Shahjalal Islami Bank PLC
Profile
- Total assets
- ৳388,847,000,000
- Deposits
- ৳280,983,000,000
- Gross NPL
- —
- CRAR
- — (n/a)
- Net profit
- ৳1,693,000,000
- Chairman
- Mohammed Younus
- MD/CEO
- Mosleh Uddin Ahmed
- Rating
- AA+
SJIBL's FY2024 standalone profit fell 52-53% to Tk169 crore due to higher provisions against classified investments and off-balance sheet exposures. FY2025 profit rebounded sharply (+118% to Tk368 crore). Bank ranked 15th among listed banks on a composite 2024 performance scale (Bonikbarta). Silver Jubilee celebrated May 2026; additional MD appointed April 2026.
Recent activity
- 2026-01-29 appointment Mohammed Younus unanimously elected as Chairman of the Board of Directors at the 404th Board Meeting; Mohiuddin Ahmed re-elected and Fakir Akhtaruzzaman newly elected as Vice-Chairmen, replacing the previous chair AK Azad. ↗
- 2026-04-29 appointment Md. Abdullah Al-Mamun joined Shahjalal Islami Bank PLC as Additional Managing Director. ↗
- 2026-05-10 other Shahjalal Islami Bank PLC celebrated its 25th anniversary (Silver Jubilee), marking 25 years of Shariah-compliant banking operations since May 10, 2001. ↗
- 2025-01-01 earnings FY2025 consolidated net profit surged 118% year-on-year to Tk368 crore (BDT 3,680 mn), up from Tk169 crore in FY2024; consolidated EPS rose to Tk3.31 from Tk1.52; board recommended 13% cash dividend (vs 10% cash in 2024); AGM scheduled May 24, 2026. ↗
- 2025-01-01 dividend Board declared 10% cash dividend for FY2024; Q1 2026 unaudited EPS was Tk1.12 (per DSE disclosure). ↗
Provenance & notes
ISLAMIC BANKING MAPPING: Total investments (Shariah-equivalent of gross loans) mapped to total_loans_bdt (BDT 293,746 mn from stockanalysis.com FY2024 balance sheet). Classified investments (Shariah-equivalent of NPL) and classified investment ratio could not be retrieved from any accessible primary or secondary source; both set to null. DSE-confirmed paid-up capital BDT 11,129.68 mn; rounded to BDT 11,129,680,000 in full BDT. Authorized capital BDT 15,000 mn from DSE page. Net profit BDT 1,693 mn confirmed by DSE (profit for year line: BDT 1,693.35 mn) and stockanalysis income statement for FY2024. Balance sheet from stockanalysis.com citing Dec 31, 2024: total assets BDT 388,847 mn, deposits BDT 280,983 mn, gross loans BDT 293,746 mn; equity BDT 23,699 mn. Note: investing.com balance sheet shows BDT 429,466 mn for a later period (likely Q4 2024 or Q1 2025 TTM); TradingView quotes Q1 2026 assets at BDT 431.62 bn. Stockanalysis FY2024 figure of BDT 388,847 mn is used as the Dec 31, 2024 audited figure. Discrepancy flagged: investing.com and stockanalysis differ by ~BDT 40 bn; possible period mismatch. CAR not retrieved from any publicly accessible source; ranked 13th among listed banks on CAR in 2024 (Bonikbarta composite). ROA and ROE not retrieved from primary source; investing.com TTM ratios (ROA 13.66%, ROE 14.58%) appear to reflect TTM not FY2024 audited and are excluded. Chairman Mohammed Younus elected Jan 29, 2026 (404th Board Meeting, FE article). AK Azad was chair immediately before (re-elected Jan 8, 2025 at 389th Board Meeting, then replaced). MD/CEO Mosleh Uddin Ahmed joined Oct 3, 2022 (TBS News); no indication of departure as of May 2026. Branch count 142 and operational network (5 sub-branches, 151 ATM/CRM, 143 agent outlets) from official SJIBL homepage as of May 2026. Employee count not publicly disclosed on accessible pages; set to null. Rating AA+ / ST-2 from ECRL confirmed in secondary search result; primary ECRL announcement URL or date not retrieved. Ownership: sponsor/director 43.01%, institutional 24.22%, public 32.77% as of April 30, 2026 (DSE). Foreign ownership within institutional not separately disclosed; set to null. FY2025 standalone net profit surged 118% to Tk368 crore (BDT 3,680 mn); AGM May 24, 2026. verification_status=partial because NPL ratio, CAR, ROA, ROE, and employee count not confirmed from primary source.
Sources
- https://www.dsebd.org/displayCompany.php?name=SHAHJABANK
- https://stockanalysis.com/quote/dse/SHAHJABANK/financials/balance-sheet/
- https://stockanalysis.com/quote/dse/SHAHJABANK/financials/
- https://sjiblbd.com/
- https://sjiblbd.com/bod.php
- https://sjiblbd.com/profile_MD.php
- https://sjiblbd.com/credit_rating.php
- https://thefinancialexpress.com.bd/trade/mohammed-younus-elected-as-chairman-of-shahjalal-islami-bank
- https://thefinancialexpress.com.bd/trade/a-k-azad-reelected-as-chairman-mohammed-younus-and-mohiuddin-ahmed-as-vice-chairmen-of-shahjalal-islami-bank
- https://www.tbsnews.net/economy/banking/mosleh-uddin-ahmed-joined-shahjalal-islami-bank-md-ceo-508526
- https://www.thedailystar.net/business/news/shahjalal-islami-banks-profit-drops-52-3886576
- https://www.tbsnews.net/economy/stocks/shahjalal-islami-bank-profit-soars-118-declares-13-cash-dividend-1406421
- https://crab.com.bd/crab-has-announced-the-rating-of-shahjalal-islami-bank-ltd-subordinated-bond-ii/
- https://en.wikipedia.org/wiki/Shahjalal_Islami_Bank
- https://en.bonikbarta.com/business/CjWtvRDWI1Rs9ikV
- https://www.tbsnews.net/economy/banking/cenbank-recognises-10-banks-2-nbfis-sustainable-financial-institutions-1190786