Tag Archives: Meezan

Meezan Bank, RFSs clinch remittance deal

Meezan Bank, the country’s first and largest Islamic bank, has entered into a Money Remittance Agreement (MRA) with Ria Financial Services (RFSs). This new partnership will facilitate Pakistanis around the world in

Al Meezan announces dividend

The meeting of the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Asset Management company of Meezan Balanced Fund (MBF) Meezan Islamic Fund (MIF), Meezan Islamic Income Fund

Meezan Bank advises first ever short-term Sukuk

Meezan Bank added another “First” in Pakistan’s Islamic Banking Industry by becoming the Advisor and Lead Arranger for the first ever short-term Sukuk for Kot Addu Power Company Limited (KAPCO). The short

Al Meezan announces dividend payout

Al Meezan Investment Management Limited (Al Meezan) is pleased to announce the fifth interim dividend payout for Meezan Cash Fund (MCF) of Rs0.58 per unit. The payouts are in the form of

Meezan Bank receives multiple awards

Meezan Bank has been awarded ‘Best Islamic Bank in Pakistan’ and ‘Best Islamic Trade Finance Bank in Pakistan’ by Asset Triple A Awards, Hong Kong. The Triple A Awards – an integrated

Al Meezan posts results

Al Meezan Investment Management Limited (Al Meezan) is pleased to announce Fourth Interim dividend payout for its three funds; Meezan Islamic Income Fund (MIIF)  at Rs. 1.00 per unit, Meezan Sovereign Fund

Meezan Bank’s profits rise sharply

Meezan Bank has recorded 61 percent growth in its post-tax profit for the quarter ended March 31, 2011. The Profit after tax for the quarter increased to Rs 586 million as compared

Meezan Bank holds Shariah supervisory meeting

KARACHI – Meezan Bank Limited has held the 17th Shariah Supervisory Board meeting. The meeting was chaired by Justice (r) Muhammad Taqi Usmani; other members of the Shariah Board include Sheikh Essam M. Ishaq from Bahrain and Dr Muhammad Imran Usmani. The senior management of Meezan Bank including President and CEO Irfan Siddiqui and Chief Operating Officer Ariful Islam were also present at the meeting.
The Shariah Board praised the performance of the bank and showed overall

Meezan Bank holds 17th Shariah Supervisory Board Meeting

KARACHI – The 17th Shariah Supervisory Board meeting of Meezan Bank Limited (MBL) was held at the Darul Uloom Korangi on Tuesday.
It was chaired by Justice (Retd.) Muhammad Taqi Usmani. Other members of the Shariah Board include Sheikh Essam M. Ishaq (Bahrain) and Dr. Muhammad Imran Usmani.
A statement said that the senior management of Meezan Bank including Irfan Siddiqui, President and Chief Executive Officer, and Ariful Islam, Chief Operating Officer, were also present at

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