Qatar Islamic Bank (QIBK) investor relations material

Executive summary

• Net profit attributable to shareholders was QAR 986 million for Q1 2026, nearly flat year-over-year, with EPS at QAR 0.42 per share.

• Total assets reached QAR 224 billion, up 5.9% year-over-year and 1.3% sequentially.

• Financing assets grew 11.1% year-over-year to QAR 146.4 billion, with strong growth in personal, real estate, and commercial segments.

• Customer deposits increased 5.4% year-over-year to QAR 140.7 billion, but declined 1.4% sequentially.

• The bank received multiple global and regional awards for banking excellence, innovation, and digital offerings.

Financial highlights

• Total income for Q1 2026 was QAR 2,713 million, with net operating income after quasi-equity holders at QAR 1.6 billion.

• Cost-to-income ratio was 17% for Q1 2026, the lowest in the sector.

• Total operating expenses were QAR 277 million, up 33.1% year-over-year.

• Earnings per share remained at QAR 0.42 for the quarter.

• Book value per share increased 9.4% year-over-year to QAR 12.44.

Outlook and guidance

• Management maintains 5%-6% financing and revenue growth targets for 2026, with a stable NIM and cost-to-income ratio of 16.5%-17%.

• Capital adequacy ratio stands at 22.9%, well above regulatory requirements.

• Most forecasted balance sheet growth achieved in Q1; slower growth expected for the remainder of the year.

• The bank is monitoring regional geopolitical developments and new tax regulations, with QAR 123 million tax liability recognized for Q1 2026.

• Continues to focus on digital transformation and innovative product offerings.