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Meezan Bank’s Shariah Supervisory Board holds meeting with the Bank’s Board of Directors

August 2nd, 2017

The Shariah Supervisory Board of Meezan Bank met the Bank’s Board of Directors recently for a detailed meeting as well as a Shariah training session of the Bank’s Board of Directors at Darul Uloom, Karachi.

Justice (Retd) Muhammad Taqi Usmani, Chairman of the Bank’s Shariah Supervisory Board and Sheikh Esam Mohamed Ishaq, member Shariah Supervisory Board were present at the meeting.

Meezan Bank’s Chairman, Mr. Riyadh S.A.A. Edrees and Vice Chairman Mr. Faisal A.A.A. Al-Nassar also attended the meeting along with the Bank’s President & CEO. Mr. Irfan Siddiqui and Deputy CEO, Mr. Ariful Islam.

During the Shariah training session, Sheikh Esam Mohamed Ishaq spoke to the Board about the philosophy behind various aspects of Islamic finance. He also updated the Board members about the growth and development in this field as well as the issues faced by Islamic banking in today’s world. The training program was followed by an interactive Q&A session.

In his meeting with the Board of Directors, Mufti Taqi Usmani spoke highly about Meezan Bank and appreciated the Directors for their contribution in making Meezan Bank a success story. He also admired the commitment of the Bank’s management towards the cause of Islamic banking and emphasized that sincerity towards the cause of Islamic banking was an important factor in the Bank’s success.

Mr. Riyadh S.A.A. Edrees – Chairman of the Board thanked Mufti Muhammad Taqi Usmani for his valuable guidance and continued support to the Bank. He also reiterated the Board’s commitment towards Meezan Bank as well as towards the success of Islamic Banking in Pakistan.