Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has placed third globally in the Tier 3 Upper Mid-Size Banks category of Forbes’ World’s Top Performing Banks 2026. The recognition reflects QIB’s strong financial performance and resilience across key measures of profitability, growth and earnings quality, capital and funding resilience, and asset quality and efficiency.

This ranking is based on the banks’ audited financial statements for the most recent fully available and audited fiscal year, for the year ended 31 December 2025, where QIB has reported net profit attributable to shareholders of QAR 4.835 billion, up 5% year-on-year, while total assets increased by 10.1% to QAR 221.1 billion and customer deposits grew by 14.2% to QAR 142.7 billion. QIB maintained a cost-to-income ratio of 16.3%, which is the best in the Qatari Banking sector, a financing-to-deposit ratio of 90%, a non-performing financing ratio of 1.65%, and a capital adequacy ratio of 22.2%. The bank’s return on asset reached 2.3% and return on equity reached 17%.

Forbes developed the World’s Top Performing Banks ranking in collaboration with Statista, assessing banks across four weighted dimensions: profitability (30%); growth and earnings quality (20%); capital and funding resilience (25%); and asset quality and efficiency (25%). The assessment draws on financial indicators covering performance, growth, capital strength, funding structure, asset quality and operational efficiency, with certain measures evaluated over three-year periods.

Commenting on the recognition, Mr. Bassel Gamal, QIB’s Group CEO, said: “We are pleased to rank third globally among upper mid-size banks in Forbes’ World’s Top Performing Banks 2026. This recognition reflects the strength of our financial performance, disciplined approach, and long-term strategy. We remain committed to further strengthening QIB’s position and delivering sustainable value to our customers, shareholders, and the wider Qatari economy. On this occasion, I would like to thank the Board of Directors for their continuous support and each one of our team members for their exceptional performance and dedication.”

Forbes’ World’s Top Performing Banks 2026 is the publication’s first global ranking focused on bank performance using standardized financial indicators. Eligible banks were required to have more than USD 3 billion in assets and at least three consecutive years of financial data, with 500 banks from 89 countries ultimately included in the ranking.

Eligible banks were segmented into six tiers based on their total assets so that the analysis compared financial institutions within their respective peer group sizes. Tier 1 (global banks) included those with more than $500 billion in total assets; Tier 2 (large banks) included those with $100 to $500 billion in total assets; Tier 3 (upper mid-size banks), $50 to $100 billion; Tier 4 (mid-size banks), $20 to $50 billion; Tier 5 (lower mid-size banks), $10 to $20 billion; and Tier 6 (small banks), $3 to $10 billion.