Annual Report 2007 of Bankislami Pakistan Limited

It is a broadly described annual report of Bankislami Pakistan Limited in the year of 2007. During the financial year, The Bank’s Total assets stood at Rs. 14,447,473 million against at Rs. 4,024,674 million. Deposits of the Bank were Rs. 9,934,282 million against at Rs. 1,778,008 million. Total liabilities of the bank for the year were Rs. 10,602,747 million. The share capital of the Bank stood at Rs. 3,200,000 million. During the year, The Bank earned Profit/(Loss) before taxation was Rs. (100,463) million. Profit/(Loss) after tax for the year was Rs. (37,023) million. The earnings per share (EPS) basic/diluted (loss) for the year Rs. (0.13).

The Board of Directors of the Bank has approved the issue of @31.25% right shares in order to meet the Minimum Capital Requirement of Rs.4 billion (net of losses) prescribed for all commercial banks by the State Bank of Pakistan to be achieved by 31^st December 2007.

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