Dukhan Bank Q.P.S.C. Overview
Pro stress-test →Dukhan Bank offers Sharia-compliant banking solutions including personal, corporate, private and digital banking services in Qatar. A culmination of the successful merger between Barwa Bank and International Bank of Qatar in 2019, Dukhan Bank emerges as one of the largest Shari'ah compliant banking institutions in the country.
Strategic Profile
Pro stress-test →The bank operates a wide-spread network of branches providing its robust customer base of over 150,000 customers with a range of financial services, powered by strong infrastructure, technology-led solutions, and highly skilled personnel, positioning it as one of the leaders in the Qatari market. In 2024, Fitch upgraded Dukhan Bank's Long-Term Issuer Default Rating from 'A-' to 'A' with a 'stable' outlook, and the bank ranks 4th in Qatar, and 23rd in the Middle East on Forbes Middle East's 30 Most Valuable Banks 2024 List.
Competitive Landscape
Pro stress-test →Dukhan Bank competes within Qatar's Islamic banking sector against major regional players including Doha Bank, Islamic Bank of Qatar, and Qatar Islamic Bank. As the 4th most valuable bank in Qatar, it maintains competitive advantage through digital innovation, comprehensive product offerings, and strong capital adequacy ratios, differentiating itself through advanced technology platforms and customer-centric service delivery.
Industry Context
Dukhan Bank Q.P.S.C. operates in Islamic Banking / Regional Banks.
Key facts
Founded: 2008 · Headquarters: Lusail, Qatar · Revenue: $789M · Market cap: QAR 18.8B