Sheikh Mohammed bin Hamad: The new strategy consolidates the bank’s position as one of the most prominent Islamic financial institutions
The corporate digital banking channel is a strategic addition that enhances the customer experience
Issuing the first green sukuk is a pivotal step and a notable achievement that reflects the commitment to sustainability
Sharia-compliant innovation has strengthened the bank’s role as a responsible institution with a future vision
Al Rayan Bank held its annual Ordinary General Assembly meeting, where shareholders approved the bank’s financial statements for the period ending on December 31, 2025, which recorded net profits after deducting taxes amounting to one billion and 350 million riyals.
The General Assembly heard the report of the Sharia Supervisory Board, as well as the auditors’ report on the company’s budget and accounts for the fiscal year 2025, and approved them. It also discussed and approved the financial statements presented to it for the year ending on December 31, 2025, and approved the Board of Directors’ proposal to distribute cash dividends for the year 2025 at a rate of 11% of the nominal value of the share, that is, 0.11 riyals for each share, and to carry over the remainder of the profit as proposed in the financial statements. Audited.
The Assembly heard and approved the auditors’ report on the requirements of the governance system for companies and legal entities listed on the main market issued by the Qatar Financial Markets Authority regarding compliance with governance instructions and internal control requirements over financial statements.
The Assembly then discussed and approved the governance report for the year 2025, including the principles and policy of granting remuneration to members of the Board of Directors and Executive Management. It also approved the appointment of Messrs. PricewaterhouseCoopers as auditors of the bank for the fiscal year 2026 for the fourth year in a row. It then absolved the Messrs. members of the company’s Board of Directors of responsibility for their actions and determined their remuneration for the year 2025.
The Assembly also approved the recommendation of the Board of Directors to renew the mandate of the members of the Sharia Supervisory Board of Al Rayan Bank for the period 2026-2028 and to authorize the Board of Directors to add a new member or members or to fill in whose position becomes vacant for any reason and to determine the remuneration of members of the Board and any other matters related to the Sharia Supervisory Board during the aforementioned period, taking into account the approval of the Qatar Central Bank and took note of the change of the representative of the Armed Forces Investment Portfolio on the Board of Directors during the fiscal year 2025.
The Assembly also elected the Board of Directors of Al Rayan Bank for the new term for the years: 2026-2027-2028.
Enhancing operational efficiency
On this occasion, His Excellency Sheikh Mohammed bin Hamad bin Qassim Al Thani, Chairman of the Board of Directors, delivered a speech and read the Board of Directors’ report on the company’s activity and financial position for the year ending December 31, 2025, and future plans.
Commenting on the bank’s activities in 2025, His Excellency stated: “During the year 2025, we focused on enhancing ways to effectively implement the new strategy that aims to consolidate the bank’s position as one of the most prominent Islamic financial institutions in order to ensure that the desired objectives are achieved and that the added value and operational objectives of the bank remain responsive to market dynamics and changing customer expectations. One of the most prominent milestones in 2025 was the successful launch of the corporate digital banking channel, as a strategic addition to the bank’s digital system, which consolidates the concept of banking partnership with the business sector, and gives customers a more flexible, fast and reliable experience in a business environment characterized by competition and rapid change. This trend reflects a deep awareness of the importance of financial technology in enhancing operational efficiency and expanding access to banking services, especially in a business environment that is steadily moving towards the digital economy.”
Issuing the first green sukuk
He added: “In 2025, Al Rayan Bank succeeded in issuing the first three-year green sukuk worth half a billion Qatari riyals, which is a notable achievement that reflects our commitment to sustainability and represents a pivotal step in our journey towards implementing the standards and principles of environmental, social responsibility and governance. Through Sharia-compliant innovation, the bank strengthens its role as a responsible institution with a forward-looking vision that seeks to create long-term value.”
His Excellency Sheikh Mohammed bin Hamad bin Qassim Al Thani concluded by saying: “I extend my sincere thanks and gratitude to His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of the country, for his wise leadership and his firm commitment to the prosperity of our nation. I also extend my thanks to all the regulatory authorities for their continued support to us, and to the bank’s management and employees for their efforts during the year, and my thanks go to the customers and shareholders for the trust they have placed in us, and may God grant us success in our endeavors for the good of all, God willing.”
The annual general assembly meeting was held electronically and was attended by shareholders, representatives of the relevant regulatory authorities, members of the Board of Directors, directors and employees of the bank, and a number of investors and financial analysts.