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Meezan Bank to provide Long-Term Financing to Linde Pakistan

January 5th, 2012

Meezan Bank Ltd. and Linde Pakistan Ltd. (formerly known as BOC Pakistan Limited) have entered into a Diminishing Musharakah Agreement for the setup of a new state-of-the-art Air Separation Plant and related supply chain equipment in Lahore by Linde Pakistan.

The agreement marks another historic landmark in the development and growth of Islamic Banking in Pakistan. Meezan Bank is actively building corporate relationships and is fully geared to cater to the financing and trade finance needs of local and multinational Corporate Customers.

Mr. Yousuf Husain Mirza (Chief Executive – Linde Pakistan) and Mr. Ariful Islam (COO – Meezan Bank) sign the Diminishing Musharakah Agreement at the Linde Pakistan Head Office, Karachi. Also seen in the picture are Mr. Syed Tariq Hassan (Corporate Head - South - Meezan Bank) and Mr. Ashraf Bawany (Deputy Manager Director - Linde Pakistan) along with staff members of both companies.

Mr. Yousuf Husain Mirza (Chief Executive – Linde Pakistan) and Mr. Ariful Islam
(COO – Meezan Bank) sign the Diminishing Musharakah Agreement at the Linde Pakistan Head Office, Karachi. Also seen in the picture are Mr. Syed Tariq Hassan (Corporate Head – South – Meezan Bank) and Mr. Ashraf Bawany (Deputy Manager Director – Linde Pakistan) along with staff members of both companies.