Karachi, March 5, 2026: Meezan Bank Limited, Pakistan’s largest Islamic bank, has paid over Rs500 million in penalties to the State Bank of Pakistan (SBP) during the last two years, according to its annual report for the year ended December 31, 2025, filed with the Pakistan Stock Exchange (PSX).
The report revealed that Meezan Bank paid Rs435 million as penalties in 2024, while the amount significantly dropped to Rs80.70 million in 2025. The penalties are levied by SBP on banks and financial institutions for regulatory violations to ensure compliance and safeguard banking consumers.
Despite these regulatory challenges, Meezan Bank continued to deliver solid financial performance in 2025. Its Profit After Tax (PAT) amounted to Rs89 billion, compared to Rs101.5 billion in 2024. The moderation in earnings was primarily due to a lower policy rate environment and the introduction of a minimum deposit rate for Islamic banks during the year.
The Bank maintained robust profitability and financial strength, with basic Earnings Per Share (EPS) recorded at Rs49.54, reflecting the resilience and sustainability of its business model.
Key Highlights:
• Total SBP penalties (2024-2025): Rs516 million
• PAT in 2025: Rs89 billion
• EPS in 2025: Rs49.54
• Regulatory compliance penalties reduced drastically from 2024 to 2025
Meezan Bank’s ability to sustain strong financial results amid regulatory fines highlights its position as a leading Islamic banking institution in Pakistan.