Company Profile:
Meezan Islamic Bank Limited (MIBL)
Type of Company: Financial Institution (Islamic Bank)
Meezan Islamic Bank Limited (MIBL) is neither a factory nor a trading company. It is a leading financial institution based in Pakistan, specifically an Islamic bank.
Company Introduction:
Meezan Islamic Bank Limited (MIBL) stands as Pakistan's first and largest dedicated Islamic bank, established in 2002. It operates entirely under the principles of Shariah, offering a comprehensive suite of Riba-free (interest-free) financial products and services. MIBL plays a pioneering role in the development and expansion of the Islamic banking industry in Pakistan. Its offerings cater to a diverse clientele, including retail customers, corporate entities, and investment clients, covering areas such as consumer banking, corporate finance, trade finance, and treasury services. The bank is recognized for its unwavering commitment to ethical banking practices, financial innovation within Shariah compliance, and its extensive branch network across Pakistan, cementing its position as a significant player in both the domestic and global Islamic finance landscape.
Enterprise Products
M I B L (Meezan Bank Islamic Banking Limited) primarily offers Islamic banking products and services. These include:
* Current Accounts (various types)
* Savings Accounts (various types)
* Term Deposits
* Financing (Home, Auto, Business, etc.)
* Trade Finance
* Investment Products (Islamic Mutual Funds, Sukuk, etc.)
* Remittance Services
* Debit and Credit Cards (Islamic versions)
* Bancassurance (Takaful products)