Al Rajhi Banking & Investment Corporation (Malaysia) Bhd (alrajhi bank Malaysia) announced a robust financial performance for the first half of the financial year ended 30 June 2025. The Bank’s results demonstrate sustained momentum, driven by strategic execution across its core business segments and significant gains in operational efficiency.

The Bank’s key financial highlights for the period include:

• Strong growth in Profitability: The Bank registered a remarkable 77.5% YoY growth in Profit Before Tax (PBT), reaching RM102.5 million in H1 2025 versus RM57.7 million in H1 2024.

• Significant increase in Net Income: Total Net Income grew by 28.9% YoY to RM247 million (H1 2024: RM191.7 million). This growth was underpinned by higher yields from Treasury investments and a notable rise in fee-based income, particularly from corporate structuring and trade finance activities. Performance was also bolstered by lower Expected Credit Losses (ECL) for the period. 

• Robust deposit growth and healthy financing: Total Customer Deposits saw a 2% YoY increase to RM13.3 billion. This growth was driven by a 4% YoY expansion in Current Account Savings Account (CASA) balances, reflecting continued customer trust. Total Net Financing and Advances remained solid at RM10.22 billion. 

• Enhanced profitability and efficiency: Return on Equity (ROE) increased significantly to 10.65% from 6.56% in H1 2024, reflecting stronger shareholder value creation. The Cost-to-Income Ratio (CIR) improved to 56.0% from 60.8% in H1 2024, highlighting effective cost management and operational efficiency.

In a strategic move to elevate customer experience and enhance digital service delivery, the Bank unveiled its unified MY alrajhi app in 2025. This launch underscores the Bank’s commitment to innovation and operational excellence, complementing its strong financial performance. The digital unification was accompanied by a comprehensive refinement of internal processes, enabling faster and more efficient service delivery. 

As a result, Personal Financing approvals are now completed within 24 hours, while most Home Financing applications are processed within 48 hours.

In parallel, the Bank achieved a key operational milestone by consolidating its Kuala Lumpur offices into a new, central workspace. This move into a LEED Platinum-certified sustainable building is designed to foster stronger collaboration, optimize operational costs, and build a more connected and responsible corporate culture.

Strategic outlook

Syahrul Ishak, Chief Executive Officer of alrajhi bank Malaysia, commented on the Bank’s future direction: “Our core mission is to make our customers' lives simpler and more secure. In an era of rising digital threats, providing a fast and seamless experience is not enough. That is why we have been proactive in strengthening our digital safeguards, implementing advanced fraud countermeasures ahead of regulatory deadlines. Our customers' peace of mind is our highest priority, and we are committed to ensuring their safety as they bank with us.

“Looking ahead, our strategic priorities are focused on deepening our support for SMEs and advancing sustainable finance. We have recently launched a dedicated SME proposition with tailored Shariah-compliant financing and advisory services to empower the entrepreneurs driving Malaysia’s economic growth. Furthermore, we are actively pursuing innovations in green financing, reflecting our commitment to not just respond to economic trends, but to lead with purpose and impact.”