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Qatar Islamic Bank (Q.P.S.C.) DSM:QIBK Stock Report

Last Price


Market Cap







23 May, 2022


Company Financials +
QIBK fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance5/6
Financial Health4/6

QIBK Stock Overview

Qatar Islamic Bank (Q.P.S.C.), together with its subsidiaries, offers banking products and services in Qatar and internationally.


Earnings are forecast to grow 11.93% per year

Earnings grew by 18.5% over the past year

Risk Analysis

No risks detected for QIBK from our risk checks.

Qatar Islamic Bank (Q.P.S.C.) Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Qatar Islamic Bank (Q.P.S.C.)
Historical stock prices
Current Share Priceر.ق24.99
52 Week Highر.ق28.00
52 Week Lowر.ق16.79
1 Month Change-1.11%
3 Month Change21.90%
1 Year Change47.00%
3 Year Change54.26%
5 Year Change138.00%
Change since IPO1,870.86%

Recent News & Updates

May 09
Do Qatar Islamic Bank (Q.P.S.C.)'s (DSM:QIBK) Earnings Warrant Your Attention?

Do Qatar Islamic Bank (Q.P.S.C.)'s (DSM:QIBK) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

QIBKQA BanksQA Market

Return vs Industry: QIBK exceeded the QA Banks industry which returned 17.9% over the past year.

Return vs Market: QIBK exceeded the QA Market which returned 14.8% over the past year.

Price Volatility

Is QIBK's price volatile compared to industry and market?
QIBK volatility
QIBK Average Weekly Movement3.9%
Banks Industry Average Movement4.6%
Market Average Movement4.0%
10% most volatile stocks in QA Market6.3%
10% least volatile stocks in QA Market2.6%

Stable Share Price: QIBK is not significantly more volatile than the rest of QA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: QIBK's weekly volatility (4%) has been stable over the past year.

About the Company

1982n/aBassel Gamaleldin Aly

Qatar Islamic Bank (Q.P.S.C.), together with its subsidiaries, offers banking products and services in Qatar and internationally. The company operates through four segments: Corporate Banking, Personal Banking, Group Function, and Local & International Subsidiaries. It offers current, savings/call, multicurrency, and time deposit accounts; certificates of deposit; and credit and debit cards.

Qatar Islamic Bank (Q.P.S.C.) Fundamentals Summary

How do Qatar Islamic Bank (Q.P.S.C.)'s earnings and revenue compare to its market cap?
QIBK fundamental statistics
Market Capر.ق59.05b
Earnings (TTM)ر.ق3.46b
Revenue (TTM)ر.ق6.86b


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QIBK income statement (TTM)
Cost of Revenueر.ق10.13m
Gross Profitر.ق6.85b
Other Expensesر.ق3.38b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)1.47
Gross Margin99.85%
Net Profit Margin50.53%
Debt/Equity Ratio164.8%

How did QIBK perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Qatar Islamic Bank (Q.P.S.C.) undervalued compared to its fair value and its price relative to the market?

Valuation Score


Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: QIBK (QAR24.99) is trading above our estimate of fair value (QAR9.78)

Significantly Below Fair Value: QIBK is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: QIBK is poor value based on its PE Ratio (17x) compared to the QA Banks industry average (14.7x).

PE vs Market: QIBK is poor value based on its PE Ratio (17x) compared to the QA market (16.6x).

Price to Earnings Growth Ratio

PEG Ratio: QIBK is poor value based on its PEG Ratio (1.4x)

Price to Book Ratio

PB vs Industry: QIBK is overvalued based on its PB Ratio (2.4x) compared to the QA Banks industry average (1.8x).

Future Growth

How is Qatar Islamic Bank (Q.P.S.C.) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QIBK's forecast earnings growth (11.9% per year) is above the savings rate (9%).

Earnings vs Market: QIBK's earnings (11.9% per year) are forecast to grow faster than the QA market (6.5% per year).

High Growth Earnings: QIBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: QIBK's revenue (7.7% per year) is forecast to grow faster than the QA market (2.9% per year).

High Growth Revenue: QIBK's revenue (7.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QIBK's Return on Equity is forecast to be low in 3 years time (18.9%).

Past Performance

How has Qatar Islamic Bank (Q.P.S.C.) performed over the past 5 years?

Past Performance Score


Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QIBK has high quality earnings.

Growing Profit Margin: QIBK's current net profit margins (50.5%) are higher than last year (44.9%).

Past Earnings Growth Analysis

Earnings Trend: QIBK's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: QIBK's earnings growth over the past year (18.5%) exceeds its 5-year average (9.2% per year).

Earnings vs Industry: QIBK earnings growth over the past year (18.5%) exceeded the Banks industry 17.5%.

Return on Equity

High ROE: QIBK's Return on Equity (14.6%) is considered low.

Financial Health

How is Qatar Islamic Bank (Q.P.S.C.)'s financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: QIBK's Assets to Equity ratio (7.7x) is low.

Allowance for Bad Loans: QIBK has a sufficient allowance for bad loans (265%).

Low Risk Liabilities: 89% of QIBK's liabilities are made up of primarily higher risk sources of funding.

Loan Level: QIBK has an appropriate level of Loans to Assets ratio (66%).

Low Risk Deposits: QIBK's Loans to Deposits ratio (701%) is high.

Level of Bad Loans: QIBK has an appropriate level of bad loans (1.4%).


What is Qatar Islamic Bank (Q.P.S.C.) current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: QIBK's dividend (2.3%) isn’t notable compared to the bottom 25% of dividend payers in the QA market (2.83%).

High Dividend: QIBK's dividend (2.3%) is low compared to the top 25% of dividend payers in the QA market (4.38%).

Stability and Growth of Payments

Stable Dividend: QIBK's dividend payments have been volatile in the past 10 years.

Growing Dividend: QIBK's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.2%), QIBK's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: QIBK's dividends in 3 years are forecast to be covered by earnings (52.6% payout ratio).

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Bassel Gamaleldin Aly (55 yo)



Mr. Bassel Gamaleldin Mohamed Aly has been Group Chief Executive Officer of Qatar Islamic Bank (S.A.Q.) since February 2013 and served as its Chairman of Management Board since April 23, 2016 until May 28,...

Leadership Team

Experienced Management: QIBK's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Experienced Board: QIBK's board of directors are seasoned and experienced ( 17.9 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Qatar Islamic Bank (Q.P.S.C.)'s employee growth, exchange listings and data sources

Key Information

  • Name: Qatar Islamic Bank (Q.P.S.C.)
  • Ticker: QIBK
  • Exchange: DSM
  • Founded: 1982
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ر.ق59.050b
  • Shares outstanding: 2.36b
  • Website:


  • Qatar Islamic Bank (Q.P.S.C.)
  • Grand Hamad Street
  • PO Box 559
  • Doha
  • Qatar


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.