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Faysal Bank Reports Robust Financial Performance for the 9MCY24

Faysal Bank Limited (FBL), the leading Islamic bank in Pakistan, continued its growth stride and announced sound financial results for the nine months ending September 30, 2024. The Bank reported a Profit After Tax (PAT) of PKR 19.8 billion, marking a 64% increase compared to last year. Reflecting this strong performance, the Bank declared an interim cash dividend of 15%.

Mian Muhammad Younis, Chairman of Faysal Bank, stated, “Masha’Allah, the 9M’24 results highlight the strong foundation we have established as the best Islamic bank, driven by the dedication of our Board, Management, and Employees. The financial performance reflects the Bank’s solid business fundamentals, complemented by our innovative Islamic products.”

Yousaf Hussain, President & CEO of Faysal Bank, stated, “Alhamdulillah, our success in the first nine months of 2024 reflects the trust of our customers, the commitment of our staff, and the strength of our Shariah-compliant offerings. We remain dedicated to delivering excellence and are well-prepared to sustain this growth momentum, Inshallah.”

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