Karachi, Pakistan: Meezan Bank has surpassed Rs2 billion in disbursements under the Government of Pakistan’s flagship affordable housing initiative, Wazir-e-Azam Apna Ghar Programme – Ghar Ho Tu Apna (GHTA), marking a significant milestone in its support for expanding access to home ownership.
The Bank also recorded its highest-ever monthly housing finance disbursement of Rs1.3 billion, reflecting the growing demand for its Shariah-compliant home financing solutions and reinforcing its position as a leading provider of Islamic housing finance in Pakistan.
The achievement comes as the Government continues to promote affordable housing through its “Mera Ghar – Mera Ashiana” Markup Subsidy and Risk Sharing Scheme. Under the initiative, participating banks provide housing finance of up to Rs10 million with fixed financing terms of up to 20 years, making home ownership more accessible for eligible Pakistanis.
Commenting on the milestone, Ahmed Ali Siddiqui, Group Head Consumer Finance and Digital Banking at Meezan Bank, said the achievement reflects the Bank’s continued commitment to supporting the Government’s affordable housing agenda while helping individuals and families achieve their dream of home ownership through ethical and Shariah-compliant financing.
He added that Meezan Bank’s comprehensive housing finance portfolio is designed to serve a wide range of customers, including salaried individuals, self-employed professionals, and overseas Pakistanis, by offering accessible and customer-focused financing solutions.
As Pakistan’s largest Islamic bank, Meezan Bank continues to strengthen its housing finance business through simplified application processes, a nationwide branch network, dedicated housing finance teams, and digital initiatives aimed at enhancing customer experience and improving financing turnaround times.
