Bank Islami Pakistan’s Profit Plunges 50% in 9MFY25 Amid Rising Costs and Lower Yields
Bank Islami Pakistan Limited (PSX: BIPL) reports a sharp 50% decline in profit after tax for the nine months ended September 30, 2025, driven by compressed net profit margins, higher operating costs, and lower yields, despite strong securities gains and improved fee income.
Bank Islami Appoints New Chief Digital Officer to Drive Transformation
Bank Islami has appointed Waqas Anis its new Chief Digital Officer. With expertise in digital banking and fintech, he will lead the bank’s efforts to strengthen digital services, enhance customer experience, and expand technology partnerships.
Former JS Bank IT Head Joins Bank Islami Aik Digital as CIO to Drive Faith-Based Tech Transformation
Former JS Bank IT head takes on new role as Chief Information Officer at Bank Islami Aik Digital, aiming to establish world-class technology infrastructure and strengthen Islamic, ribah-free digital banking in Pakistan.