Compare Fixed Deposits in Qatar

Compare fixed deposit interest rates at Qatari banks.

20 live fixed deposits offers tracked across 17 Qatari providers, with rates from QAR 3. Data current as of 23 October 2026 and updated daily from the Giraffy database.

Live offers

20 live offers compared from 17 providers, from QAR 3. Updated daily.

Doha Bank Fixed Deposit 3 months Doha Bank

QAR 3

  • Term: 3 months

Arab Bank Qatar Fixed Deposit 6 months Arab Bank Qatar

QAR 3

  • Term: 6 months

HSBC Qatar Fixed Deposit 3 months HSBC Qatar

QAR 3.10

  • Term: 3 months

Al Khalij BNPP Fixed Deposit 3 months Al Khalij BNPP

QAR 3.10

  • Term: 3 months

Gulf Wahda Bank Fixed Deposit 3 months Gulf Wahda Bank

QAR 3.20

  • Term: 3 months

Masraf Al Rayan Fixed Deposit 6 months Masraf Al Rayan

QAR 3.50

  • Term: 6 months

Ahlibank Qatar Fixed Deposit 6 months Ahlibank Qatar

QAR 3.50

  • Term: 6 months

Woori Bank Qatar Fixed Deposit 12 months Woori Bank Qatar

QAR 3.60

  • Term: 12 months

Dukhan Bank Fixed Deposit 6 months Dukhan Bank

QAR 3.75

  • Term: 6 months

Commercial Bank Deposit Commercial Bank

4.50% gross

  • Interest Rate: ~4.50% p.a.
  • Term: 12 months
  • Min. Deposit: QAR 5,000

Ahlibank Qatar Fixed Deposit Ahlibank

4.55% gross

Ahlibank Qatar Fixed Deposit from Ahlibank. Interest Rate: ~4.55% p.a.; Term: 12 months; Min. Deposit: QAR 5,000.

  • Interest Rate: ~4.55% p.a.
  • Term: 12 months
  • Min. Deposit: QAR 5,000

Doha Bank Term Deposit Doha Bank

4.60% gross

  • Interest Rate: ~4.60% p.a.
  • Term: 12 months
  • Min. Deposit: QAR 5,000

Dukhan Bank Deposit Dukhan Bank

4.70% gross

Dukhan Bank Deposit is a fixed deposits offer from Dukhan Bank in Qatar. Key details — Interest Rate: ~4.70% p.a. (Islamic); Term: 12 months; Min. Deposit: QAR 5,000.

  • Interest Rate: ~4.70% p.a. (Islamic)
  • Term: 12 months
  • Min. Deposit: QAR 5,000

QNB Term Deposit QNB

4.75% gross

QNB Term Deposit is a fixed deposits offer from QNB in Qatar. Key details — Interest Rate: ~4.75% p.a.; Term: 12 months; Min. Deposit: QAR 5,000.

  • Interest Rate: ~4.75% p.a.
  • Term: 12 months
  • Min. Deposit: QAR 5,000

Masraf Al Rayan Murabaha Masraf Al Rayan

4.80% gross

Masraf Al Rayan Murabaha is a fixed deposits offer from Masraf Al Rayan in Qatar. Key details — Interest Rate: ~4.80% p.a. (Sharia-compliant); Term: 12 months; Min. Deposit: QAR 5,000.

  • Interest Rate: ~4.80% p.a. (Sharia-compliant)
  • Term: 12 months
  • Min. Deposit: QAR 5,000

What is a fixed deposit in Qatar?

A fixed deposit — also called a term deposit — locks a lump sum with a bank for a set period in return for a guaranteed return paid at maturity. It is one of the most popular low-risk savings tools in Qatar for residents and expats holding riyals or foreign currency. Islamic banks offer a Shariah-compliant equivalent, the Wakala or Mudaraba deposit, which pays an expected profit rate rather than conventional interest.

How the Qatari market works

Fixed deposits are offered by all major Qatari banks and regulated by the Qatar Central Bank, which sets the benchmark rates that influence deposit pricing. You choose a term — typically one month to several years — and a currency, most often Qatari riyals (QAR), which is pegged near 3.64 to the US dollar. Conventional banks quote an interest rate; Islamic banks such as QIB and Masraf Al Rayan quote a profit rate on Shariah-structured deposits.

