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AlRayan Bank reports net profit of QR1,320m for Q3

AlRayan Bank reports net profit of QR1,320m for Q3

The Peninsula
Thursday, October 30, 2025 07:55:27 AM UTC

Doha: AlRayan Bank released yesterday its consolidated financial statements for the nine month period ended 30 September 2025 with net profit attribut...

Doha: AlRayan Bank released yesterday its consolidated financial statements for the nine-month period ended 30 September 2025 with net profit attributable to the equity holders of the bank of QR1,320m.

Chairman of the Board, H E Sheikh Mohammed bin Hamad bin Qassim Al Thani commented: “Our continued strong performance across Qatar and international markets reflects the strength of our strategy and the trust of our clients. As of 30 September 2025, the Group’s total assets surged to QR176bn, up 6.4% year-on-year, driven by robust growth in investment securities (+19.3%) and financing assets (+3.1%).In Q3,our fully owned subsidiary, AlRayan Investment, was named the Best Equity Manager at the 2025 MENA Banking Excellence Awards organized by MEED. In addition, the Bank also launched a new trade finance digital platform which allows full automation of all customer trade transactions.

"These achievements not only reinforce our leadership in the financial sector but also highlight our firm commitment to innovation, digital transformation, and delivering Sharia-compliant banking solutions that put our customers first”.

Commenting on Q3 financial performance, Fahad bin Abdulla Al Khalifa, Group Chief Executive Officer said: “I am pleased to announce that the Group recorded a net profit of QR1,320m for the nine-month period ended 30 September 2025, representing a 2.5% increase compared to the same period last year. This strong performance is a testament to our sound fundamentals and unwavering commitment to sustainable growth. AlRayan became the first Islamic Bank in Qatar to launch Visa Commercial Pay, a payment proposition to enhance the experience of corporate clients.

"The Bank also launched a merchant e-commerce gateway to enable corporate and SME clients to seamlessly accept e-commerce transactions. Our continued focus on cost discipline and operational efficiency has enabled us to maintain a strong efficiency ratio of 27.8%, while driving innovation across the Bank through enhanced digital capabilities, streamlined processes, and customer-focused solutions.”

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