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Meezan Bank Limited (Pakistan)

Main Activities: Commercial Banking
Full name: Meezan Bank Limited Profile Updated: August 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Meezan Bank Limited is one of the largest banks in Pakistan established in 1997. In 2002 it became the first bank to receive an Islamic commercial banking license by the State Bank of Pakistan. The bank provides a comprehensive range of Islamic banking products through a network of 550 branches in 143 cities across Pakistan. Its services are divided into two groups – personal and business services, fully compliant with the Islamic Sharia law, which prohibits interest-based operations.

Headquarters
Meezan House, C-25, Estate Avenue, Site
Karachi; Sindh; Postal Code: 74000

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Website: http://www.meezanbank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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President
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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35.22%
Subsidiaries
Meezan Exchange Company (Private) Limited
100%
Al Meezan Investment Management Limited
65%
Company Performance
Financial values in the chart are available after Meezan Bank Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net interest income
88.38%
Operating profit (EBIT)
76.79%
Net Profit (Loss) for the Period
90.11%
Total assets
16.94%
Total equity
59.5%
Total Assets Trend
-18.4%
Net Interest Income Trend
-16.92%

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