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The Best Bank in Pakistan

Meezan Bank, Pakistan’s best bank and the first and largest Islamic bank, is a publicly listed company with a paid-up capital of Rs. 17.89 billion. It is one of the fastest growing financial institutions in the banking sector of the country. With its Vision of establishing ‘Islamic banking as banking of first choice ...’ – the First Islamic Bank commenced operations in 2002, after being issued the first-ever Islamic commercial banking licence by the State Bank of Pakistan.

The Bank provides a comprehensive range of Islamic banking products and services through a retail banking network of more than 900 branches in more than 250 cities of the country. Backed by a state-of-the art T-24 core banking system, the branch network is supported by 24/7 banking services that include over 950 ATMs, VISA and MasterCard Debit cards, a Call Center, Internet Banking, Mobile Application and SMS Banking facility.

The Bank operates strictly under the principles of Islamic Shariah and is well-recognized for its product development capability, Islamic banking research and advisory services. In order to ensure strict Shariah-compliance in all its products and services, the Bank has established a dedicated Product Development and Shariah Compliance department that operates under the supervision of the Bank’s in-house Resident Shariah Board Member and a Shariah Board comprising of internationally renowned Shariah scholars.

Meezan Bank has been recognized as the ‘Best Bank in Pakistan’ by Pakistan Banking Awards– the most prestigious awards in Pakistan’s Banking sector, which is a testimony of the Bank’s commitment to excellence.The Bank has consistently been recognized as the ‘Best Islamic Bank in Pakistan’ by numerous local and international institutions.Other awarding institutions include Islamic Finance News - Malaysia, Global Finance magazine - New York, Asset AAA - Hong Kong, Asiamoney – Hong Kong, The Banker – United Kingdom, South Asian Federation of Accountants, Islamic Finance Forum of South Asian Awards, Pakistan Banking Awards – Dawn & IBP Pakistan, Employers Federation of Pakistan and CFA Association - Pakistan.

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Vision, Mission & Values


Establish Islamic banking as banking of first choice to facilitate the implementation of an equitable economic system, providing a strong foundation for establishing a fair and just society for mankind.


To be a premier Islamic bank, offering a one-stop shop for innovative value-added products and services to our customers within the bounds of Shariah, while optimizing the stakeholders value through an organizational culture based on learning, fairness, respect for individual enterprise and performance.


Shariah-compliance, Integrity, Service Excellence.

Board of Directors

Mr. Riyadh S.A.A. Edrees has been a Director of Meezan Bank since October, 2012. In addition to being the Chairman of the Board, he is also Chairman of the Human Resources, Remuneration & Compensation Committee and IFRS 9 Implementation Oversight Committee of the Board and a member of the Information Technology Committee. Mr. Riyadh has also previously served as the Vice Chairman of Meezan Bank’s Board.

Mr. Riyadh S.A.A. Edrees holds a B.Sc. degree in Chemical Engineering from Newcastle Upon Tyne University, U.K. and M.Sc. in Chemical Engineering from Kuwait University. His skills and experience encompass a wide range of industries and various roles which include:

Current Directorships:

  • Deputy CEO, National Industries Group Holding - Kuwait
  • Chairman, Meezan Bank Limited
  • Board Member, Privatization Holding Company - Kuwait
  • Chairman & CEO, Ikarus Petroleum Industries - Kuwait
  • Chairman, IT Partners Information Technology Company - Kuwait
  • Chairman, Middle East Complex for Engineering, Electronics and Heavy Industries Company - Jordan
  • Board Member, Noor Financial Investment Company - Kuwait
  • Board Member, Sahara International Petrochemical Company (SIPCHEM) - KSA
  • Advisory Board Member, Cleantech I & II Zouk Venture Limited - U.K

Other Recent Offices held:

  • Vice Chairman, for Airport International Group - Jordan
  • Board Member in Investment Committee of Bunyah Fund of the Kuwait Investment Co. - Bahrain
  • The Vice Chairman of Gas & Oil Fields Services Co. - (Kuwait)
  • Board member at Kuwait Rock Company - (Kuwait)
  • Vice Chairman at Eastern United Petroleum Services - (Kuwait)
  • Kuwait Ceramic Company - (Kuwait), Director at Sajaa Gas Private Limited Co.(UAE)
  • United Gas Transmissions Company Limited Co. - (UAE)
  • Advisory Board Member, Markaz Energy Fund - Kuwait
  • Chairman at K-Electric - Pakistan

