Below are the financial statements of Qatar Islamic Bank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of QAR | 2024 | 2023 |
|---|---|---|
| Net income from financing activities | 9,583.95a | 8,579.73a |
| Net income from investing activities | 1,586.72a | 1,535.45a |
| Sukuk holders’ share of profit | -451.87a | -372.99a |
| Total income from financing and investing activities | 10,718.8a | 9,742.18a |
| Fee and commission income | 1,246.17a | 1,224.77a |
| Fee and commission expense | -378.82a | -335.53a |
| Net fee and commission income | 867.35a | 889.25a |
| Net foreign exchange gain | 94.07a | 50.46a |
| Share of results of associates | 66.49a | 60.05a |
| Other income | 2.58a | 1.09a |
| Total income | 11,749.28a | 10,743.03a |
| Staff costs | -668.31a | -655.99a |
| Depreciation | -67.17a | -75.15a |
| Other expenses | -413.61a | -386.09a |
| Total expenses | -1,149.09a | -1,117.23a |
| Net impairment losses on investment securities | -1.71a | -1.84a |
| Net impairment losses on financing assets | -865.32a | -1,057.96a |
| Net other impairment losses | -115.04a | -43.5a |
| Net profit for the year before tax and attribution to quasi-equity | 9,618.12a | 8,522.5a |
| Less: net profit attributable to quasi-equity holders | -4,988.34a | -4,221.62a |
| Profit for the year before tax | 4,629.79a | 4,300.88a |
| Tax expense | -29.87a | -12.95a |
| Net profit for the year | 4,599.91a | 4,287.93a |
| Net profit for the year attributable to | — | — |
| Equity holders of the Bank | 4,605.32a | 4,305.21a |
| Non-controlling interests | -5.41a | -17.28a |
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