MEEZAN LIMITED

Company Introduction:

Meezan Bank Limited is a prominent Islamic bank in Pakistan. Established in 1997 and commencing operations in 2002, it is the first and largest Islamic bank in the country. Meezan Bank offers a comprehensive range of Shariah-compliant banking products and services to its customers, including retail banking, corporate banking, investment banking, and trade finance. It operates through a vast network of branches across Pakistan and is committed to promoting and developing Islamic finance in the region.

Nature of Business:

Meezan Bank Limited is a financial institution, specifically an Islamic bank. It is neither a factory (manufacturer of goods) nor a trader (buyer and seller of goods). Its core business involves providing financial services in accordance with Islamic Shariah principles.

Meezan Bank Limited, a prominent Islamic bank in Pakistan, offers a wide range of Shariah-compliant financial products and services. These include:

Deposit Accounts

Current Accounts

Savings Accounts

Term Deposit Accounts (Fixed Deposits)

Special Purpose Accounts (e.g., Pensioners Account, Children's Savings Account)

Consumer Financing

Auto Ijarah (Car Financing)

Easy Home (Home Financing)

Meezan Gold Financing

Meezan Personal Finance (for goods and services)

Business and Corporate Financing

Working Capital Financing (e.g., Murabaha, Musharakah)

Project Financing (e.g., Istisna'a, Diminishing Musharakah)

Trade Finance (Import/Export financing, Letters of Credit, Guarantees)

Small and Medium Enterprise (SME) Financing

Debit Cards

PayPak Debit Cards

Visa Debit Cards

Digital Banking Services

Mobile Banking Application

Internet Banking

SMS Banking

ATM Services

Remittance Services

Local Fund Transfers

International Remittances

Wealth Management and Investments

Mutual Funds (offered through Al Meezan Investment Management, a subsidiary)

Investment Certificates

Bancassurance (Takaful)

Life Takaful products

General Takaful products