Meezan Bank

Meezan Bank
Meezan Bank Limited
Type Public Limited
KSEMEBL
LSE:
Industry Islamic Banking
Founded Al-Meezan Investment Bank Limited
Headquarters Karachi, Pakistan
Products Murabaha, Ijarah, Diminishing Musharakah, ATM/Debit Card, Savings, Consumer Banking etc.
Revenue Green Arrow Up.svg 2009 PKR 5.1 billion[1]
Net income increasePKR 1,025 Million - 2009[1]
Employees 3,669 - 2009[1]
Website www.meezanbank.com

Meezan Bank Limited is a publicly listed company offering Islamic Banking in Pakistan. It was first incorporated on January 27, 1997, starting operations as an Islamic investment bank in August of that year. In January 2002, the Bank was granted Pakistan's first full-fledged commercial banking license dedicated to Islamic banking, by the State Bank of Pakistan.

The Banks main shareholders are financial institutions, including the Pak Kuwait Investment Company, the ‘Islamic Development Bank of Jeddah’, and the ‘Shamil Bank of Bahrain’.

References

  1. ^ a b c [1]

External links


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