Mr. Faisal A.A.A. Al-Nassar has been a Director of Meezan Bank since March 2015. He is Vice Chairman of the Board and Chairman of the Risk Management Committee as well as member of the Audit Committee and Information Technology Committee of the Board. Mr. Faisal A. A. A. Al-Nassar has a Bachelor’s degree in Accounting and Finance from Kuwait University and has held many senior management positions in the finance industry including Corporate Affairs Executive Manager at National Industries Group Holding Co., Auditor for government agencies in Kuwait Bureau of Accountancy and Head of Taxation Department, Ministry of Finance, Kuwait.

Current Directorships:

  • Deputy CEO, Finance and Administration, National Industries Group Holding Company — Kuwait
  • Chairman and CEO, Al Durra National Real Estate Company — Kuwait
  • Chairman and Director, Noor Al Salhia Real Estate — Kuwait
  • Director, Noor Financial Investment Company — Kuwait
  • Member Audit Committee, Noor Financial Investment Company — Kuwait
  • Member Risk Management Committee, Noor Financial Investment Company — Kuwait
  • Member Nomination & Remuneration Committee, Noor Financial Investment Company — Kuwait
  • Director, Proclad Group Limited — UAE
  • Director, Proclad International Investment Limited - UAE
  • Chairman of Audit and Risk Committee, Proclad Group Limited — UAE
  • Chairman, Shorfat Al Safwa — KSA
  • Chairman, Durrat Al Shameya Investment - KSA
  • Vice Chairman, Abu Dhabi Marina Real Estate Investment - UAE
  • Director and Chairman Audit Committee, Abu Dhabi Marina Real Estate Investment — UAE
  • General Manager, IKARUS Real Estate — UAE
  • Executive Committee Member, ARADI Abu Dhabi Investment — UAE
  • Board Member, Hotels Global Group — Jordan
  • Board Member, Al Ruwad Company — Kuwait
  • Chairman, Al Manor Financing & Leasing — Kuwait
  • Chairman of Nomination & Remuneration Committee, Al Manor Financing & Leasing — Kuwait

Other Recent Offices held:

  • Vice Chairman, Al Salboukh Trading Company
  • Chairman, Noor Telecommunication Company (Noortel), Kuwait
  • Board Member, Arabic Investment Group (Egypt)

Mr. Bader H.A.M.A. Al-Rabiah has been a Director of Meezan Bank since November, 2015. He is also a member of the Risk Committee of the Board.

Mr. Bader H.A.M.A. Al-Rabiah has a strong academic background in accounting and a focused experience in investments honed over the past 14 years. He was involved in establishing the Real Estate Investment Department at Noor Financial Investment Company and served as the Chairman at Arab Investment, Real Estate and Agricultural Development Group, Egypt.

Current Directorships:

  • Director, Savola Group - KSA
  • Director, Midchem Co - KSA
  • Director and Member Executive Committee, Al-Manar Financing and Leasing Co., - Kuwait
  • Director, Noor Financial Investment Co., - Kuwait
  • Member Audit Committee, Noor Financial Investment Co., - Kuwait
  • Chairman Risk Management Committee, Noor Financial Investment Co.- Kuwait
  • Director, Palms Agro Production Co.,- Kuwait
  • Director, Al-Durra National Real Estate Co., - Kuwait
  • Vice Chairman & CEO Noor Al Salhiya Real Estate Co., - Kuwait
  • Board Member, International Hotels Group -Jordan
  • Director, Ikarus Real Estate (W.L.L) - UAE

Other Recent Offices held:

  • Chairman & CEO Palm Agro Production Co.
  • Chairman, Arab Investment Real Estate and Agriculture (Egypt)
  • General Manager, Sidra Middle East for Electrical, Mechanical and Building Contracting Co.
  • Board Member, Abu Dhabi Marina Real Estate Investment - UAE
  • Reserve Director, Kuwait Finance House - Kuwait
  • General Manager, Tamouh National & General Trading & Contracting

Mr. Mubashar Maqbool has been a Director of Meezan Bank since October, 2019. He is also a member of the Risk Management Committee and Audit Committee as well as Chairman Information Technology Committee of the Board.

