Qatar Islamic Bank (QIBK) investor relations material

Executive summary

• Net profit attributable to shareholders reached QAR 2.23 billion for H1 2026, up 2.3% year-over-year; Q2 net profit was QAR 1.24 billion, up 4.2% year-over-year.

• Incorporated in 1982 as Qatar's first Islamic financial institution, holding 38% of listed Islamic banks' assets and ranking second in the country by total assets, financing assets, and net profit.

• Operates 22 branches and over 191 ATMs/CDMs in Qatar, with selective international presence in the UK, Sudan, and Lebanon.

• Strong government support, robust risk management, and high credit ratings (A1 Moody's, A Fitch, AA- Capital Intelligence).

• Interim consolidated financial statements reviewed for the six months ended 30 June 2026, with no material misstatements identified by the independent auditor.

Financial highlights

• Total assets reached QAR 234.0 billion, up 10.4% year-over-year and 5.9% from December 2025.

• Financing assets grew 19.6% year-over-year to QAR 156.4 billion; customer deposits rose 9.8% to QAR 148.3 billion.

• Operating income for H1 2026 was QAR 3.44 billion, up from QAR 3.3 billion in H1 2025.

• Cost to income ratio at 16.4%, among the lowest in the sector; return on average equity at 14.2%.

• Basic and diluted EPS for the six months was QAR 0.94, up from QAR 0.92 year-over-year.

Outlook and guidance

• Loan growth guidance updated from 6% to 10-11%, mainly driven by government-related lending.

• Margins expected to drop by 4-6 basis points due to asset mix shift toward lower-yield government lending.

• No major change expected in asset quality or cost of risk; NPF levels stable.

• Annual dividend policy unchanged, but interim dividend skipped for prudency amid geopolitical uncertainty.

• The Group is monitoring regional geopolitical developments and potential impacts on credit risk and operations.