23. Dukhan Bank

Country: Qatar
Acting Group CEO: Ahmed Hashem
Market value: $5.8 billion

Dukhan Bank was incorporated in 2008 under the name Barwa Bank and began operating as a full-service Shariah-compliant bank in 2009. It rebranded to Dukhan Bank in October 2020, following a merger with the International Bank of Qatar in 2019. The bank was listed on the Qatar Stock Exchange in February 2023. As of December 2023, it served more than 150,000 customers through nine branches, six digital e-channels, and 67 ATMs. In 2023, Dukhan Bank recorded $31.4 billion in total assets, with a net profit of $357.7 million. The General Retirement and Social Insurance Authority is the largest shareholder, with a 24.56% stake, as of March 2024.