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Dukhan Bank

Made Today

بنك دخان

A Sharia-compliant Qatari bank in Doha, formerly Barwa Bank, founded in 2008 and renamed Dukhan Bank in 2020 after its merger with International Bank of Qatar; it is the third-largest Islamic bank in Qatar and was listed in 2023.

Depth

At a glance

Region
Arabia

Trade and financeThe halal economy

In the Modern Islam Browser

Modern Islam BrowserEnterprise, brands and finance2008Qatar

Honours

Footprint

On Wikipedia in:en (read on 2026-11-06)

Summary

Dukhan Bank, formerly Barwa Bank, is a Sharia-compliant bank in Doha, the third-largest Islamic bank in Qatar, serving more than 150,000 customers through eight branches in 2025. 1

Founding and merger

Barwa Bank was incorporated in 2008 and began operating in 2009; it became Dukhan Bank in October 2020 after merging with International Bank of Qatar, and was listed on the Qatar Stock Exchange in 2023. 1

Course

In 2022 it brought Google Pay and Samsung Pay to Qatar; in 2024 it issued a US$800 million sukuk; in December 2025 Qatar Museums announced a partnership with it for the Dadu children's museum and a numismatic centre. 1

The frozen Iranian funds

It was reported to be one of two Qatari banks holding US$6 billion of frozen Iranian funds, moved to Qatar in 2023 under a prisoner-exchange agreement and then frozen again. 1 In April 2026 Iranian sources said the United States had agreed to release them; the United States denied it. 1

Recognition

Global Finance named it the World's Best Islamic Private Bank in 2024, 2025 and 2026, and it was 23rd on Forbes Middle East's 30 Most Valuable Banks 2025. 1 2

References

  • English Wikipedia, "Dukhan Bank", revision 1383446076. 1
  • Forbes Middle East, 2025 lists. 2

Connections

Explore the connections

Awarded
Forbes Middle East lists

People and things also explored

Abu Dhabi Islamic Bank· Alrajhi Bank· Alinma Bank· Bank Albilad· Dubai Islamic Bank· Emirates Islamic· Kuwait Finance House (KFH)· Qatar Islamic Bank

Sources

  1. Dukhan Bank — English Wikipedia
  2. Forbes Middle East lists, 2025 (as cited for Kuwait Finance House)
  • Wikidata
Cite this page

islam.museum contributors. “Dukhan Bank”. islam.museum, https://islam.museum/en/listing/dukhan-bank/. CC BY-SA 4.0. Last updated 2026-11-07.

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Abu Dhabi Islamic Bank

An Emirati bank in Abu Dhabi, established as a public joint-stock company by Amiri Decree No. 9 on 20 May 1997, which began commercial operations on 11 November 1998 and carries out all its contracts according to Shari'a principles; it has operations in Egypt, Qatar, Iraq, Sudan and Saudi Arabia, and was 12th on Forbes Middle East's 30 Most Valuable Banks 2025.