Karachi, April 22, 2025 — BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, has announced robust financial results for the first quarter ended March 31, 2025, showcasing strong profitability and continued progress on its innovation-led strategy.
The Bank posted a Profit Before Tax (PBT) of PKR 5.49 billion, reflecting a solid start to the year. Total income rose by 6.3% year-on-year, while non-fund-based income surged by 98%, highlighting the successful execution of the Bank’s diversification strategy.
Deposits grew 16% YoY, led by significant growth in Current Accounts (24.1%) and Savings Accounts (26.6%). The Bank closed the quarter with a Capital Adequacy Ratio (CAR) of 22.89%, nearly double the minimum regulatory requirement of 11.5%, demonstrating prudent capital management and financial resilience. The Asset-to-Deposit Ratio (ADR) remained healthy at over 50%, while the infection ratio improved to 7.2%, down from 7.4% in December 2024.
A key milestone this quarter was the launch of ‘aik’, Pakistan’s first fully digital Islamic banking experience. Tailored for digitally native and Shariah-conscious customers, ‘aik’ offers an end-to-end, mobile-first banking journey, marking a pivotal step in the evolution of Islamic finance in Pakistan.
Commenting on the Bank’s performance, Rizwan Ata, President and CEO of BankIslami, stated:
“This quarter reflects the high expectations we have set for ourselves. We remain committed to expanding access to Shariah-compliant finance through innovation, trust, and excellence to people across all backgrounds. Our strategy is simple—grow responsibly, provide best-in-class services to our customers, and stay true to our mission of saving Humanity from Riba.”
BankIslami continues to distinguish itself in a values-conscious market through its unwavering commitment to purpose-driven banking. Each initiative—from product development to customer engagement—is anchored in the Bank’s founding mission to eliminate Riba from the financial system.
With a nationwide network of over 540 branches, BankIslami remains focused on strategic expansion in digital banking, home remittance, trade and investment banking, and cash management solutions. As a pioneer in Pakistan’s Islamic banking landscape, the Bank is dedicated to delivering ethical, digitally empowered, and customer-centric financial services across its growing footprint.
