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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. 14.1 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 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 800 branches in more than 240 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 660 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 a member of the Human Resources and Remuneration Committee, Information Technology Committee and IFRS 9 Implementation Oversight Committee of the Board. 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
  • Chairman, 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
  • 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 Audit 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:

  • Vice Chairman & CEO Noor Salhia Real Estate Company — Kuwait
  • Vice Chairman, Al-Manar Financing and Leasing Company — Kuwait
  • Director, Palms Agro Production Company - Kuwait
  • Director, Noor Financial Investment Company - Kuwait
  • Member Audit Committee, Noor Financial Investment Company - Kuwait
  • Chairman Risk Management Committee, Noor Financial Investment Company — Kuwait
  • Director, International Hotels Group
  • Reserve Director, Kuwait Finance House — Kuwait
  • Director, Savola Group — KSA
  • General Manager, Tamouh National & General Trading & Contracting
  • Vice Chairman, Al-Durra National Real Estate Company — Kuwait
  • Board Member, International Hotels Group — Jordan
  • General Manager, Ikarus Real estate — UAE
  • General Manager, Noor Al-Salhiya Real Estate Company (KSA)
  • Board Member, Abu Dhabi Marina Real Estate Investment — 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.

Mr. Mubashar Maqbool has been a Director of Meezan Bank since October, 2019. He is also a member of the Risk Management Committee and 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. 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 Risk Management 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.

Mr. Noorur Rahman Abid has been a Director of Meezan Bank since January, 2014. He is also the Chairman of the Audit Committee and Human Resources and Remuneration Committee of the Board.

Mr. Noorur Rahman Abid is a Fellow Chartered Accountant from Institute of Chartered Accountants in England and Wales and has held several senior management positions including Assurance Leader for Ernst & Young Middle East and North Africa, Engagement Partner for audits of large wholesale bank based in Bahrain as well as the largest Investment bank based in Bahrain, Chairman of Auditing Standards Committee and Deputy Chairman of Accounting and Auditing Standards Board of AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions). He played an instrumental role in promoting several successful initiatives, including the Islamic Banking Center of Excellence in Bahrain and was declared winner of the World Islamic Banking Conference 2012 Industry Leadership Award in recognition of his contribution to Islamic banking.

Current Directorships:

  • Special Technology Zones Authority (STZA)
  • Kuwait Finance House - Kuwait
  • Arcapita Investment Management - Bahrain
  • Member of Board of Trustees, Accounting and Auditing Organization for Islamic Financial Institutions
  • Dr. Solaiman Fakeeh Hospital - Saudi Arabia

Other Recent Offices held:

  • Kuwait Finance House (KFH) Malaysia
  • Kuwait Finance House (KFH) Bahrain

Ms. Nausheen Ahmad joined the Board of Directors of Meezan Bank in April 2019. She is also a member of the Human Resources and Remuneration 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. and ICI Pakistan Ltd. before moving onto Habib Bank Limited as the Company Secretary and General Counsel.

Ms. Ahmad has been associated with the Legal and Regulatory Committees of the Pakistan Bank Association and the Pakistan Business Council and has held several leadership positions throughout her professional career. She was Non-Executive Director of First Women Bank Limited (FWBL) and played an active role in setting up the Pakistan Mortgage Refinance Company (PMRC). With her strong interest in Corporate Governance and Training, Ms. Ahmad has been undertaking training assignments with the Pakistan Mediators Association, SZABIST and the Institute of Business Administration, Karachi.

Current Directorships:

  • International Steels Limited (ISL)
  • Jubilee General Insurance Company Limited (JGICL)

Directorship Previously held:

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

Mr. Atif Azim has been a Director of Meezan Bank since July 11, 2019. He is also a member of the Information Technology Committee of the Board.

Mr. Azim holds a Master’s degree in Computer Science from Stanford University in California, and B.Sc. degree in Electrical Engineering from Imperial College of Science, Technology and Medicine, London.

He is the Founder and Chief Executive of VentureDive, a technology solutions company that develops and invests in products and services that positively impact the lives of millions globally. VentureDive’s customers includes Careem and IslamicFinder.

He is a seasoned professional with over 15 years’ experience in the technology industry across the Silicon Valley in the United States, United Arab Emirates and Pakistan. Prior to this, Mr. Azim was Founder and Vice President of Solutions at Perfigo, a San Francisco based technology startup that was acquired by Cisco Systems. While at Cisco, he was responsible for growing the network security product line to a $200m business.

Mr. Azim is actively involved with the entrepreneurial ecosystem in Pakistan. He is a Founder and Board Member of DotZero, a first of its kind technology incubator in Pakistan. He has also served as an advisor and mentor to a number of entrepreneurs and, as well as being an early investor in a number of technology startups; he is also part of the Angel Investor Community at Invest to Innovate.

Current Directorships:

  • Dotzero (Pvt.) Ltd.
  • Cleanry (Pvt.) Ltd.
  • Artsy (Pvt.) Ltd.
  • VentureDive (Pvt.) Ltd.

Other Recent Offices held:

  • Al-Meezan Investment Management Ltd.

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:

  • President of the Overseas Investors Chamber of Commerce and Industry
  • 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 CEIF Board of Management, Centre of Excellence in Islamic Finance, (CEIF), IBA
  • 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
  • Member of Steering Committee of Housing & Construction Finance
  • Chairman of Steering Committee on Media Campaign - Improving Islamic Finance Literacy

Other Recent Offices held:

  • 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 800 branches in more than 240 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.