Strong Deposits, Record CASA, and Digital Expansion Gains Drive Resilience; Bank Named Pakistan’s Best Islamic Bank
BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, reported a profit before tax (PBT) of PKR 8.95 billion for the first half of 2025 and announced an interim dividend of PKR 1.50 per share (15%) as it continues to transform into a digital and regionally competitive institution.
BankIslami’s Non-Funded income surged by over 90%, despite declining policy rates and compressed spreads. While total income contracted by 4.9%, the decline was modest compared with industry trends. Operating expenses rose 47%, reflecting strategic investments in branch network expansion, digital infrastructure, and the acquisition of the 32-storey tower in Karachi, set to become the bank’s new headquarters.
Deposits grew by 12.7%, driven by a 37.9% increase in current accounts, pushing the CASA ratio to a record 70%. The Capital Adequacy Ratio stood at 19.37%, comfortably above regulatory requirements, while the Asset-to-Deposit Ratio remained healthy at 43.3%. Delinquent financing declined by 8% to PKR 22.3 billion, though the infection ratio inched up from 7.4 to 8.2% due to a smaller financing base.
The Bank’s commitment to Riba-free banking earned global recognition in the period under review. BankIslami was named Pakistan’s Best Islamic Bank by Euromoney and received the Pakistan Digital Award for Best Social Media Campaign for its “Saving Humanity from Riba” initiative.
Commenting on BankIslami’s performance, President & CEO, Rizwan Ata, commented, “BankIslami’s performance in the first half shows that we are ready to take on challenges and continue meeting the expectations of our customers. What drives us forward is not only our growth aspirations but our mission of Saving Humanity from Riba. Our teams have shown resilience in challenging times, and as we move ahead, we will stay true to our purpose and remain firm on our journey”.
Earlier this year, BankIslami launched aik, Pakistan’s first fully digital Islamic banking platform. Designed for a modern, tech-savvy clientele, aik is redefining Islamic digital finance and positioning the Bank at the forefront of digital transformation.
With a nationwide network of over 550 branches, BankIslami offers a comprehensive suite of Shariah-compliant products and services. The Bank continues to expand across retail, cash management, investment banking, trade, and home remittances, with a strong focus on enhancing customer experience and its mission of ‘Saving Humanity from Riba.
About BankIslami
BankIslami Pakistan Limited, a subsidiary of JS Bank, operates one of the largest Islamic commercial banking networks in Pakistan, with over 540 branches across 210+ cities. As the first Islamic commercial bank to receive a banking license under the Islamic Banking Policy of 2003, BankIslami is a pioneer in Shariah-compliant retail, investment, and trade finance solutions. As part of the JS Group, BankIslami continues to lead innovation and inclusivity in Islamic banking.
For more information, visit: https://bankislami.com.pk
