Karachi, October 30, 2025 – BankIslami Pakistan Limited has reported substantial regulatory penalties and charges amounting to Rs189 million during the nine-month period ended September 30, 2025, according to its latest financial statement.
This marks a dramatic increase from just Rs1.84 million recorded in the same period of the previous year.
The bank’s breakdown of expenses revealed that Rs75.20 million were paid as penalties imposed by various regulatory authorities between January and September 2025. Additionally, another Rs113.41 million were paid under the head of other regulatory charges.
Despite steady deposit growth, BankIslami experienced a 50% decline in profit after tax, which dropped to Rs5.08 billion in the first nine months of 2025, compared to Rs10.17 billion in the same period last year.
During this period, the bank expanded its operations by establishing BIPL Exchange Company (Private) Limited, a wholly owned subsidiary aimed at offering enhanced foreign exchange services. The company is currently in the process of obtaining In-Principle Approval from the State Bank of Pakistan (SBP).
The bank’s deposit portfolio surged to Rs605.5 billion, showing an 8.29% increase over December 31, 2024, and 9.7% growth compared to September 2024. A significant rise in current deposits—up 33.1% year-on-year—demonstrates growing customer confidence.
Furthermore, BankIslami’s CASA ratio (Current Account and Savings Account) improved to 68.6%, highlighting its robust liquidity position and focus on sustainable funding.