UAN: 111-331-331 / 111-331-332  | 20 May, 2013 | Rajab 9, 1434 Contact Us | News

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Treasury

Foreign Exchange Trading / Asset & Liability Management

Meezan Bank’s treasury is guided by Shariah with the objective of reviewing, streamlining, and controlling the bank’s domestic and international Treasury-related operations. Treasury caters to the branches and customers for their entire foreign exchange requirement with efficiency and professionalism. Ready/ spot as well as all forward cover services are provided to branches/customers within Shariah guidelines. Customers are also provided advice on a regular basis about the currency movement by the dealing room augmented by market outlook (without any commitment & obligation)

 

Treasury has enhanced its market activity with increased depth and enhanced volumes, making an impact in the inter-bank FX market. Due to its market standing and good relationship with other treasuries, Meezan's treasury has the ability to generate sufficient amount of liquidity at any time through the inter-bank market.

 

Meezan Bank conducts Sukuk / Commodity Murabaha transaction to optimize its returns on its PKR / Dollar portfolio, besides participating in local/ international Sukuk issues, e.g. GOP, WAPDA, Qatar, Dubai Sukuks, etc. This treasury is the only treasury in Pakistan with a mandate to provide Shariah-compliant investment opportunities in capital market that provides Halal income to the shareholders


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