Lusail – Qatar, 12 April 2026: Dukhan Bank convened its Ordinary Annual General Meeting (AGM) on 12 April 2026 via video conferencing through the Zoom application. The meeting was chaired by H.E. Sheikh Abdulla Bin Fahad Bin Jassim Al-Thani, Chairman of the Board of Directors, in the presence of 86.46% of the Bank’s shareholders.
During the AGM, all the items on the agenda were discussed, including listening to and endorsing the Board of Director’s Report on the results of the Bank and financial statements for year ended December 31, 2025, and discussion of the plan for the year 2026.
The meeting addressed the Dukhan Bank Governance Report for the year 2025, adopted the Sharia Supervisory Board report for the fiscal year ended December 31, 2025, and endorsed the external auditors’ report on the bank’s balance sheet and financial statements for the fiscal year ended December 31, 2025. It also discussed and approved of the Bank’s balance sheet and profit and loss for the fiscal year ended December 31, 2025 and validated them.
The AGM approved the Board’s proposal to distribute an additional cash dividend of 8% of the nominal value per share, equivalent to QAR 0.08 per share, for the second half of the fiscal year ending December 31, 2025. This brings the total cash dividends for the fiscal year 2025 to 16% of the nominal value per share, equivalent to QAR 0.16 per share. The assembly absolved the Board members from liability for the year ended December 31, 2025 and approved the compensation prescribed to them.
The AGM also approved the renewal of the Sharia Supervisory Board of Dukhan Bank and its Group for a period of three years (2026-2028).
In addition, the General Assembly approved a series of strategic financing and capital optimization measures aimed at enhancing the Bank’s funding flexibility and supporting its long-term growth objectives. Shareholders endorsed the increase of the aggregate maximum limit of the Bank’s mid-term sukuk issuance program from USD 2 billion to USD 3 billion, with the flexibility to issue sukuk through a special purpose vehicle established either within or outside the State of Qatar, as determined by the Board of Directors. The Assembly also authorized the Board to make necessary amendments to the program, including the replacement or redomiciliation of the current issuer, BBG Sukuk Ltd (Cayman Islands), to another suitable jurisdiction, including the Qatar Financial Centre, if required.
Furthermore, the assembly granted the Board of Directors full authority to manage and execute the sukuk program and any issuances thereunder within the approved limit, including updating program documentation, approving issuances, and undertaking all actions required for listing on relevant stock exchanges, subject to applicable regulatory approvals.
The Assembly also approved the issuance of capital instruments eligible for inclusion in Additional Tier 1 capital of up to QAR 4 billion, provided that such instruments are not convertible into ordinary shares of the Bank. In this regard, the Board of Directors was authorized to determine the size, structure, terms and conditions, issuance currency, and listing venue of such instruments, as well as to take all necessary actions related to their issuance and listing, in accordance with Qatar Central Bank regulations and other relevant supervisory authorities.
The assembly nominated the external auditors of the Bank for the year 2026 and determined the fees to be paid to them.
H.E. Sheikh Abdulla Bin Fahad Bin Jassim Al-Thani, Chairman of the Board of Directors, presented a comprehensive report on the bank’s activities and financial outlook, highlighting the most significant results achieved in 2025.
The Bank recorded a net profit before the effect of Pillar 2 tax of QAR 1.41 billion for the financial year ended 31 December 2025, representing an increase of 5% compared with 2024. Furthermore, net profit, after taking into account the effect of Pillar 2 tax, amounted to QAR 1.26 billion, with an Earnings Per Share of QAR 0.227, while the total income for the year stood at QAR 5.42 billion and net income from financing activities reached QAR 4.8 billion. In addition, the Bank’s total assets reached QAR 123.8 billion, and financing assets increased to QAR 90 billion, reflecting growth of 4% compared with 2024.
The financial results showed that the Bank’s total equity soared to QAR 15
20 billion, showing a growth of 3%. The total capital adequacy ratio was 18.2% as of 31 December 2025, significantly above the minimum requirements set by the Qatar Central Bank and in line with Basel III standards, providing a strong foundation for sustainable growth. Return on tangible equity and assets (before the effect of Pillar 2 tax) were 11.3% and 1.2% respectively, for the year 2025.
