Dukhan Bank announced its financial results for the third quarter of 2025, recording net profits of 1.19 billion riyals, a growth rate of 4.4% compared to the same period in 2024. The group achieved strong financial performance during the nine months of 2025, which reflects the effectiveness of its strategy and its ability to enhance the continued success it achieved in previous years. Net profit increased by 4.4%, supported by a 9.9% growth in net income resulting from banking activities.
The growth in net income resulting from banking activities reflects the group’s keenness to diversify sources of income and enhance the contribution of income resulting from non-financing activities. In addition, despite prevailing external challenges, prudent management of financing costs contributed positively to increasing net income from banking activities.
On the other hand, operational efficiency remained a strategic priority, as continuous improvement efforts contributed to enhancing overall profitability. These results confirm the strength of the group’s position and its ability to achieve sustainable growth in a dynamic operating environment.
The group maintained the level of total assets, reaching 118.1 billion riyals in September 2025, an increase of 1.2% compared to September 30, 2024. Which mainly consists of financing assets, worth 85.7 billion riyals (72.6% of total assets), and financial investments worth 22.4 billion riyals (19.0% of total assets).
During this period, the bank strengthened its financing portfolio, reaching 85.7 billion riyals, an increase of 0.9% compared to the same period last year. This is in line with the bank’s strategic goal of increasing its market share while ensuring the efficient and balanced allocation of resources, and focusing on the diversification of the financing portfolio with an emphasis on asset quality rather than quantitative size, thus managing risks effectively.
On the other hand, and reflecting the quality of assets and the group’s disciplined credit risk management, the non-performing financing assets ratio improved to 4.4% in September 2025, compared to 4.7% in September 2024 and 4.6% in December 2024. At the same time, the coverage ratio of non-performing financing assets for the third stage increased to 74.5% (September 2024: 68.9% and December 2024: 73.1%), which also reflects the Group’s prudent and conservative approach to credit risk management.
On the sources of funds side, the Group continued to strengthen and diversify its source base, benefiting from its long and distinguished relationships with clients and maintaining a stable and balanced benefits structure. These efforts contributed to strengthening the liquidity position, supported by a financing-to-deposit ratio of 94.5%. In addition, both the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) were maintained at levels above supervisory requirements throughout the nine months.
Total equity reached QAR 15.1 billion, while the Group maintained a capital adequacy ratio (CAR) of 18.9% (September 2024: 17.4% and December 2024: 17.3%), significantly exceeding the minimum supervisory ratio set by the Qatar Central Bank and the Basel III framework, providing a strong foundation to support future growth.
Digital services are innovative and advanced
During the third quarter of 2025, Dukhan Bank continued to strengthen its leading position in the field of digital services compatible with the provisions of Islamic Sharia by launching a package of innovative initiatives focused on improving the customer experience.
One of the most prominent qualitative initiatives launched in cooperation with Visa is the Visa credit card spending campaign, which gives customers the opportunity to win two grand prizes: two Land Rover Defender 110 (model 2025), in addition to monthly draws for valuable cash prizes. The campaign, which continues until October 31, aims to motivate customers to use their credit cards to make payments locally and internationally, which enhances customer loyalty and provides them with lucrative rewards for their daily transactions.
As part of its ongoing efforts to enhance its banking offers tailored to high-net-worth customers, Dukhan Bank has launched a new package of exclusive lifestyle benefits for Visa Infinite credit card holders. This package includes valet parking for a nominal fee, the “Buy a movie ticket and get the second for free” offer, in addition to special discounts at a number of the best health clubs, international concierge services, in addition to a welcome prize worth 15,000 points. This initiative confirms the bank’s commitment to providing a personal and rewarding banking experience that reflects the level of excellence that its elite customers aspire to. Dukhan Bank has strengthened its digital ecosystem by launching the Hamyan Apple Pay service, along with a series of improvements aimed at making money transfers faster, simpler and more seamless for its customers. These developments reflect the long-term strategic direction of Dukhan Bank and its vision to integrate advanced financing solutions with the latest digital innovations, thus enhancing its position in providing banking services compatible with the principles of Islamic banking that enhance customer experience and keep pace with their rapidly changing aspirations.
Consistent performance and prestigious awards
In the third quarter of 2025, Dukhan Bank continued to reserve a distinguished place on the local, regional and global podiums thanks to its system of digital services and the most advanced financing solutions. The bank won the “Best Bank in the Digital Transformation Initiative in the Middle East and North Africa” award during the MEED Awards for Banking Excellence 2025, the “Best Islamic Bank for Private Banking in the World 2025” award from Global Finance for the second year in a row, and the “Banking Excellence and Achievement Award in Islamic Private Banking at the Global Level for the Year 2025” from the International Federation. To Arab bankers, in clear recognition of its advanced offerings in wealth management compatible with the provisions of Islamic Sharia, in addition to its full adoption of the principles of financial inclusion, sustainability and digitization. This award adds to a growing collection of prestigious awards won by the bank earlier in the year.
In continuation of the process of appreciation and achievement, Fitch Ratings Agency confirmed Dukhan Bank’s long-term rating (IDR) at “A” with a stable future outlook, praising the solidity of the bank’s capital base, the quality of its assets, and the efficiency of its risk management.
It is worth noting that these combined achievements highlight Dukhan Bank’s firm commitment to providing sustainable, long-term value, and consolidating its leadership in the field of digital Islamic finance, in addition to its effective support for the national development goals of the State of Qatar through innovation and providing banking services based on the best levels of transparency and enhancing customer experience.