State of Qatar

IFRS 16 Lease Accounting in Qatar

Localized lease accounting automation, contract intelligence, and audit-ready disclosures for financial institutions in the State of Qatar

Regulatory Context

Qatar IFRS 16 Requirements

The Qatar Central Bank (QCB) mandates IFRS 16 compliance for all licensed banks and financial institutions. As the GCC's Islamic finance hub and home to QFC/QFCRA, Qatar requires comprehensive lease identification, measurement, and disclosure.

Qatar Central Bank (QCB)

Primary regulator for IFRS 16 implementation and lease disclosures

Annual Lease Disclosures

Comprehensive lease portfolio disclosures in financial statements

Islamic Finance Excellence

Specialized treatment for Ijara, Musharaka, and Islamic lease structures

QFC/QFCRA Integration

Harmonized lease accounting across Qatar Financial Centre jurisdictions

Key Compliance Milestones

2019
IFRS 16 Adoption
Qatari banks began transition with QCB guidance
2021
Practical Expedients
QCB allowed low-value and short-term lease exemptions
2022
FIFA World Cup Impact
Enhanced lease accounting for infrastructure and hospitality sectors
2024
Enhanced Monitoring
QCB increased focus on lease portfolio quality and climate disclosures
Localized Solution

ContractHive for Qatar Banks

AI-powered lease accounting automation tailored to QCB regulatory requirements and Qatari market conditions

QCB Disclosure Templates

Pre-configured outputs matching Qatar Central Bank lease disclosure requirements

Islamic Banking Hub

Comprehensive processing for Qatar's leading Islamic lease instruments

Multi-language Processing

Advanced contract processing for Arabic and English lease documents

Trusted by Leading Qatari Banks

FineIT's ContractHive serves multiple Qatari banks and QFC-regulated institutions with QCB-compliant IFRS 16 solutions. Our deep understanding of Qatar's Islamic finance sector and Vision 2030 initiatives ensures contextual accuracy.

35+
Lease Portfolios
95%
Processing Accuracy
24/7
GCC Support

Benefits for Qatar Institutions

Proven advantages from our Qatari ContractHive clients

75%
Time Saved on Processing
99.3%
Lease Recognition Accuracy
24/7
Regional Support
AR/EN
Bilingual AI Processing
Regional FAQs

Frequently Asked Questions - Qatar

Common questions from Qatari financial institutions

Partner with FineIT for IFRS 16 Compliance in Qatar

Join leading Qatari banks using ContractHive for automated lease accounting