Mr. Mubashar Maqbool holds an MBA degree in Finance and International Business from University of Miami, U.S.A. and another MBA in Finance from Quaid-e-Azam University, Pakistan. He has a long, diversified and successful track record in Corporate Banking, Corporate Finance, Project Financing, Commercial Banking, SME Banking as well as General Management. In a career spanning over thirty years, he has held senior positions in renowned local and multinational organizations like Citigroup, Samba Financial Group, Habib Bank Limited etc. both in Pakistan and abroad.

Mr. Mubashar started his banking career with Citibank Pakistan where he held various positions in Corporate Banking Group. In 1997, he was transferred to Saudi American Bank (Samba), Saudi Arabia. He was Division Head, Corporate Banking in Samba Bank till 2004. Mr. Mubashar joined Habib Bank Limited in 2004 and held various senior positions there including Corporate Head – Central, Group Head – Commercial Banking & Retail Lending, Group Head – Commercial Banking and Country Manager / CEO, HBL – UAE. He also represented HBL on the Board of Pakistan Agricultural Storage and Services Corporation (PASSCO).

Current Board Membership:

  • Managing Director, Pak Kuwait Investment Co. (Private) Limited
  • Al-Meezan Investment Management Limited
  • National Clearing Company Pakistan Limited

Mr. Faisal Fahad Al-Muzaini joined the Board of Directors of Meezan Bank Ltd., as Director in 2021. He is a member of IFRS 9 Implementation Oversight Committee of the Board.

Mr. Al-Muzaini holds a Bachelor Degree in Business Administration from Gulf University for Science and Technology and a PLD Harvard Business school Alumni. He has more than 15 years’ experience of working in Investments and Corporate Finance and has held various senior management positions.

Currently he is working as Deputy Head of Debt Management Dept., with Ministry of Finance Debt Management Dept., Kuwait since 2018.

Other Offices recently held:

  • Head of Investment in Commercial Bank of Kuwait
  • Sec. to the Board in Commercial Bank of Kuwait
  • Board Member in Al Mulla International Financing Co
  • Board Member in Al Soor Financing Co (Al Mulla Group)
  • Board Member in Al-Tijari For Investment Funds Company– Kingdom of Bahrain
  • Board Member in KIC Brokerage Company

Mr. Naveed has over 35 years of rich and diversified experience in Islamic and Conventional Banking of Local and Foreign Banks. This includes over 15 years of working experience at the front end of Corporate, Commercial & SME segments and last 20 years his expertise has moved to Risk Management.

Mr. Naveed has worked at various key senior roles during his association with different local and foreign banks, such as, Team Leader CIBG, Faysal Bank Limited; Country Head Risk Asset Review, Senior Credit Officer at Union Bank Limited/Standard Chartered Bank Pakistan Limited; Country Head Corporate Banking, Country Head Risk-SME / Commercial during two different stints with NIB Bank Limited; Head of Credits for Corporate & Investment Banking and Islamic Banking at Bank Alfalah Limited, Chief Risk Officer at Dubai Islamic Bank Pakistan Limited. Since 2016 working with Pakistan Kuwait Investment Company Pvt. Limited as Chief Risk Officer. He has also represented PKIC as a Nominee Director on the Board of The General Tyre and Rubber Company of Pakistan Limited from October 2019 to September 2020. He has also performed due diligence exercise for some major local banks in Pakistan.

Mr. Naveed Sherwani holds Master’s degree from Karachi University and has also attended various international and local trainings/seminars related with banking and management. Mr. Naveed Sherwani has also attended the Director Orientation Workshop arranged by Pakistan Institute of Corporate Governance (PICG).

Mr. Mohamed Guermazi joined the Board of Directors of Meezan Bank in 2018. He is also a member of the Audit Committee of the Board. He is currently serving as "Lead Awqaf Investment Specialist" in the Islamic Development Bank (IsDB).

Mr. Guermazi holds a Masters Degree in Engineering from the National School of Bridges and Roads in Paris (Ecole Nationale des Ponts et Chaussées - Ponts PariTech). He is also serving as Member of the Board of Irada for Microfinance Co. Ltd. which is part of Bank of Khartoum Group in Sudan.

Prior to joining the IsDB in 2010, and over a period of 15 years, he had been serving as Director of Equities, Asset Management, Treasury and Financial Markets at Banque de Tunisie, one of the most prominent private commercial banks in Tunisia. Besides his operational responsibilities within Banque de Tunisie, he also served as Chairman of the ‘Société de Bourse de Tunisie’ - a subsidiary of the bank specialized in brokerage in securities; General Manager and Chairman of the Board of ‘Placements de Tunisie’ - an affiliated investment company; Board Member and Chairman of the Audit Committee of ASTREE Insurance company; Board Member of the Tunis Stock Exchange, as well as Board Member of several companies in which Banque de Tunisie holds a participation of reference.

