Doha, Qatar: Masraf Al Rayan, a pioneer in digital banking in Qatar, has been named the best performing bank in Qatar by The Banker magazine, part of the Financial Times Group, as part of its 2026 ranking of the world’s top 1000 banks. This prestigious award recognizes banks that demonstrate outstanding financial performance and long-term resilience. The recognition reflects Masraf Al Rayan’s ability to consistently deliver strong results through disciplined execution, prudent risk management, and industry-leading operational efficiency.

The bank's recognition is based on its leading operational efficiency, having recorded a cost-to-income ratio of 17%, the best in the Qatari banking sector. Combined with its strong balance sheet and high-quality asset portfolio, these factors continue to support sustainable growth and create long-term value .

The bank's strong financial performance underscores this recognition, as it achieved net profits of QAR 4.835 billion in 2025, a 5% increase compared to the previous year. Its assets reached QAR 221.1 billion, and customer deposits reached QAR 142.7 billion. Building on this success, the bank delivered strong results in the first quarter of 2026, with net profits attributable to shareholders reaching QAR 986 million for the three months ending March 31, 2026. Assets increased to QAR 224 billion, with continued growth in the financing portfolio and customer deposits, reflecting the strength of the bank's business model .

The bank continues to strengthen its leading market position by offering a comprehensive suite of innovative, Sharia-compliant digital banking products and services. It also maintains strong credit ratings from international rating agencies, including A1 from Moody's, A-/A-2 from Standard & Poor's, and A from Fitch, reflecting its robust financial position and sound risk management approach .

On this occasion, Mr. Bassel Gamal, Group CEO of the bank, said: “We are delighted to be recognized by The Banker magazine and named the best performing bank in Qatar. This accolade reflects the bank’s strong financial performance, disciplined execution of its business strategy, and our continued focus on delivering added value to our customers and shareholders. This achievement would not have been possible without the dedication and commitment of our team, the unwavering support of our Board of Directors, and the trust and loyalty of our customers. As we continue to develop our digital solutions and strengthen our leading position, we remain committed to providing innovative and Sharia-compliant banking services, while maintaining the highest standards of operational excellence and delivering sustainable, long-term value to all our stakeholders.”

The Banker magazine's ranking of the top 1,000 global banks is a key benchmark in the banking sector. The world's 1,000 strongest banks are identified through the analysis of over 130 data points. This ranking provides a comprehensive overview of global banking performance by analyzing results by region and country, and it employs a rigorous methodology to identify the best-performing financial institutions.

For more information, please visit www.qib.com.qa

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