KUALA LUMPUR: Bank Islam Malaysia Bhd
registered a slight decline in net profit over the nine months period to Sept 30, 2025 (9MFY25), as it incurred higher overhead costs and increased impairment allowances on financing.
The group's earnings slipped 4.1% year-on-year (y-o-y) to RM382.18mil in 9MFY25, which translated to an earnings per share of 16.86 sen.
Revenue during the period was RM3.78bil, up from RM3.46bil in the year-ago period.
The board of directors declared an interim dividend of 10 sen per share for shareholders registered on the record of depositors on Dec 15, 2025, to be paid on Jan 9, 2026.
Group CEO Datuk Mohd Muazzam Mohamed said Bank Islam has demonstrated resilience and agility, supported by its operational transformation and steadfast adherence to Shariah principles.
"The group is resolute in our commitment to creating sustainable value for our customers and shareholders, embedding ESG principles into our business model, and advancing Islamic social finance as a catalyst for inclusive growth and socio-economic development," he said in a statement.
During the period, the bank's non-fund-based income rose 74.3% to RM451.7mil, driven by higher net gains from the sale of investment securities, increased income from foreign exchange transactions, and stronger fee and commission income.
Net fund-based income growth moderated to RM1.6bil, due to the cut in the overnight policy rate.
As at end-September 2025, Bank Islam's total assets had grown 9.6% y-o-y to RM102.7bil, surpassing a RM100bil strategic target ahead of its December 2025 schedule.
Total gross financing during the period grew 7.2% y-o-y to RM73.4bil. There was a 6.9% y-o-y increase in customer deposits and investment accounts to RM83.8bil.
Current account, savings account or transactional investment account (Casatia) stood at RM30bil, representing a composition of 35.8% as at end-September 2025.
