Dukhan Bank reports a net profit of QAR 812.8 million for the six-month period ended 30 June 2026

• Total assets climbed to a record QAR 129.2 billion, marking a 4.4% increase since December 2025, with the loan book also reaching new highs
• Bank achieved a robust CAR of 18.6%, well above the minimum statutory limits 
• Total deposit base remained at historic levels, underscoring customers’ confidence and the strength of the Bank’s value chain

Lusail, Qatar – 8 July 2026: Dukhan Bank (“the Bank” or “the Group” when referred to along with its subsidiaries; QSE Ticker: DUBK) announced its financial results for the six-month period ended 30 June 2026, reporting net profit of QAR 812.8 million. 

Key Performance Highlights

Analysis of Group’s financial performance 

Despite the challenging geopolitical situation, the Group delivered solid financial results in the first half of 2026, underscoring the successful execution of its strategic initiatives and building on previously established momentum. Net profit edged up by 0.2%, supported by a robust 7.4% increase in net banking income.

This uplift in net banking income reflects the Group’s continued emphasis on revenue diversification and the strengthening of non-interest income streams. Prudent management of funding costs, even in difficult external conditions, provided additional support.

Operational efficiency remained a core strategic priority, with ongoing optimization initiatives further enhancing profitability. Overall, these results highlight the Group’s resilience and its ability to sustain growth in an evolving operating environment. 

Analysis of Group’s financial position  

The Group expanded its asset base to a record QAR 129.2 billion as of June 2026, reflecting a 4.4% increase from 31 December 2025. Financing assets stood at QAR 94.7 billion, representing 73% of total assets, complemented by investment securities of QAR 26.0 billion, which accounted for 20% of total assets. 

Loan book growth

During the period, the Bank’s loan book reached new highs at QAR 94.7 billion, up 5.2% from year‑end 2025. This expansion is consistent with the Bank’s strategic objective of steadily strengthening its market presence while maintaining disciplined and efficient capital deployment. The Bank continues to prioritize a well‑diversified portfolio, with a clear emphasis on asset quality over volume, ensuring prudent risk management and sustainable growth.

Assets quality 

The Group’s strong credit risk discipline and proactive portfolio management were reflected in the non‑performing loan (NPL) ratio, which declined to a record low of 3.9% as of June 2026 (December 2025: 4.2%). In parallel, the Stage 3 coverage ratio remained robust at 76.2% (December 2025: 75.7%), underscoring the Group’s prudent approach to credit provisioning and effective risk mitigation. 

Funding and Liquidity 

The Group continued to strengthen and diversify its funding base by leveraging long‑standing client relationships and maintaining a balanced maturity profile. Customer deposits rose by 7.0% to QAR 94.0 billion, reaching historic levels that underscore customer confidence and the strength of the Bank’s franchise.

These developments supported a solid liquidity position, with the regulatory loan‑to‑deposit ratio improving to 95.6% (December 2025: 98.1%). Both the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) remained comfortably above regulatory thresholds throughout the period.  

Capital

As at 30 June 2026, the Group maintained a strong capital position. The total capital adequacy ratio stood at 18.6% (December 2025: 18.2%), well above the Qatar Central Bank minimum requirement of 14.6%, reflecting prudent balance sheet management and resilience.  

Strategic campaigns and partnerships

In Q2 2026, Dukhan Bank continued to deliver targeted campaigns, customer-focused initiatives, and strategic service enhancements designed to strengthen engagement, improve accessibility, and create meaningful value across priority customer segments.

A key focus during the quarter was the PRIME launch campaign, which supported the rollout of the Bank’s premium banking proposition for affluent and high-net-worth customers. The campaign highlighted PRIME’s personalized relationship management, priority services, wealth management solutions, and exclusive lifestyle privileges, reinforcing Dukhan Bank’s ability to deliver tailored Sharia-compliant banking experiences for customers with evolving financial and lifestyle needs.

Further advancing the customer journey, Dukhan Bank introduced Tahweel as the new identity for its local transfer service, in line with Qatar Central Bank directives. The branding update was supported by enhancements across digital channels, creating a more seamless and efficient transfer experience for customers.

As part of its seasonal customer engagement efforts, Dukhan Bank launched its Summer Campaign, enabling eligible Visa credit cardholders to earn up to 3X DAwards on international purchases and 2X DAwards on eligible local spending and lifestyle experiences across Qatar. The campaign also included a dedicated offer at Doha Mall and Al Mirqab Mall, where customers could earn 3X DAwards when using their Dukhan Bank Visa credit cards. These offers reinforced the value and flexibility of the DAwards program while rewarding customers for everyday spending and summer shopping experiences.

Beyond customer-facing campaigns, Dukhan Bank also strengthened its role in supporting the development of Qatar’s Islamic finance sector through its participation as Strategic Partner at the 12th Doha Islamic Finance Conference. The event brought together industry leaders, policymakers, scholars, regulators, and technology experts to explore the future of Islamic finance in the age of agentic systems.

Together, these initiatives demonstrate Dukhan Bank’s ability to combine product relevance, digital convenience, and lifestyle-led value, while continuing to strengthen customer relationships through timely, Sharia-compliant propositions.

Unwavering performance and prestigious recognition

Dukhan Bank’s strong performance, strategic progress, and leadership in Islamic banking were recognized through a series of prestigious regional and international achievements during Q2 2026.

During the quarter, Dukhan Bank won the Best Business Card Offering in MENA 2026 award by MEED as part of the MENA Banking Excellence Awards 2026 for Retail, Digital & SME. The recognition highlights the Bank’s continued progress in delivering innovative, Sharia-compliant card solutions that support the evolving needs of businesses.

Adding to the quarter’s achievements, Talal Ahmed Al-Khaja, Chief Marketing & Communications Officer, was recognized by Forbes Middle East among The Middle East’s Most Influential CMOs 2026. The recognition highlights his role in strengthening Dukhan Bank’s brand positioning, customer engagement, and market visibility.

Together, these recognitions underscore Dukhan Bank’s continued delivery of long-term value, its leadership in Sharia-compliant banking, and its commitment to innovation, customer focus, and responsible growth.