AlRayan Bank reports net profit of QR687m for H1

Doha, Qatar: AlRayan Bank released yesterday its consolidated financial statements for the six-month period ended 30 June 2026 with net profit attributable to the equity holders of the bank of QR687m.

H E Sheikh Mohammed bin Hamad bin Qassim Al Thani, Chairman of the Board commented: “Our strategic priorities remain centered on sustainable growth, innovation, and customer excellence. We continue to advance our digital transformation agenda, invest in new capabilities, and strengthen our portfolio of Sharia-compliant products and services. By maintaining a disciplined approach to growth and execution, we are well positioned to create long-term value for our stakeholders and support the economic development of the markets in which we operate.”

Commenting on H1 financials, Fahad bin Abdulla Al Khalifa, Group Chief Executive Officer said: “We delivered a resilient performance during the first half of the year. Profit before tax stood at QR810m while financing assets and customer deposits increased year-on-year by 1.5% and 8.4%, respectively. Our strategy remains focused on sustainable profitability, balancing business expansion with disciplined risk management and operational efficiency.

We continue to maintain a strong liquidity and capital position, supported by a robust capital base and stable long-term funding profile. These fundamentals provide us with the financial flexibility and resilience to navigate evolving market conditions while continuing to create value for our customers and stakeholders.”