Karachi, August 8, 2024 — Meezan Bank Limited (PSX: MEBL) has reported its highest-ever quarterly earnings, recording a profit of Rs. 26.7 billion for the second quarter of the calendar year 2024 (2QCY24). This marks a significant 55% year-on-year (YoY) increase and a 5% rise quarter-on-quarter (QoQ). The result underscores the bank’s robust financial performance […]
Meezan Bank has announced the launch of Phase 2 of its MEEZANSHIP Program for 2024, a structured internship initiative designed for fresh graduates and postgraduates. This program aims to bridge the gap between academic learning and industry experience, offering young professionals a valuable opportunity to gain practical skills and potentially secure employment with the bank. […]
Karachi, July 13, 2024 – The Pakistan Stock Exchange (PSX) has proudly announced the induction of Meezan Bank as the first market maker for CDS-eligible Government of Pakistan (GoP) Ijarah Sukuk (GIS). This move, aimed at enhancing liquidity in the CDS-eligible government debt securities (GDS) market, involves the quotation of two-way prices and facilitating the […]
Lahore – In a significant move to enhance Shariah-compliant financial services in rural areas, Meezan Bank has signed an agreement with Rural Community Development Programmes (RCDP). The agreement will see Meezan Bank’s Shariah Advisory Unit providing extensive Shariah technical services and support to RCDP. The agreement entails several key services, including: The signing ceremony took […]
Meezan Bank, Pakistan’s leading Islamic bank, has officially commenced operations of its wholly-owned subsidiary, Meezan Exchange Company Limited (MECL), in Karachi. MECL is set to offer comprehensive remittance and foreign exchange services to all customers. As a part of its initial expansion strategy, MECL aims to open 10 outlets nationwide within the first month of […]