Karachi, August 13, 2025 – Meezan Bank Limited, the country’s largest Islamic bank, announced on Wednesday that its net profit for the first half of the calendar year 2025 (January–June) fell by 10%.
The Bank posted earnings of Rs46.16 billion for the six-month period ending June 30, 2025, compared to Rs51.44 billion recorded in the corresponding period of the previous year.
According to unconsolidated financial results submitted to the Pakistan Stock Exchange (PSX), the earnings per share (EPS) also decreased, dropping to Rs25.57 in the current half-year from Rs28.56 in the same period of 2024.
During its board meeting held on August 13, 2025, Meezan Bank approved an interim cash dividend of Rs7 per share for the first half of the year, in addition to the earlier interim dividend of Rs7 per share already disbursed.
The breakdown of results showed that the Bank’s return from core operations slipped to Rs125 billion, compared to Rs137.49 billion a year earlier. However, the foreign exchange segment provided some relief, with income surging to Rs3.24 billion in the first half of 2025, a substantial rise from Rs580 million in the same period last year.
Despite this boost, total income declined to Rs142.15 billion from Rs149 billion previously. On the expense side, the Bank reported a drop in operating costs to Rs36 billion from Rs43 billion, reflecting improved cost controls.
Profit before taxation stood at Rs102.44 billion, down from Rs106.27 billion. Income tax payments for the half year totaled Rs56.28 billion, slightly higher than the Rs54.83 billion paid in the first half of 2024. Meezan remains focused on sustaining profitability despite challenging economic conditions and market volatility.