Market: Qatar Stock Exchange
Symbol: QIBK
ISIN: QA0006929853

Qatar Islamic Bank (QIB) was the first Islamic bank to start operating in the country in 1982 and it is still the largest today: The Bank currently holds 42.3% share of the Islamic banking sector and approximately 11% of the total domestic banking sector. As of December 2018, the total Shareholders' Equity of the bank amounted to QAR 15.4 billion (4.2 billion US Dollars) with total assets reaching QAR 153.2 billion (42.1 billion US Dollars).

QIB conducts its domestic business through a modern branch network spread throughout Qatar with key branches featuring distinctive centers with specialized relationship managers focused on servicing specific customer segments: Private Banking Centers, Affluent Banking Centers, as well as Ladies Banking Centers. In addition to its branch network, the Bank has accelerated its investments in digital channels providing its services through QIB Mobile App, internet banking applications for individuals and companies, multi-functional ATMs, Interactive Teller Machine (ITM) and an award winning Call Center.

QIB’s growth strategy is built on its position as a leading Islamic Bank with deeply rooted customer relationships and strong engagement with the local communities. The Bank’s strategy is closely tied with Qatar’s National Vision 2030 and the Government’s commitment to investments in the country’s infrastructure, the diversification of the economy and the development of a strong private sector. QIB is a stable financial group covering all segments of the financial markets, including individuals, government institutions, large corporations and SMEs providing innovative Sharia-compliant banking solutions.

Currency QAR
Last Closing Price 153.31
Change (%) -0.13
Volume 107,850
Number of Shares (mln) 236
Market Cap (mln) 36,226
FINANCIAL HIGHLIGHTS, Million QR 2017 2016 2015 2014 2013
Total assets
127,324 96,106 77,354
Financing & investments 108,459 77,819 63,829
Deposits 91,521 66,605 50,363
Total shareholders’ equity 13,376 12,478 11,860
Total income 4,508 3,633 3,144
Profit for the year attributable to equity holders of the bank 1,954 1,601 1,335
Earnings per share (QAR) 8.06 6.78 5.65


42.5% 42.5% 40.0%

Return on assets

1.7% 1.8% 1.8%

Return on equity

15.1% 13.4% 11.6%