Meezan Bank

Meezan Bank and Hamdard Laboratories Sign Cash Management Services Agreement

Meezan Bank and Hamdard Laboratories Sign Cash Management Services Agreement
Karachi: June 29, 2009

Meezan Bank Limited and Hamdard Laboratories (Waqf) Pakistan signed an agreement under which Meezan Bank will provide Cash Management Services to Hamdard Laboratories. Mr. Irfan Siddiqui, President & CEO Meezan Bank Limited and Ms. Sadia Rashid, Chairperson Hamdard Laboratories (Waqf) Pakistan signed the agreement...

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Meezan Bank’s Credit Outlook Upgraded

Meezan Bank’s Credit Rating maintained
Karachi, June 22, 2009

JCR-VIS Credit Rating Co Ltd. (JCR-VIS) has maintained entity ratings of Meezan Bank Limited (MBL) at ‘A+/A-1’ (Single A Plus /A-One).

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Meezan Bank Limited launches Hajj and Umrah product ‘Meezan Labbaik’

Meezan Bank Limited launches Hajj and Umrah product ‘Meezan Labbaik’
June 22, 2009

Meezan Bank Limited has announced the launch of new product "Meezan Labbaik" to facilitate customers for performing Hajj and Umrah and Ziyarat of holy places of Makkah and Madinah with comfort and peace of mind...

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Meezan Bank’s Annual Report 2008 rated among Top 5 Annual Reports by joint committee of ICAP & ICMAP

Meezan Bank’s Annual Report 2008 rated among Top 5 Annual Reports by joint committee of ICAP & ICMAP
Karachi, June 15, 2009

The joint committee of Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost & Management Accountants of Pakistan (ICMAP) has awarded Meezan Bank’s Annual Report 2008 the prize of being the fourth best corporate report in the banking sector at a ceremony held at Karachi in June 2009.

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ATTENTION: Revised Profit Calculation Mechanism on Mudarabah Based Saving Accounts

ATTENTION: Revised Profit Calculation Mechanism on Mudarabah Based Saving Accounts

As per the guidance of our Shariah Supervisory Board, We are pleased to announce that the profit calculation mechanism of our Mudarabah based Rupee Saving Account and Dollar Saving Account are being changed from Average Monthly Balance to Daily Product Basis with effect from June 01, 2009.

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