Is QNB (QNBK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Banks - Diversified | ✗ NOT HALAL | |||
| DJIM | Excluded — Banks - Diversified | ✗ NOT HALAL | |||
| MSCI | Excluded — Banks - Diversified | ✗ NOT HALAL | |||
| S&P | Excluded — Banks - Diversified | ✗ NOT HALAL | |||
| FTSE | Excluded — Banks - Diversified | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 67.9% | |
| Net Margin | 48.9% | |
| Return on Equity (ROE) | 14.6% | |
| Return on Assets (ROA) | 1.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$35.2B |
| Free Cash Flow | -$36.8B |
| Total Debt | $104.7B |
| Total Assets | $1.4T |
Price & Trading
| Last Close | QAR 16.90 |
| 50-Day MA | QAR 19.20 |
| 200-Day MA | QAR 18.63 |
| Avg Volume | 3.0M |
| Beta | 0.3 |
|
52-Week Range
QAR 14.82
| |
About QNB (QNBK)
Qatar National Bank (Q.P.S.C.), together with its subsidiaries, provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally. It operates in four segments: Corporate Banking, Consumer Banking, Asset and Wealth Management, and International Banking. The company offers personal banking products and services, including current, savings, fixed deposit, and call-notice deposit accounts; personal, vehicle, vehicle lease, and mortgage loans, as well as other lending; life, salary continuation, critical illness, motor, mortgage, and travel insurance products; life insurance saving and investment products; asset management services; credit, debit, and prepaid cards; and payment, mobile, Internet, ATM, ITM, SMS, and USSD banking services. It also provides business banking products and services, such as current, call, fixed deposit, SME, and non-resident accounts; working capital, syndicated, project, and vehicle loans; contractor, structured, trade, and project finance; short and medium-term advances, bank guarantees, contract guarantees, letters of credit, and treasury products; foreign trade, retail, foreign exchange and currency and cash management services; commercial and transaction banking services; and credit cards. In addition, the company offers investment and advisory, and brokerage and custody services. It serves the government, government agencies, individuals, and corporate sectors. The company was formerly known as Qatar National Bank S.A.Q. and changed its name to Qatar National Bank (Q.P.S.C.) in January 2016. The company was incorporated in 1964 and is based in Doha, Qatar.
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Frequently Asked Questions
Is QNB (QNBK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), QNB 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 QNB's debt ratio?
QNB's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are QNB's key financial metrics?
QNB has a market capitalization of $152.1B, trailing P/E ratio of 9.6, and revenue of $44.1B. Return on equity stands at 14.6%.
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.