{
  "id": 8502016,
  "title": "QIB ranks 3rd globally among upper mid-size banks in Forbes’ World’s Top Performing Banks 2026",
  "url": "https://urgent.news/2026/09/19/qib-ranks-3rd-globally-among-upper-mid-size-banks-in-forbes-worlds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T17:03:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/733651/business/qib-ranks-3rd-globally-among-upper-mid-size-banks-in-forbes-worlds-top-performing-banks-2026"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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...",
  "key_points": [
    "QIB ranks 3rd globally among upper mid-size banks in Forbes' 2026 list.",
    "Bank reported QR4.83bn net profit, a 5% increase from 2024.",
    "Total assets grew 10.1% to QR221.1bn in 2025."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}