BankIslami Reports its Highest-Ever Profitability during 2020

KARACHI, March 09, 2021: BankIslami has reported its highest-ever profitability during financial year 2020. Profit after tax closed at Rs. 1.70 billion, up by 56 percent comparing with profitability of Rs. 1.09 billion during financial year 2019. Despite downward adjustment in policy rate, net spreads of the Bank increased by 16 percent on account of…