Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been recognized with three prestigious awards at the Euromoney Awards for Excellence 2026: Qatar’s Best Bank, Qatar’s Best Digital Bank for Consumers, and Qatar’s Best Bank for SMEs. These prestigious recognitions reaffirm QIB's leadership in Qatar's banking sector and underscore the Bank's strong market position, consistent performance, and commitment to creating long-term value for its customers, shareholders, and the wider community.
This recognition reflects QIB’s strong financial performance and ability to consistently create value for customers and shareholders. For the six months’ period ended 30 June 2026, QIB reported a net profit attributable to shareholders of QAR 2,225.3 million, representing a growth of 2.3% compared to the same period in 2025. Total assets reached QAR 234 billion as at 30 June 2026, representing a growth of 10.4% compared to 30 June 2025. QIB also maintained a cost-to-income ratio of 16.4%, which is the best in the Qatari banking sector. These awards further reinforce QIB’s leadership in Islamic banking and digital innovation, reflecting the Bank’s continued ability to deliver market-leading solutions and exceptional customer experiences.
The title of Qatar’s Best Bank recognizes QIB’s strong market position, resilient business model, and consistent performance across all its customer segments. The award reflects the Bank’s ability to combine financial strength, operational efficiency, digital innovation, and customer-centricity while maintaining a disciplined approach to risk management and sustainable growth. It also underscores QIB’s continued commitment to supporting Qatar’s economic development and creating long-term value for all stakeholders.
The award for Qatar’s Best Digital Bank for Consumers highlights QIB’s continued leadership in digital banking innovation. During 2025, the Bank further enhanced its digital ecosystem with a range of first-to-market solutions and customer-focused innovations, including the launch of the QIB Junior App for kids and teens, enabling workers to open accounts through the QIB Lite App, and the introduction of advanced payment solutions. Today, the QIB Mobile App offers more than 320 features and services, providing customers with an easy, secure, and fully integrated banking experience.
QIB was also named Qatar’s Best Bank for SMEs, recognizing its continued commitment to supporting one of the country’s most important economic segments. Through a comprehensive range of Shari’a-compliant financial and digital solutions, supported by dedicated relationship management, QIB helps SMEs enhance efficiency, accelerate growth, and navigate an evolving business environment. The award reflects QIB’s ongoing contribution to private sector development, economic diversification, and financial inclusion in Qatar.
Commenting on the recognition, Mr. Bassel Gamal, QIB’s Group CEO, said: “We are pleased to be recognized by Euromoney as Qatar’s Best Bank, alongside receiving the awards for Qatar’s Best Digital Bank for Consumers and Qatar’s Best Bank for SMEs. These prestigious awards reflect the strength of QIB’s strategy, which is centered on delivering sustainable growth, shareholders return, and exceptional customer experiences. These achievements would not have been possible without the dedication and commitment of our team, the support of our Board of Directors, and the trust and loyalty of our customers. This recognition underscores our commitment to continuously enhancing our products and services, advancing our digital capabilities, and supporting the ambitions of Qatar’s economy through innovative and Shari’a-compliant financial solutions. As we continue our growth journey, we remain focused on creating long-term value for our customers, shareholders, and the communities we serve.”
The Euromoney Awards for Excellence are among the most respected and widely recognized awards in the global banking industry, honoring institutions that demonstrate outstanding performance, innovation, and leadership across their respective markets. For further information, please visit www.qib.com.qa.