Commenting on the Bank’s achievements, H.E. Sheikh Abdulla Bin Fahad Bin Jassim Al-Thani, Chairman of the Board of Directors, highlighted that 2025 marked a year of consistent and resilient progress for Dukhan Bank. He noted that the Bank’s performance reflects the strength of its business model, the continued trust of its customers and shareholders, and its ability to navigate a dynamic operating environment while maintaining a clear focus on long-term value creation. Throughout the year, the Bank accelerated its investments in digital capabilities to further enhance customer experience, with advancements across technology, payments, and card-related services enabling more seamless, accessible, and convenient Sharia-compliant banking solutions aligned with evolving customer needs.
Sheikh Abdulla further emphasized the Bank’s continued commitment to strong governance, disciplined risk management, and financial resilience, which remain central to its growth strategy and ensure sustainable and responsible development in line with its Islamic values. Looking ahead, he affirmed that Dukhan Bank will continue to build on these solid foundations, with a focus on innovation, service excellence, and prudent growth, while prioritizing the creation of sustainable value for all stakeholders and contributing to Qatar’s broader economic and social development.
During 2025, Dukhan Bank continued to advance its digital innovation agenda, strengthening lifestyle-led campaigns, card usage propositions, and seamless payment solutions to deepen customer engagement, all underpinned by Sharia-compliant design.During the year, Dukhan Bank launched the first card-linked offers program of its kind in the CEMEA region, in collaboration with Visa, introducing personalized, merchant-linked offers designed to enhance everyday card usage. The program enables eligible cardholders to access exclusive offers through participating merchants across the region, reinforcing the Bank’s focus on digitally enabled, experience-driven engagement.Building on its high-net-worth proposition, Dukhan Bank continued to promote its exclusive lifestyle benefits for Visa Infinite Credit Card holders, including valet parking for a nominal fee, premium health club privileges, Visa travel, dining, and lifestyle benefits, and DAwards as a welcome benefit, reinforcing its commitment to delivering differentiated, personalized banking experiences for elite customers.The Bank also continued to strengthen its DAwards program, offering customers a broader range of redemption options across lifestyle, travel, retail, dining, and service categories. The program provides customers with greater flexibility in redeeming DAwards through an expanding network of participating merchants and platforms.
Dukhan Bank also expanded the adoption of Himyan Apple Pay, alongside ongoing enhancements aimed at making digital payments and fund transfers faster, more secure, and more intuitive, supporting the Bank’s broader digitization strategy.
These developments reflect Dukhan Bank’s sustained focus on integrating finance with best-in-class digital experiences, reinforcing its leadership in modern Islamic banking and customer-focused innovation.
Unwavering excellent performance and prestigious awards
Dukhan Bank’s continued commitment to innovation and service excellence was further recognized, building on earlier achievements with sustained regional and global recognition. During the year, the Bank was honored with the ‘Best Digital Transformation in the MENA Region’ at the 2025 MEED Banking Excellence Awards, acknowledging its progress across retail, digital, and SME banking. It also received the ‘Excellence in Global Islamic Private Banking for the Year 2025’ from the World Union of Arab Bankers, highlighting its leadership in Sharia-compliant wealth management and innovative client solutions.Further strengthening its global standing, Dukhan Bank was named the ‘World’s Best Islamic Private Bank’ by the Global Finance Awards 2025 for the second consecutive year, reaffirming its position as a leading Islamic financial institution on the international stage.During the year, Dukhan Bank also received a sustainability award from the Ministry of Environment and Climate Change, recognizing the Bank’s commitment to responsible banking practices and its alignment with national environmental and sustainability objectives.Complementing these achievements, Fitch and Moody’s ratings reaffirmed Dukhan Bank’s long-term rating at ‘A’ and ‘A2’, respectively, with a ‘stable’ outlook, reflecting the Bank’s strong capitalization, resilient asset quality, and disciplined risk management framework.Collectively, these milestones underscore Dukhan Bank’s consistent delivery of sustainable long-term value, its leadership in Islamic digital banking, and its alignment with Qatar’s national development objectives through innovation and stability.
Based on the decision of the Ordinary General Assembly of Dukhan Bank held on 12 April, 2026 to distribute additional cash dividends of 8% of the nominal value of the share to the shareholders, equivalent to QAR 0.08 per share. taking the total cash dividend for the financial year 2025 to 16% of the nominal share value (QAR 0.16 per share). Dukhan Bank is pleased to inform the honorable shareholders that their additional dividends for the fiscal year 2025 will be distributed from April 14, 2026.
The dividends will be deposited directly into the bank accounts of the shareholders whose details are registered with Qatar Central Securities Depository.