Doha: Qatar International Islamic Bank's (QIIB) Net Profit has risen by 5.2 percent in H1 2025, reaching QAR 689.126 million, compared to a Net Profit of QAR 655.063 million for the same period last year.

According to Qatar News Agency, QIIB's financial statements for the period ending June 30, 2025, show that Earnings per share reached QAR 0.41, compared to QAR 0.38 for the same period last year.

The Board of Directors approved the distribution of interim cash dividends to shareholders amounting to 24 percent of the nominal value per share, equivalent to 0.24 QAR per share. These dividends will be paid to shareholders registered at the close of trading on July 28, 2025, subject to approval by the Qatar Central Bank.

HE the Chairman of the Board of Directors of QIIB, Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, stated that QIIB continues to perform in line with strategic plans aimed at sustainable growth, customer base expansion, and innovation in banking services and products. He noted that QIIB benefits from Qatar's economic environment that offers exceptional opportunities.

Sheikh Dr. Khalid further highlighted the bank's strategic focus on the local market and its strong growth potential across sectors, which has helped QIIB maintain a leading position among Qatari financial institutions. He attributed this to the high quality of assets, operational efficiency, and a forward-looking vision that embraces technological and economic developments.

QIIB Chief Executive Officer Dr. Abdulbasit Ahmad Al Shaibei elaborated on the bank's performance, noting that net operating income for H1 2025 reached QAR 1.1 billion, a growth of 11.6 percent compared to the same period in 2024.

Dr. Al Shaibei credited the results to strong operational efficiency, with a cost-to-income ratio of 18.9 percent, and noted the bank's continued progress in digital transformation across all channels.

Dr. Al Shaibei also reported on asset quality indicators, stating that the ratio of non-performing financing remained low at 2.97 percent, with coverage for these exposures increasing to 100 percent. This reaffirms the strength of QIIB's financing portfolio and the low level of credit risk.