphasizing the bank's commitment to delivering value to customers, shareholders, and the Qatari economy.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
