Allied Bank makes a strong case for best Islamic bank in Pakistan in 2025 on the back of rapid scale-up, solid profitability, rigorous Shariah governance and measurable customer impact across all segments.
Its Islamic banking franchise expanded significantly, with total assets growing from PKR156 billion in December 2024 to PKR361 billion by December 2025, a 131% increase. Islamic financing assets rose from PKR32 billion to PKR99 billion, up 209%, while investments expanded from PKR105 billion to PKR229 billion, driven by a diversified sukuk portfolio supporting stable, Shariah-compliant income.
On the liability side, deposits increased from PKR110 billion to PKR213 billion, a 94% rise, reflecting strong customer confidence and effective mobilisation under mudarabah-based structures. Net assets grew 27% to PKR33 billion, while the bank maintained profitability of PKR7.8 billion, despite a declining policy rate environment, underlining the resilience of its Islamic banking model.
Governance remains a core strength, supported by an independent Shariah Board, structured quarterly oversight, a comprehensive Shariah governance framework and a formal purification mechanism ensuring full compliance and transparency of income.
Performance was broad-based across segments. Retail deposits rose 137% to PKR98.4 billion, while corporate financing increased from PKR29 billion to PKR95 billion, alongside 67% growth in corporate deposits to PKR114.2 billion. The bank also supported major corporates and strategic national transactions, reinforcing its economic role.
