NIBAF Pakistan Empowers Banking Professionals through Islamic Banking Professional Development Program (IBPD–28)
NIBAF Pakistan successfully conducted the Islamic Banking Professional Development Program (IBPD–28), a comprehensive five-day initiative to enhance participants’ expertise in Shariah-compliant banking and strengthen operational practices across the Islamic finance sector.
JS Bank Reports 52% Decline in 9MFY25 Profit to Rs6.09 Billion Amid Rising Costs and Lower Income
JS Bank Limited (PSX: JSBL) has reported a 52% year-on-year decline in profit for the nine months ended September 30, 2025, to Rs6.09 billion. The fall in earnings was driven by a contraction in net interest income and a sharp rise in operating expenses, despite gains from securities and higher fee-based revenues.
Allied Bank Maintains 120% Dividend Despite 27% Profit Decline in 9MFY25
Allied Bank Limited reported a 27% drop in profit after tax to Rs26.81 billion for the nine months ended September 2025 but maintained a strong 120% dividend payout. Despite lower interest income, ABL posted growth in digital and fee-based revenues, highlighting resilience and long-term confidence in Pakistan’s banking sector.
The Bank of Punjab Honored as Top Bank for Financial Inclusion at 9th Annual Microfinance Conference
The Bank of Punjab has been recognized as the Top Bank for Financial Inclusion at the 9th Annual Microfinance Conference. The award celebrates the bank’s initiatives to expand access to finance, promote inclusion, and empower underserved communities through digital solutions and innovative banking strategies.
Bank AL Habib Declares Rs3.5 Dividend as Nine-Month Profit Falls 22% to Rs26.6 Billion
Bank AL Habib Limited (BAHL) reported a 22% decline in profit after tax to Rs26.68 billion for the nine months ended September 2025, citing lower interest income and rising costs. The bank declared a Rs3.5 per share dividend, maintaining its strong commitment to shareholders despite earnings pressure.
Bank Alfalah Declares 75% Dividend Despite 39% Drop in Profit for 9MFY25
Bank Alfalah Limited reported a 39% drop in profit for the nine months ended September 30, 2025, but declared a 75% cumulative dividend payout. The results reflect margin compression, higher provisioning, and rising costs, yet highlight the bank’s resilience and commitment to rewarding shareholders amid economic challenges.
Meezan Bank Posts 11% Decline in Q3CY25 Profit Amid Rising Costs and Lower Income
Meezan Bank Limited, Pakistan’s largest Islamic bank, reported an 11% year-on-year decline in profit after tax for the third quarter of CY25, citing higher operating expenses and lower net returns.
Federal Government Appoints Navaid Hasib Malik to National Bank of Pakistan Board
The National Bank of Pakistan has appointed Navaid Hasib Malik as Director on its Board, following approval from the Federal Government and clearance by the State Bank of Pakistan. Malik’s inclusion strengthens NBP’s leadership and governance framework as the bank continues its strategic evolution in Pakistan’s financial sector.
State Bank of Pakistan Revokes License of Muhammadi Exchange Company
The State Bank of Pakistan has revoked the license of Muhammadi Exchange Company to operate in the foreign exchange market, reinforcing regulatory oversight and compliance in the financial sector.
Bank Alfalah and Legal Aid Society Launch “ADAL” Initiative to Empower Communities Through Financial and Legal Literacy
Bank Alfalah and the Legal Aid Society have launched the “ADAL” initiative to promote financial and legal literacy among marginalized communities, empowering 2,000 individuals across Karachi through education, awareness, and pro bono legal support.