ABC Islamic Bank announced a net profit of $ 26.9 million for the first half of 2025, registering an increase of 7.3% compared to $ 25.1 million for the same period last year. Thanks to this performance due to the increase in the total operational income by 4.4% after calculating the profit on the murabahas and the other amounts due before the attribution to the semi -rights of property, to reach 89.6 million US dollars, which reflects the effective management of the public budget. The period also witnessed the recovery of allocations worth $ 2.9 million, compared to a allocation of $ 1.4 million in the same period last year.
The most prominent main performance features:
• The net profits amounted to $ 26.9 million, an increase of 7.3 % over the same period last year.
• The total operational income after calculating the profit on the murabahas and the other amounts due before the attribution to the semi -rights of property, reached 89.6 million US dollars, an increase of 4.4% over the same period last year, while the net returning income increased to the semi -rights of property by 11.3%.
• Operating expenses amounted to $ 5.1 million, a decrease of 43.9% compared to 9.1 million US dollars last year.
Commenting on the results, Mr. Hammad Hassan, Managing Director of ABC Islamic Bank, said: “We are pleased to announce a strong performance for the first half of 2025, as we achieved positive results in terms of assets and profitability despite the market competitiveness and the presence of geopolitical ambiguity in the region.
Our business has witnessed continuous progress across all products lines, specifically in the field of capital markets that include cuminous loans and capital markets.
We played the joint director in ten issues of sukuk during the first half of the year, providing support to prominent companies and large financial institutions.
Our capabilities in the capital market have won wide appreciation and appreciation, as we won the ‘Best Financial Corporation for Sanding in Bahrain’ as part of the Euromoni Islamic Finance Magazine Awards 2025 in May of this year.
The solid public budget and wise management of risks have put us in an excellent location that allows us to continue growth and expansion, while continuing to maintain strong levels of capital and liquidity during the rest of the year 2025. “
Below is a detailed summary of the financial results:
Business (three -month period):
• The net profits for the second quarter amounted to 12.4 million US dollars, compared to $ 14.3 million in the second quarter of last year.
• Operating expenses amounted to $ 2.3 million, compared to $ 2.4 million for the same period last year.
Business (for a period of six months):
• The net profits amounted to $ 26.9 million, compared to $ 25.1 million last year.
• Recovering credit losses for the period amounted to $ 2.9 million, compared to a allocation of $ 1.4 million, which was registered during the same period last year.
• Operating expenses amounted to $ 5.1 million, compared to 9.1 million US dollars for the same period last year. After modifying the exceptional expenses of $ 4.0 million in the previous year, the expenses maintained their levels compared to the same period in 2024.
Public budget:
• The total assets of ABC Islamic Bank amounted to 3.250 billion US dollars as on June 30, 2025, compared to $ 2.865 billion at the end of 2024.
• Investments amounted to $ 1.4 billion, compared to $ 1.3 billion at the end of 2024, and mainly included bonds issued by financial institutions and sovereign agencies.
• Murabaha dues, leasing, and participation financing amounted to $ 1,833 million, compared to $ 1,550 million at the end of 2024.
• The total shareholders ’rights on June 30, 2025 amounted to 354 million US dollars, compared to 364 million US dollars at the end of 2024.
• The bank’s capital base remained very strong, as the total percentage of capital adequacy was 36.9%, and the first category of capital reached 36.2%.