Previously, Mr. Guermazi had also served as Deputy Managing Director of the Investment Loan Department at Banque de Tunisie, Project Officer at the Tunisian Qatari Bank for Investment and Senior Engineer in charge of the budget and follow-up of the activity of the fertilizer plants at the Tunisian Chemical Group.

Mr. Guermazi has been nominated by the Islamic Development Bank to be its representative on the Board of the Waqf BID Guinée (WBG), which is a not-for-profit organization to support the development of the education and health sectors in Guinea.

Current Directorships:

  • Board of the Waqf BID Guinee (WBG)
  • Irada for Microfinance Co. Ltd.

Mohammad Abdul Aleem has been re-elected as Independent Director on the Board of Meezan Bank in November 2021. He is the Chairman of Audit Committee and member of Human Resources, Remuneration & Compensation Committee of the Board.

Previously, he had served as Director on Meezan Bank’s Board from October 2010 till November 2018. He was Chairman of the Audit Committee as well as the Information Technology Committee of the Board during his last tenure. Besides, Meezan Bank, Mr. Aleem currently is also a Director and Chairman, Audit Committee of the Engro Corporation Limited and Pakistan Refinery Limited.

Mr. Abdul Aleem is currently the CEO and Secretary General of Overseas Investors Chambers of Commerce & Industry (OICCI). He has worked in senior positions within both Exxon Chemicals and Engro Corporation, serving in both Singapore and Pakistan. Thereafter, he has worked with British American Tobacco Group UK (BAT) in Pakistan and overseas, where he ultimately served as CEO of BAT Operations in Cambodia, Mauritius, and Indian Ocean territory. Since 2004, he has served in senior positions with large Government-owned organizations in Pakistan. His last assignment was as the Managing Director, Pakistan State Oil Company Ltd.

Mr. Abdul Aleem has in the past been a Director of Dawood Hercules Corporation, Pakistan Tobacco, LUMS, Pakistan Institute of Corporate Governance, and Chairman of Faysal Asset Management Company.

As a supporter of leading non-profit organizations in the field of education, Mr. Abdul Aleem is currently Vice Chairman of Professional Education Foundation and Chairman of Intellect School Governing Board.

Mohammad Abdul Aleem is a Fellow Chartered Accountant (Gold Medalist) and a Fellow Member of the Institute of Cost & Management Accountant. He has also attended extensive international management training programs including at Stanford University.

Current Directorships:

  • Pakistan Refinery Limited
  • Engro Corporation Limited
  • Professional Education Foundation
  • Sharmeen Khan Memorial Foundation
  • Overseas Investors Chamber of Commerce and Industry (OICCI)

Ms. Nausheen Ahmad joined the Board of Directors of Meezan Bank in April 2019. She is also a member of the Human Resources, Remuneration & Compensation Committee of the Board.

She holds an LL.B. from Kings College, London, an LL.M. degree from the University of London and a degree in the Philosophy of Religion from Kings College, London. She was called to the Bar from the Honorable Society of Grays Inn London and is registered as an Advocate of the Sindh High Court. She was also accredited as a mediator and master trainer by the Centre for Effective Dispute Resolution, UK.

Having spent over three decades in the corporate sector, Ms. Ahmad brings with her a tremendous amount of experience and expertise in the legal field, as well as proven leadership skills. She began her legal practice with the corporate law firm Surridge and Beecheno. Later, she went on to hold the position of Legal Counsel at Pakistan Petroleum Ltd., Unilever Pakistan Ltd. , ICI Pakistan Ltd. and Habib Bank Limited as the Company Secretary and General Counsel.

Ms. Ahmad left inhouse legal practice in mid 2021 to establish a boutique law firm called the Legal and Governance Advisory to provide corporate governance advice and training to businesses. She is an executive trainer and teaches the Directors Certification Training with PICG and IBA. She also conducts diversity and inclusion training and conflict resolution and negotiation skills courses. Ms Ahmad is part of the visiting faculty at KSBL and IOBM, Karachi.

