Meezan Bank, Pakistan’s largest Islamic bank, has reported solid financial results for the first half of 2026. The bank earned a profit after tax of about Rs 48.6 to 48.9 billion for the six months ended 30 June 2026. This shows steady growth compared to the same period last year.
Profit before tax stood at around Rs 103 billion. During the same period, the bank paid approximately Rs 54 billion in taxes. These figures highlight the bank’s strong earnings and its significant contribution to government revenue.
Deposits of the bank rose to a high level, supporting overall growth. Total assets crossed Rs 5.1 trillion. Non-funded income grew sharply by about 36 percent, helped by higher foreign exchange earnings, branch fees, and other service charges. Net spread income also improved modestly.
The board of directors approved an interim cash dividend of Rs 8 per share for the second quarter. This brings the total cash dividend declared so far in 2026 to Rs 15.50 per share. The bank maintained a healthy capital adequacy ratio above 19 percent and an annualised return on equity of around 34.7 percent.
Earnings per share improved to about Rs 27. These results show that Meezan Bank continues to perform well despite lower interest rates in the economy.
