Masraf Al Rayan QPSC operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Masraf Al Rayan QPSC with three other
companies in this sector in QATAR :
Qatar International Islamic Bank QPSC
sales of 2.51 billion Qatari Rial [US$688.30 million]
of which 43%
Doha Bank QPSC
(5.22 billion Qatari Rial [US$1.43 billion]
of which 47%
was Corporate Banking), and
Qatar Islamic Bank QPSC
(7.88 billion Qatari Rial [US$2.16 billion]
of which 64%
was Wholesale Banking).
During the year ended December of 2019, sales at
Masraf Al Rayan QPSC were 5.20 billion Qatari Rial (US$1.43 billion).
increase of 7.2%
versus 2018, when the company's sales were 4.86 billion Qatari Rial.
This was the fifth consecutive year of sales increases at Masraf Al Rayan QPSC
(and since 2014, sales have increased a total of 80%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
20.3% in 2019, from
1.03 billion Qatari Rial to 1.24 billion Qatari Rial.
Masraf Al Rayan QPSC also saw significant increases in sales in
International Operations (up 9.6% to 341.99 million Qatari Rial)
Not all segments of Masraf Al Rayan QPSC experienced an increase in sales in 2019:
sales of Unallocated and Intergroup Transactions fell 0.9% to 29.54 million Qatari Rial.
(However, this segment's sales were only a very small portion of the company's overall sales).