Meezan Bank Limited, one of Pakistan’s largest Islamic banks, announced its financial results for the nine months ending September 30, 2025. The bank earned a profit after tax of Rs. 70.52 billion, which is 10% lower than the Rs. 78.33 billion it made during the same period last year.
The decline in profits affected shareholder earnings as well. Earnings per share dropped to Rs. 38.59, down from Rs. 43.42 in the previous year. This means each shareholder earned less money per share compared to last year. However, the bank still announced a dividend of Rs. 7 per share, rewarding its shareholders despite the reduced profits.
The main reason for the profit decline was lower income from Islamic financing activities, which is the bank’s core business. Islamic banks operate differently from conventional banks, following Shariah-compliant principles, and Meezan Bank’s financing operations didn’t perform as strongly as the previous year.
However, there was positive news in other areas. The bank experienced significant growth in foreign exchange income, meaning it earned much more from currency exchange operations. Additionally, Meezan Bank made good gains on securities, which are financial investments like bonds and stocks.
These alternative income sources helped offset some of the losses from reduced financing income, preventing a steeper profit decline. The bank’s ability to diversify its income streams shows financial resilience.
Overall, while Meezan Bank faced challenges in its main business area, it managed to maintain profitability and continue supporting its shareholders through dividends, demonstrating stability during a difficult period.
