Latest Meezan Bank Limited Headlines and News updates

Macroeconomic indicators on upward trajectory: Finance Minister

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Thursday emphasized that Pakistan's macroeconomic indicators were on an upward trajectory, leading to a growing public trust in the country's economic management

RCCI observes World MSMEs Day

The Rawalpindi Chamber of Commerce and Industry (RCCI), in collaboration with the State Bank of Pakistan (SBP) Banking Services Corporation Rawalpindi jointly organized a symposium on Micro, Small & Medium Enterprises (MSMEs) Day

Women export display centre to be set up at Faisalabad: FWCCI president

The Faisalabad Women Chamber of Commerce & Industry (FWCCI) will establish a Women Export Display Centre at Faisalabad in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to facilitate ‘Access to Market’ for women products

Green Energy Transition to help Pakistan build sustainable economy: Experts

The experts at the Green Financing Summit held here on Wednesday underscored the need for Pakistan to embrace a paradigm shift in its policy to achieve renewable energy transition through subsidized energy frameworks helping to achieve a sustainable economy

Risk Associates certifies Meezan Bank as Pakistan's first PCI 3DS standard compliant bank

Risk Associates, Pakistan’s leading PCI Qualified Security Assessor (QSA), has announced Meezan Bank’s certification with the PCI 3DS (Payment Card Industry Three Domain Secure) standard

SBP provides practicable foundation for elimination of Riba: chief manager

The State Bank of Pakistan (SBP) has provided a solid and practicable foundation for elimination of Riba by December 31, 2027, though still the share of Islamic banking is only 20pc in the overall banking sector

Meezan Bank, Roche Pakistan join forces to combat breast cancer

Meezan Bank, Pakistan’s first and largest Islamic Bank, has joined hands with Roche Pakistan, one of the world's leading biotech companies, in an initiative aimed at alleviating the financial burden of breast cancer treatment for patients across Pakistan

KU seminar highlights role of Islamic finance in establishing Islamic economy

The Department of Economics of the University of Karachi in strategic collaboration with Meezan Bank Limited arranged a seminar on the ‘role of Islamic finance in the establishment of Islamic economy’ at the Rangoonwala Conference Hall of the KU Applied Economics Research Centre on Thursday

BankIslami's Ehad Sukuk II listed on PSX with gong ceremony

The Pakistan Stock Exchange (PSX) organized a gong ceremony on Wednesday to mark the listing of BankIslami Pakistan Limited’s Islamic financial instrument of Ehad Sukuk II, a fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible Mudaraba Sukuk

IBA annual career fair: fostering connections, nurturing careers

The Annual Career Fair 2024, hosted by the Institute of Business Administration (IBA), Karachi, took place at the IBA Main Campus

Meezan Bank acts as joint Financial Advisor for historic Ijarah Sukuk issuance for GoP

Meezan Bank, a pioneer in Islamic banking, acted as lead Joint Financial Advisor in the groundbreaking listed Ijarah Sukuk Issuance for the Government of Pakistan (GoP)

Designated bank branches to remain open on weekend to collect Hajj applications

All designated branches of authorized banks will remain open on Saturday and Sunday across the country in order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2024

Enertech Water secures largest financial facility for public-private partnership project in Sindh

In a groundbreaking move that signals a surge in infrastructure development and unwavering confidence from the banking sector, Enertech Water (Private) Limited, a subsidiary of EnerTech Holding, a Kuwaiti state-owned company, has successfully secured the largest financial facility for a public-private partnership project in Sindh

Meezan Bank collaborates with SAFCO Microfinance Company Private Limited (SMCL) for launch of Islamic SMCL

In a significant development for Islamic finance, Meezan Bank, Pakistan's leading Islamic bank has joined hands with SAFCO Microfinance Company Private Limited (SMCL) to establish its inaugural Islamic microfinance branch, operating under the brand name 'Yaqeen' in Hyderabad, Pakistan

IT, Telecom Ministry encourages banking sector to facilitate IT & ITES sector: Add Secy MOITT

The Ministry of Information Technology and Telecommunication (MOITT) is encouraging the banking sector to introduce products and services to facilitate the IT & Information Technology Enabled Services (ITES) sector

PSEB, SBP jointly arrange Industry Awareness Seminar

Pakistan Software Export Board (PSEB), the attached department of Ministry of IT & Telecommunication, in collaboration with the State Bank of Pakistan (SBP) and Pakistan Software Houses Association held an IT & ITeS Industry Awareness Seminar on SBP Policies, Initiatives & Schemes on Wednesday

Policeman martyred, one injured in attack

A police constable was martyred while a civilian got injured when unknown armed man attacked at a private bank in the precincts of City Police Station in Tank on Wednesday

FBL appoints new Chairman of Board of Directors

Mian Mohammad Younis has been appointed as the Chairman of the Board of Directors Faysal Bank Limited, in its board meeting held here on Monday

KU, Meezan Bank collaborates to enhance Islamic banking education

University of Karachi (KU) and Meezan Bank Limited inked the Memorandum of Understanding which aims to bolster the capacity building of faculty members in Islamic banking with a primary focus on fostering knowledge and expertise in this specialized domain

Regional election commission gives deadline for voter registration

The Election Commission of Pakistan (ECP) Thursday has set the deadline of July 13, 2023, for voter registration, transfer, and correction

KU ORIC to establish IP Desk

The Office of Research, Innovation, and Commercialization (ORIC) of the University of Karachi would soon establish an Intellectual Property (IP) Desk so that research going on the campus could be in accordance with the needs and with prior consultation of the industry

Hamdard University signs MoUs with 30 industrial firms

The Hamdard University (HU) has signed Memoranda of Understanding (MoUs) with 30 different industrial organisations, including the Bahria Foundation, Bosch Pharmaceuticals Ltd, Soorty Enterprises, Premium Textiles, Pharm Evo and others for formalising collaboration with them in domains such as research and development, joint conferences and placements

WCCIS holds session on 'Access to Finance for Women Businesses'

The Women Chamber of Commerce and Industry Sialkot (WCCIS) on Tuesday organized an awareness session on 'Access to Finance for Women Businesses' in collaboration with the State Bank of Pakistan (SBP) and Meezan Bank Ltd at the Sialkot Chamber of Commerce and Industry (SCCI)

Meezan Bank declares Rs15.4 bln profit after tax in Q1

Meezan Bank Limited's profit after tax increased to Rs 15.4 billion from Rs 9.2 billion in the corresponding period last year with a growth of 68% for the quarter that ended March 31, 2023