Current Directorships:

  • International Steels Limited (ISL)
  • Jubilee General Insurance Company Limited (JGICL)
  • Altern Energy Limited
  • Engro Powergen Qadirpur Limited

Directorship Previously held:

  • First Women Bank Limited (FWBL)
  • Pakistan Stock Exchange Limited (PSX)

Mr. Yousef Saad Al-Saad joined the Board of Directors of Meezan Bank as an Independent Director in November 2021. He is a member of Risk Management Committee of the Board.

He holds a Bachelor’s in Finance and Financial Institutions from Kuwait University, College of Business Administration. He is also a Certified Credit Management professional from IFS School of Finance, UK.

Mr. Al-Saad has completed various local and international training courses from institutes including Harvard Kennedy School, SCOR Global P&C, JP Morgan & Chase Co., Wellington Institute and The Blackstone Group.

He brings over 14 years of Investment and Finance expertise, having held several key management positions over the span of his career, including prior entrepreneurial experience in various areas.

Current Position(s):

  • Board Member & CEO - Al Ahleia Insurance Company (S.A.K.P.) Kuwait
  • Board Member – Al Etihad Co-operative Insurance (KSA)
  • Vice Chairman and Managing Director – Trade Union Holding Company - Bahrain

Other Recent Offices held:

  • Board Member – Kuwait Reinsurance Company (K.S.C.P.)

Mr. Irfan Siddiqui is the founding President and Chief Executive Officer of Meezan Bank. He is also a member of the Information Technology Committee and of IFRS 9 Implementation Oversight Committee of the Board. Having articled with Coopers & Lybrand, London from 1975 - 1979, Mr. Irfan Siddiqui qualified as a Chartered Accountant from the Institute of Chartered Accountants in England and Wales. He has held several senior management positions including Chief Executive Officer at Al Meezan Investment Bank Limited, General Manager at Pakistan Kuwait Investment Company, Advisor to the Managing Director at Kuwait Investment Authority, Manager Finance and Operation at Abu Dhabi Investment Company and Senior Business Analyst at Exxon Chemical (Pakistan) Ltd.

Current Positions:

  • Member of Board of Trustees, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain
  • Member of Government of Pakistan Advisory Committee of the Planning Commission
  • Member of IBA Centre of Excellence in Islamic Finance, (CEIF), Board of Management
  • President of the Islamic Finance Association of Pakistan
  • Member of Government of Pakistan sub-committee on awareness, training and capacity building for Promotion of Islamic Banking in Pakistan
  • Council Member, Institute of Bankers Pakistan (IBP)
  • Chairman, Institute of Bankers Pakistan (IBP) HR Committee
  • Member of Steering Committee of Housing & Construction Finance
  • Chairman of Steering Committee on Media Campaign - Improving Islamic Finance Literacy
  • Member of State Bank of Pakistan, Electronic Warehouse Receipt Financing Implementation Task Force (ETF)
  • Member of Securities & Exchange Commission of Pakistan, Capital Market Advisory Council
  • Member of Ministry of Finance Steering Committee for Establishment of Hajj Fund

Other Recent Offices held:

  • President of the Overseas Investors Chamber of Commerce and Industry
  • Member of Managing Committee, Overseas Investors Chamber of Commerce and Industry
  • Member of Government of Pakistan Steering Committee for 'Promotion of Islamic Banking in Pakistan' (2013 - 2016)

Shariah Board

Successful implementation of the Islamic Banking model rests upon absolute adherence to the principles of Islamic Shariah. The foundations of a strong Shariah underpinning at Meezan Bank were laid from the beginning. A world-renowned Shariah Board and a highly qualified and experienced in house Shariah Advisor are fundamental aspects of the Bank's core USP. The primary role of this Board is to maintain and further strengthen this commitment and to ensure strict Shariah-compliance in all areas of the Bank's operations.Members of the Shariah Board of Meezan Bank are Internationally-renowned scholars, serving on the boards of many Islamic banks operating in different countries.

Justice (Retd.) Muhammad Taqi Usmani is a renowned figure in the field of Shariah, particularly in Islamic Finance. He currently holds advisory positions in a number of financial institutions practicing Islamic Banking and Finance.

Justice (Retd.) Muhammad Taqi Usmani has vast experience in Islamic Shariah, teaching various subjects on Islam for more than 50 years. He has served as a Judge in the Shariat Appellate Bench, Supreme Court of Pakistan from 1982 to 2002. He is also the Editor-in-Chief of the magazine Albalagh (a weekly publication of Jamia Darul Uloom, Karachi) as well as an active contributor of articles in leading Pakistani newspapers.

