BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, has reported robust financial results for the first quarter of 2025, ending March 31. The bank posted a Profit Before Tax (PBT) of PKR 5.5 billion, marking a strong and stable start to the year. This performance highlights the bank’s strategic focus on innovation-led growth and a diversified banking model.
According to the bank’s statement, total income rose by 6.3 percent year-over-year, with non-fund-based income surging by an impressive 98 percent. This sharp increase in non-fund-based income underscores the successful execution of BankIslami’s strategy to diversify income streams and reduce dependency on traditional interest-based earnings.
Deposit growth remained solid, with an overall increase of 16 percent year-on-year. Notably, Current Accounts grew by 24.1 percent and Savings Accounts by 26.6 percent, reflecting growing customer trust and engagement. The bank also reported a Capital Adequacy Ratio (CAR) of 22.89 percent—nearly double the minimum regulatory requirement of 11.5 percent. This robust capital position reflects the bank’s prudent financial management and resilience.
In terms of operational health, the Asset-to-Deposit Ratio (ADR) remained above 50 percent, indicating sound asset utilization. The infection ratio, a key measure of asset quality, improved to 7.2 percent from 7.4 percent recorded in December 2024, suggesting a slight but positive trend in asset performance.
A standout highlight of the quarter was the launch of ‘aik’—Pakistan’s first fully digital Islamic banking platform. Designed specifically for digitally native and Shariah-conscious users, ‘aik’ delivers a seamless, mobile-first banking experience. It serves as an end-to-end solution for customers seeking ethical, technology-enabled financial services and marks a significant step in the digital transformation of Islamic banking in Pakistan.
Commenting on the financial performance and strategic initiatives, BankIslami President and CEO Mr. Rizwan Ata said, “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.”
The bank also reaffirmed its dedication to value-driven banking and its core mission to eliminate Riba (interest) from the financial system. BankIslami continues to distinguish itself through purpose-focused initiatives that span product development to customer experience, underpinned by Islamic financial principles.
Operating a network of over 540 branches across the country, BankIslami’s strategic focus includes growth in digital banking, remittances, wealth management, and investment services. As a pioneer in Pakistan’s Islamic finance landscape, the bank is leveraging its strong foundation to introduce innovative, ethical, and inclusive financial products that align with its long-term vision.
BankIslami’s performance in Q1 2025 not only reflects its financial strength but also signals a growing demand for digital and Shariah-compliant banking solutions in Pakistan’s evolving financial ecosystem.