Is Qatar Islamic Bank (QIBK) Halal?

QSE Financial Services Qatar $53.0B
✗ NOT HALAL
Confidence: 95/100
Qatar Islamic Bank (QIBK) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
11.5
Forward: 12.5
EPS
$1.95
Dividend Yield
398.0%
Payout: 48.7%
P/B Ratio
1.8
Revenue
$6.5B
Growth: -5.0%
Beta
0.5
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 45.9%
Net Margin 43.3%
Return on Equity (ROE) 14.7%
Return on Assets (ROA) 2.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$1.3B
Free Cash Flow-$1.4B
Total Debt$23.2B
Total Assets$221.1B

Price & Trading

Last CloseQAR 22.60
50-Day MAQAR 23.98
200-Day MAQAR 23.86
Avg Volume1.1M
Beta0.5
52-Week Range
QAR 19.25
QAR 25.97

About Qatar Islamic Bank (QIBK)

CEO
Mr. Bassel Gamaleldin Mohamed Aly
Sector
Financial Services
Industry
Banks - Regional
Country
Qatar
Exchange
QSE
Market Cap
$53.0B
Currency
QAR

Qatar Islamic Bank (Q.P.S.C.), together with its subsidiaries, provides corporate, retail, and investment banking products and services in Qatar and internationally. The company operates through four segments: Corporate Banking, Personal Banking, Group Function, and Local & International Subsidiaries. It offers current, savings/call, bedaya, misk, minor, domestic worker, checking, and time deposit accounts; term deposits; growing deposits; certificates of deposit; prepaid, credit, charge, co-branded, and debit cards; and digital wallets. The company also provides personal, car, home, instant, working capital, asset, mortgage and real estate, project, contracting, start-up business, trade, and fleet and heavy equipment finance, as well as finance for general corporate purposes; foreign exchange services; and import and export letters of credit. In addition, it offers accounts and cash management; trade finance services, such as letters of credit, letters of guarantee, documentary/bills collection, and shipping guarantees services; and treasury services, including liquidity management, Sukuk, foreign exchange, hedging services, and investment products. Further, the company provides education, auto, family shield, travel, group credit life, and saving Takaful programs; point of sale solutions and online payment gateways; insurance; remote deposit cheques; wages protection systems; payroll, cash and cheque collection, overnight vaulting, and wealth management services; Internet, phone, SMS, mobile, and automated teller machines and cash deposit machines banking services; and transfer services. The company serves individual customers, institutional investors, corporates, small and medium enterprises, financial institutions, and investment vehicles. Qatar Islamic Bank (Q.P.S.C.) was incorporated in 1982 and is headquartered in Doha, Qatar.

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Frequently Asked Questions

Is Qatar Islamic Bank (QIBK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Qatar Islamic Bank is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Qatar Islamic Bank's debt ratio?

Qatar Islamic Bank's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Qatar Islamic Bank's key financial metrics?

Qatar Islamic Bank has a market capitalization of $53.0B, trailing P/E ratio of 11.5, and revenue of $6.5B. Return on equity stands at 14.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.