Justice (Retd.) Muhammad Taqi Usmani graduated from Punjab University, Pakistan in 1970 and also holds an LL.B. from Karachi University, Pakistan. Prior to these, he completed the Takhassus course, which is the specialization course of Islamic Fiqh and Fatwa (Islamic Jurisprudence) from Jamia Darul Uloom Karachi, Pakistan.

In March 2004, His Highness Sheikh Mohammad Bin Rashid Al Maktoum (Dubai Crown Prince and UAE Minister of Defense) presented a special award to Justice (Retd.) Muhammad Taqi Usmani in recognition of his lifetime service and achievement in Islamic Finance at the occasion of International Islamic Finance Forum, Dubai, which is one of the biggest events in the Islamic Finance Industry.

Current Board Memberships:

  • Vice President and Shaikul-Hadith, Jamia Darul Uloom, Karachi
  • Chairman, International Shariah Standard Council set up by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain.
  • Permanent Member International Islamic Fiqh Academy, Jeddah, sponsored by OIC
  • Member, Islamic Fiqh Academy of Rabita-al-‘Alam-e-Islami, Makkah
  • Fellow of the Royal Aal al-Bayt Academy, Jordan
  • Chairman Centre for Islamic Economics Pakistan since 1991
  • Chairman Shariah Board Abu Dhabi Islamic Bank, U.A.E.
  • Chairman Shariah Board Meezan Bank Ltd., Karachi, Pakistan
  • Chairman Shariah Board Pak-Kuwait Takaful, Karachi
  • Chairman Shariah Board Pak-Qatar Takaful, Karachi
  • Chairman Shariah Board Arif Habib Investments – Pakistan International Islamic Fund, Karachi
  • Chairman Shariah Board Arcapita Investment Fund, Bahrain
  • Member Unified Shariah Board Islamic Development Bank Jeddah
  • Member Shariah Board Guidance Financial Group, USA

Awards Received:

  • His Highness King Abdullah (of Jordan) Award 2011
  • Wisamul Istiqlal Award presented by His Highness King Abdullah of Jordan 2010
  • His Highness Prince Muhammad bin Raashid Aal Maktoom Award 2004
  • Lifetime Achievement Award presented by the Islamic Business and Finance Magazine 2011
  • IDB Prize in Islamic Banking and Finance 2014

Dr. Mufti Muhammad Imran Ashraf Usmani, son of Justice (Retd.) Mufti Muhammad Taqi Usmani, graduated with specialization in Islamic Fiqh (Islamic jurisprudence) from Jamia Darul-Uloom, Karachi, where he has been teaching Fiqh since 1990. He also holds an LL.B. and Ph.D. in Islamic finance. He is a member of the administration board of Jamia Darul-Uloom, Karachi. Presently Dr. Usmani is the Vice Chairman of Shariah Board at Meezan Bank.

Dr. Usmani is the author of numerous publications related to Islamic finance and other Shariah related subjects. He has presented papers in numerous national and international seminars and has delivered lectures at academic institutions including Harvard, LSE, LUMS and IBA.

In the past, Dr. Usmani has served as an advisor / member of Shariah Boards of several renowned institutions since 1997 including the State Bank of Pakistan, HSBC - Amanah Finance, UBS - Switzerland, Guidance Financial Group USA, Lloyds TSB Bank - UK, Japan Bank for International Cooperation (JABIC), Credit Suisse Switzerland, RBS Global, Old Mutual Albarakah Equity & Balanced Funds South Africa, AIG Takaful, ACR ReTakaful Malaysia, Capitas Group USA, Bank of London and Middle East Kuwait, BMI Bank Bahrain, Al Khaliji Bank Qatar, Sarasin Bank Switzerland, DCD Group Dubai, International Centre for Education in Islamic Finance (INCEIF) and other mutual and property funds, Takaful Companies and international Sukuk etc.

