Doha, Qatar: Bait Al-Mashura Finance Consultations released the ninth edition of its annual report on the performance of Islamic finance sector in Qatar for 2025. The report reviews the results of Islamic financial institutions and provides a comprehensive overview of the performance of Islamic finance institutions, as well as the country’s financial and economic landscape.
The report comes ahead of the opening of the 12th Doha Islamic Finance Conference, which will kick off tomorrow, Tuesday, June 16, under the theme ‘Islamic Finance in the Age of Agentic Systems’.
Organised by Bait Al-Mashura Finance Consultations in strategic partnership with Dukhan Bank, and with the official sponsorship of the Ministry of Commerce and Industry, the conference and the report together represent an integrated intellectual and regulatory platform aimed at supporting decision-makers, advancing the Islamic finance industry, and promoting the knowledge economy agenda in the State of Qatar.
Held under the patronage of H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs, the conference is supported by the General Directorate of Endowments at the Ministry of Endowments and Islamic Affairs as Diamond Sponsor, the Qatar Financial Centre (QFC) as Gold Sponsor, and Damaan Islamic Insurance Company (Beema) as Bronze Sponsor.
Taking place at Al Majlis Hall at Sheraton Grand Doha, the event will bring together representatives from government entities, international organisations, and financial and academic institutions specialising in economics, finance, and technology. Its outcomes are expected to contribute to the continued development of Qatar’s Islamic finance industry and further strengthen its global standing by addressing technological and regulatory transformations and the growing role of intelligent systems in financial services.
Prof. Dr. Khalid bin Ibrahim Al-Sulaiti (pictured), Vice Chairman of Bait Al-Mashura Finance Consultations, affirmed that the ninth edition of the “Islamic Finance in the State of Qatar Report” captures an important milestone in the sector’s growth journey, highlighting an industry that continues to enjoy strong investment appeal while reinforcing its position as one of the most advanced and stable financial sectors in the region.
He noted that the growth and expansion achieved in recent years reflect the success of the country’s prudent economic and financial policies, supported by a robust and effective regulatory and supervisory framework overseen by the Qatar Central Bank and the relevant authorities governing the sector.
He added that one of the defining characteristics of Qatar’s Islamic finance industry is its remarkable flexibility and ability to adapt to rapid global developments, whether in advanced financial technology (fintech), environmental and social sustainability requirements, or evolving financial business models.
He stressed that this adaptability has never come at the expense of strict adherence to Shariah principles and rulings, but rather has been achieved through a balanced approach that combines authenticity with innovation.
Prof. Dr. Al-Sulaiti said that according to the “Islamic Finance in the State of Qatar Report 2025”, total Islamic finance assets in Qatar recorded annual growth of 5.3% in 2025, reaching approximately QR718.5bn.
The report highlights the dominant position of domestic Islamic banks, which accounted for 87.8% of the total assets of the Islamic financial system. Islamic sukuk ranked second with a share of 11%, followed by the takaful insurance sector with 0.7%. The remaining share was distributed among Islamic finance and investment companies, mutual investment funds, and other Islamic financial institutions operating in the country.