{
  "id": 3445394,
  "title": "Bank Islam net profit up 9.8pct to RM139.12mil in Q2",
  "url": "https://urgent.news/2026/08/26/bank-islam-net-profit-up-9-8pct-to-rm139-12mil-in-q2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T06:13:22.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/08/1519053/bank-islam-net-profit-98pct-rm13912mil-q2"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: Bank Islam Malaysia Bhd reported a 9.8 percent increase in net profit to RM139.12 million for the second quarter ended June 30, 2026. The rise was attributed to higher net income and lower total overheads. Revenue grew by 6.3 percent year-on-year to RM1.36 billion from RM1.28 billion previously. Net income climbed by RM74.7 million, or 10.8 percent, driven by increased net fund-based income, fees and commission income, and gains from financial assets. However, Group Retail Banking's net income decreased by 16.1 percent compared to the previous quarter, while Group Institutional Banking's net income rose by 5.5 percent to RM262.7 million. For the first six months of 2026, Bank Islam delivered a net profit of RM254.15 million, up from RM252.95 million in the same period last year. Total revenue increased to RM2.61 billion, up from RM2.50 billion a year ago. Total net income grew by 5.1 percent year-on-year to RM1.43 billion, supported by higher net fund-based income and stronger fee and commission income, partially offset by lower gains from securities sales. Total expenses rose by 3.9 percent year-on-year to RM855.9 million, reflecting investments in talent, digital capabilities, and technology infrastructure. CEO Raja Datin Paduka Teh Maimunah Raja Abdul Aziz stated that the bank's strong performance reflects its fundamentals and its commitment to navigating an evolving operating environment. The bank plans to focus on simplification, automation, and digitalization, as well as invest in talent development and technology, to enhance customer experiences and strengthen agility and resilience.",
  "summary": "KUALA LUMPUR: Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (Q2 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "Public Bank posts RM1.82b quarterly net profit, declares 10.5 sen interim dividend",
        "url": "https://urgent.news/2026/08/26/public-bank-posts-rm1-82b-quarterly-net-profit-declares-10-5-sen",
        "published": "2026-08-26T06:43:51.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Public Bank Q2 net profit up 3.7pct, declares 10.5 sen dividend",
        "url": "https://urgent.news/2026/08/26/public-bank-q2-net-profit-up-3-7pct-declares-10-5-sen-dividend",
        "published": "2026-08-26T07:23:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}