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Hijra Bank's Leap of Faith in Soaring Profits Soar as the Industry Tests Newcomers

Composite Performance Index Rating: 2 / 5

In its financial year 2023/24, Hijra Bank posted a profit after tax of a little over 100 million Br. Its net profit margin on total assets reached 1.23pc, up from 0.37pc, a mark of rising efficiency. Despite trailing the longer-standing industry benchmark of closer to 2.4pc or 2.6pc in return on average assets, its performance represents the promise and the problems confronting a newcomer working within fast-evolving regulatory constraints.

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