The current investigation involved the isolation of a fungal strain from liquid radioactive wastewater, which was then identified as Penicillium oxalicum and was employed to remove 4-(2-pyridylazo) Resorcinol (PAR) and Arsenazo-III (Ar-III) from liquid waste solutions. The physicochemical properties of the biosorbent fungi were analyzed using SEM and FT-IR. The biosorption effectiveness of PAR and Ar-III was investigated under several experimental settings, including pH values, adsorption times, biosorbent weight, initial dye concentrations, and reaction temperatures. The Langmuir isotherm model describes the adsorption isotherms well, with capacities of 10.88 and 11.96mgg-1 for PAR and Ar-III, respectively. The sorption of PAR and Ar-III exhibited E values of 19.84 and 17.84kJ/mol, respectively, indicating that the process is chemical adsorption. The pseudo-second-order kinetic model was determined as the most accurate representation of the biosorption kinetics. Both film diffusion and intra-particle diffusion describe the diffusion of coloring reagents through the biosorbent material. The thermodynamic analysis showed that chemical adsorption regulated the biosorption of the coloring reagent on the biosorbent material, while exothermic and spontaneous biosorption of PAR and Ar-III was observed. The extensive decolorization and easy operating circumstances demonstrated the promise of Penicillium oxalicum for the biological treatment of textile dyes.