Benefits

Guaranteed return — The rate is fixed at the outset, so you know the payout at maturity.

Capital security — Deposits with licensed Qatari banks carry very low risk to principal.

Shariah options — Islamic banks offer profit-based deposits for compliant savers.

Higher rates than current accounts — Locking funds typically earns more than instant-access balances.

How to choose

Compare the headline rate against the term and any minimum-balance requirement, and be sure you will not need the money before maturity, since early withdrawal usually forfeits some or all of the return. Decide between conventional interest and an Islamic profit rate, and check whether interest is paid monthly, at maturity, or compounded. Longer terms and larger balances often earn more, but weigh that against flexibility and expected rate movements.

Leading providers in Qatar

Fixed and term deposits are offered by QNB, Commercial Bank, Doha Bank, Ahlibank and Gulf Wahda Bank on a conventional basis, and by Qatar Islamic Bank, Masraf Al Rayan and Dukhan Bank on a Shariah-compliant profit basis. Rates and minimum deposits vary by bank, term and currency, so it is worth comparing several before locking in.

What it costs

Fixed deposits do not cost a fee — instead the return is the rate you earn. On the compared products, rates run from roughly 3.0% to 4.8% depending on term, balance and currency. Islamic deposits express this as an expected profit rate. The main cost to watch is opportunity: breaking the deposit early typically reduces or cancels the return, so match the term to your cash-flow needs.

Protections and regulation

Banks in Qatar are licensed and supervised by the Qatar Central Bank, which oversees prudential soundness and conduct. Qatar's banking sector is well-capitalised, giving fixed deposits a strong safety profile, though there is no single publicly branded deposit-insurance scheme equivalent to some Western markets — protection rests on QCB supervision and bank strength. Islamic deposits additionally follow Shariah-board governance for compliance.

Common questions

Is my capital safe? — Deposits with QCB-licensed banks are very low risk. Can I withdraw early? — Usually yes, but you typically lose some or all of the return. Is there an Islamic version? — Yes; QIB, Masraf Al Rayan and Dukhan offer profit-rate deposits. Can expats open one? — Yes; residents can hold QAR or foreign-currency deposits.

The cheapest Fixed-Rate Deposits in Qatar is QAR 3 from Doha Bank.

Fixed-Rate Deposits in Qatar — FAQ

What is the best fixed deposit rate in Qatar right now?

Giraffy tracks 20 fixed-rate deposit accounts across 17 banks in Qatar. The best rate currently tracked is QAR 3. Sort by highest rate and compare term lengths to see which account suits your timeline.

What is a fixed-rate deposit and how does it work?

A fixed-rate deposit (also called a fixed-term bond or term deposit) locks your money away for a set period — typically 3 months to 5 years — in exchange for a guaranteed interest rate. You agree the rate upfront, so rising or falling market rates don't change your return.

Are fixed deposits safe?

Yes — deposits are regulated under the Qatar Central Bank. Fixed deposits at QCB-regulated institutions are typically among the lowest-risk savings options available. Rates are guaranteed; your principal and interest are protected up to the scheme limit.

Can I withdraw money early from a fixed deposit?

Most fixed deposits penalise early withdrawal — typically forfeiting 30–180 days of interest, depending on the institution and term length. Some accounts don't allow withdrawal at all before maturity. Check the early-exit penalty before locking in a large sum.

What is the difference between a fixed deposit and an easy-access savings account?

Fixed deposits pay a higher rate in exchange for locking your money away for a defined term. Easy-access accounts let you withdraw any time but pay a lower variable rate. If you have a cash lump sum you won't need for 6–24 months, a fixed deposit typically earns more.

What happens at the end of a fixed deposit term?

At maturity, most banks automatically roll your deposit into a new term at the prevailing rate — which may be higher or lower than your original deal. Set a diary reminder to review and re-compare rates before auto-renewal if you want to ensure you get the best rate available.

How are fixed deposit rates set in Qatar?

Fixed deposit rates are closely linked to the central bank's benchmark rate. When the Qatar Central Bank (QCB) raises rates, banks tend to offer higher deposit returns — and vice versa. Comparing regularly helps you catch rate rises before banks reduce their offers.