4.1% on an annual basis .. 821 million riyals Al Rayyan Bank’s profits

Mark
Written By Mark

Al Rayyan Bank announced its financial results for the first half of the current year, which ended on June 30, 2025, to achieve net profits for shareholders of 821 million riyals.
Commenting on the results, His Excellency Sheikh Mohammed bin Hamad bin Qasim Al Thani, Chairman of the Board of Directors said: “We continue to achieve a strong performance in our various operations inside and outside Qatar, where the total assets of the group reached its highest level ever at 176 billion riyals as on June 30, 2025, an increase of 8.8% compared to June 30, 2024. During the first half of the current year, financing assets grew by 3.4% on an annual basis, due to the continuous demand from corporate customers And individuals. The financial investments also increased by 26% on an annual basis, which reflects our constant focus on the assets that generate value. We are also proud to have a distinguished appreciation of our leadership and innovation. In the second quarter, the bank won the “Best Islamic Bank in Qatar for 2025” and “Best Innovation in Individuals Banking Services in Qatar for the year 2025” by international banker. These prizes confirm our leading position in the market and highlight our steadfast commitment to digital excellence and banking solutions that are compatible with Islamic law focused on the customer.
For his part, Mr. Omar Abdel -Razzaq Al -Emadi, the group’s CEO, said, “I am pleased to announce that the group has recorded a net profit of 821 million riyals for the first half of 2025, an increase of 4.1% compared to the same period last year. This strong result reflects our strong basics and constant focus on sustainable growth. The cost rate to income maintains healthy levels of 28.3%, despite the continuous expansion of the digital and electronic transformation strategy. This reflects our commitment to discipline in operational costs, while continuing to pay innovation across the bank. In May 2025, Al Rayyan Bank succeeded in issuing an unaccounted initial instruments of $ 500 million for 5 years according to the RGS standard, and it was subscribed to more than three times, which reflects the strong investor confidence and the bank’s financial strength and its credit quality, supported by asset quality, liquidity and capital. Our strategy continues to focus on building a financial institution compatible with Islamic law, ready for the future, focused on the customer, and provides sustainable value to all stakeholders.