Top Banks in Qatar
Based on recent rankings from sources like Forbes Middle East's 2024 Most Valuable Banks list, Global Finance's 2025 awards, and The Banker's Top 100 Arab Banks 2024, here are the top 10 banks in Qatar, listed in approximate order of market value and assets (over $400 billion total sector-wide). I've included a brief note on each, along with their official website URLs for direct access.
Qatar National Bank (QNB)
https://www.qnb.com
The largest bank in Qatar and the Middle East, with over $325 billion in assets, serving 30 million customers across 28 countries through retail, corporate, and digital banking.
Qatar Islamic Bank (QIB)
https://www.qib.com.qa/en/
Qatar's leading Shariah-compliant bank, holding 36% of the Islamic banking market, known for innovative digital tools and awards like Global Finance's Best Bank in Qatar for 2024.
AlRayan Bank
https://www.alrayan.com/en
Al Rayan Bank (often stylized as AlRayan Bank) is a prominent Sharia-compliant Islamic financial institution headquartered in Qatar. It operates as one of the largest banks in the country, offering a range of retail, corporate, investment, and brokerage services while adhering strictly to Islamic finance principles, such as prohibiting interest (riba) and emphasizing ethical investments. The bank was founded in 2004 as Masraf Al Rayan (MAR) and has since expanded internationally.
Key Operations and Services
Core Offerings: Includes current and savings accounts, home finance, personal finance, credit cards, and investment products. All services are designed to be risk-sharing and profit-based, ensuring full Sharia compliance overseen by an independent Sharia Supervisory Committee.
Commercial Bank of Qatar (CBQ)
https://www.cbq.qa/en/
Recognized as Qatar's best-performing bank in The Banker's 2025 rankings, excelling in digital solutions and corporate services with extensive branch coverage. https://www.cbq.qa/en/
Doha Bank: A key conventional bank with competitive rates on deposits and loans, featuring a iconic Doha headquarters and 24 branches focused on retail and international trade. Website: https://www.dohabank.com.qa/
Dukhan Bank: An Islamic institution emphasizing sustainable financing and mobile apps, with nine branches and a merger history boosting its SME support.
https://www.dukhanbank.com/en/
Qatar International Islamic Bank (QIIB): Offers full Shariah-compliant services to personal and corporate clients, with over 20 branches and high ratings from Fitch and Moody's.
https://www.qiib.com.qa/
Ahlibank: Established in 1983, it provides retail, corporate, and treasury services across 11 branches, symbolized by its "oyster shell" brand for asset protection.
https://www.ahlibank.com.qa/
Al Khalij Commercial Bank: Focuses on premium retail and private banking with competitive rewards, operating a growing network in Qatar.
https://www.akcb.com/en/
Barwa Bank: A Shariah-based bank (post-2019 merger with IBQ) offering personal and business financing through nine branches and 74 ATMs.
https://www.barwabank.com.qa/
Qatar National Bank (QNB) – One of the largest financial institutions in the region. Website: qnb.com/qnbqatar
Doha Bank – Known for retail and corporate banking services. Website: qa.dohabank.com
Commercial Bank of Qatar (CBQ) – Offers a wide range of financial products. Website: cbq.qa
Qatar Islamic Bank (QIB) – A leading Islamic bank in Qatar. Website: qib.com.qa
Qatar International Islamic Bank (QIIB) – Provides Sharia-compliant banking services. Website: qiib.com.qa
Masraf Al Rayan – Offers Islamic banking solutions. Website: alrayan.com
Ahlibank – A well-established bank with diverse offerings. Website: ahlibank.com.qa
Dukhan Bank – Formed from a merger of Barwa Bank and International Bank of Qatar. Website: dukhanbank.com
Qatar Development Bank (QDB) – Focuses on supporting SMEs and development projects. Website: qdb.qa
Banks in Qatar
Insurance Qatar