At present, Dr. Usmani is serving at different capacities at various organizations which are as under:

  • Faculty Member – Jamia Darul Uloom
  • Director – Hira Foundation School
  • Director – Center for Islamic Economics (CIE)
  • Vice Chairman Shariah Board – Meezan Bank
  • Research Faculty Member – Department of Economics Karachi University
  • President & Founder Trustee – Ihsan Trust
  • Academic Committee Chairman / Board Member / Faculty Member – Centre for Excellence In Islamic Finance CEIF (IBA)
  • Member Central Board – Center for Islamic Economics (CIE)
  • Shariah Board Member – Chairman Shariah Board NBP Fullerton Asset Management Company (NAFA)
  • Shariah Board Member – Al Meezan Mutual Funds
  • Shariah Advisor – PMEX
  • Chairman – Islamic Index Pakistan Stock Exchange (PSX)
  • Shariah Board Member – AAOIFI Shariah Committee
  • Shariah Advisor / Shariah Board Secretary – Guidance Financial Group USA
  • Member Central Shariah Supervisory Board – ChartisTakaful Company (Global)
  • Shariah Board Member – Sarasin Bank Switzerland
  • Shariah Board Member – AAOIFI Dubai
  • Shariah Board Member – International Islamic Financial Market Bahrain IIFM
  • Board Member – International Islamic Rating Agency Bahrain
  • Shariah Board Member – Amanah Islamic Finance (AIFA) Australia
  • Chairman Shariah Supervisory Council – Amanah Bank Sri Lanka
  • President and CEO – Usmani and Co. PVT Ltd.
  • President and CEO – Usmani and Co. Shariah Advisors PVT Ltd.

Born in Bahrain, Sheikh Esam Mohamed Ishaq graduated from McGill University, Montreal, Canada and also studied Shariah with a number of Sheikhs in the traditional manner.

He is a member of the High Council of Islamic Affairs of the Government of Bahrain and holds various Shariah positions in many social, commercial and educational institutions. Currently, he also teaches Fiqh, Aqeeda and Tafseer courses in various Centers of Islamic studies, supervised by the Ministry of Islamic Affairs in Bahrain.

He holds memberships of the following institutions:

  • The Governance Board of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain
  • The Shariah Council of the Maldives Monetary Authority (MMA), Maldives
  • The Shariah Panel of International Islamic Financial Market (IIFM), Bahrain
  • Advisory Panel in Bahrain Institute of Banking and Finance (BIBF), Bahrain

In addition to membership of the Shariah Supervisory Boards of a number of local, regional and international Islamic Financial Institutions (IFIs), he is the Chairman of Shariah Supervisory Boards of the following IFIs:

  • The Family Bank for Microfinance, Bahrain
  • Tamweel Africa Holding, Senegal
  • Investment Dar Bank, Bahrain
  • Eco Islamic Bank, Kyrgyzstan
  • Al Barakah Islamic Bank, Pakistan

Furthermore, Sheikh Esam is Chairman of the Muslim Educational Society, Vice Chair & Shariah Advisor for Discover Islam Centre & member of the Board of Trustees of Al- Iman Islamic Schools, Bahrain.

Mufti Muhammad Naveed Alam holds a Masters in Islamic Banking and Finance from University of Karachi and Shahadat ul Alamiyah and Takhassus (specialization in Islamic Jurisprudence and Fatwa) from Jamia Darul Uloom, Karachi. He is also a Certified Shariah Advisor & Auditor (CSAA) from Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI).

Mufti Muhammad Naveed Alam joined Meezan Bank in 2013 as a member of the Shariah Compliance Unit of Shariah Compliance Department. His main responsibilities include Islamic banking training, Shariah Compliance review and Shariah Audit of different departments and branches.

He is an active teacher / trainer at Center for Excellence in Islamic Finance (CEIF) of Institute of Business Administration (IBA) Karachi, Center of Islamic Economics (CIE) of Jamia Darul-Uloom Karachi, as well as several other renowned universities.

He is also a member of the Shariah Board of NBP Funds. Prior to joining as RSBM, Mufti Muhammad Naveed Alam has served as Shariah Advisor of Premier Window Takaful Operations and also as Shariah Coordinator at Indus Hospital.

Management Team

We are a team of professional bankers committed to the cause of Islamic Banking


Shareholding Structure

Branch Network

Alhamdulillah, with more than 900 branches in more than 250 cities across Pakistan, Meezan Bank is the largest Islamic Bank in Pakistan. This is a milestone that is not only the success story of Meezan Bank but also the continuing success story of Islamic banking in Pakistan. With this extensive network, our existing and potential customers are now closer than ever in benefiting from Islamic Banking at their doorstep. All branches provide real-time online banking facilities to customers.