First Bank ranks 10 largest Islamic banks in Arab world at end-June 2026

Translated & Edited by Aya Elsayed

The 10 largest Islamic banks in the Arab world retained their positions in H1 2026, leaving First Bank ranking unchanged from end-2025.

Al Rajhi Bank maintained its lead in the Arab Islamic banking sector, with assets reaching USD 280.73 billion at end-June 2026, compared with USD 278.15 billion at end-2025, representing marginal growth of 0.9 per cent during the first half of the year.

Kuwait Finance House (KFH) ranked second despite a 1.3 per cent decline in assets during H1 2026 to USD 137.11 billion at end-June from USD 138.88 billion at end-2025. The bank retained its position, supported by the wide gap between its asset base and that of its nearest competitor.

Dubai Islamic Bank (DIB) remained third, with assets rising 1.7 per cent to USD 115.22 billion at end-June 2026 from USD 113.25 billion at end-2025.

Alinma Bank also retained fourth place, with assets growing 5.7 per cent to USD 87.64 billion at end-June from USD 82.93 billion at end-2025.

Abu Dhabi Islamic Bank (ADIB) remained fifth after its assets rose 8.3 per cent to USD 82.75 billion at end-June from USD 76.44 billion at end-2025.

Qatar Islamic Bank (QIB) held sixth place, with assets reaching USD 64.24 billion at end-June 2026, up 6.2 per cent from USD 60.48 billion at end-2025.

Al Rayan Bank remained seventh, with assets rising 1.9 per cent to USD 50.52 billion at end-June 2026 from USD 49.59 billion at end-2025.

Bank Albilad retained eighth place after its assets increased 7.6 per cent to USD 49.63 billion at end-June from USD 46.12 billion at end-2025.

Bank AlJazira remained ninth, with assets rising 9 per cent to USD 48.22 billion at end-June 2026 from USD 44.24 billion at end-2025, marking the fastest asset growth among the top 10 banks.

Emirates Islamic Bank rounded out the ranking in 10th place, with assets increasing 5.5 per cent to USD 41.88 billion at end-June 2026 from USD 39.69 billion at end-2025.