Meezan Bank
Meezan Bank (Urdu: میزان بینک) is Pakistan's first Islamic bank, which began its operations in 2002 after obtaining the inaugural Islamic commercial banking license from the State Bank of Pakistan. The bank is based in Karachi, Pakistan, with its headquarters located at Meezan House. It boasts an extensive network of over 1000 branches.
Company type | Public Limited |
---|---|
PSX: MEBL | |
Industry | Islamic banking |
Founded | 27 January 1997 |
Headquarters | Karachi-75700, Pakistan |
Number of locations | 1000 (2023) |
Key people | |
Products | Loans, debit cards, savings, consumer banking, business Banking, premium Banking |
Revenue | Rs. 141.933 billion (US$490 million) (2022) |
Rs. 88.805 billion (US$310 million) (2022) | |
Rs. 45.141 billion (US$160 million) (2022) | |
Total assets | Rs. 2.581 trillion (US$8.9 billion) (2022) |
Total equity | Rs. 117.930 billion (US$410 million) (2022) |
Number of employees | 15,380 |
Parent | Noor Financial Investment Company (35.25%)
Pak Kuwait Investment Company (30.00%) Islamic Development Bank (9.32%) |
Subsidiaries | Al Meezan Investments |
Website | www |
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