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QIIB reports QR1.115 bn Q3 profit as assets rise 5% to QR63.6 bn

Tribune News NetworkDohaQatar International Islamic Bank (QIIB) reported a net profit of QR1.115 billion for the third quarter of 2026, up 1.5 percent year on year, as total assets...

QIIB reports QR1.115 bn Q3 profit as assets rise 5% to QR63.6 bn

Qatar International Islamic Bank (QIIB) reported a net profit of QR1.115 billion for Q3 2026, marking a 1.5% increase year-on-year, as total assets expanded by 5% to QR63.6 billion, and financing portfolio grew by 6.9% to QR44.1 billion, according to the bank's latest financial statements. The bank's CEO, Dr Abdulbasit Ahmad Al-Shaibei, highlighted the impact of QIIB's strategic priorities on its performance, with a focus on Qatar's key sectors and investment in digital infrastructure.

The bank's credit standing remained robust, supported by strong capital adequacy, asset quality, and liquidity. QIIB continued to enhance its operational efficiency and service delivery through its digital transformation initiative, streamlining transactions and optimizing costs. The bank's strategic priorities and commitment to national development were recognized through several international awards in 2026.

Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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