Meezan Bank, Pakistan’s first and largest Islamic bank and Hyundai Nishat Motor (Private) Limited – a joint venture among three… Read More
Noor Financials Further Divests Rs. 2.02 Billion from Meezan Bank
Noor Financial Investment Company continued with its divestment plans in Meezan Bank as it sold over 27.23 million shares to… Read More
Noor Financial Sells Off Its 3 Million Shares of Meezan Bank
Noor Financial Investment Company has sold over 3 million shares of Meezan Bank to foreign investors at a value of Rs.… Read More
US and European Investors in Talks to Buy Stakes in Meezan Bank: Report
Six foreign investors are interested in buying a combined 9.59% stake in Pakistan’s largest Islamic Bank.… Read More
Three of Pakistan’s Largest Banks Are Up for Sale
Some of the top profitable banks of Pakistan have been put up for sale, despite showing signs of healthy growth.… Read More
Ministry of Religious Affairs is Earning Interest from Banks
Ministry of Religious Affairs is still using conventional bank accounts to deposit and withdraw Hujjaj’s money, despite moving to Shariah-Compliant… Read More
Pakistan Makes its First Electronic Islamic Banking Transaction Through PMEX
Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has facilitated Pakistan’s first electronic Murabaha transaction, which in… Read More
FonePay by Masterpass May Just Be the Only Banking App You Need
FonePay (powered by Masterpass), is a solution that allows consumers to make simple and secure digital payments across devices and… Read More
Meezan Bank Maintains Double Digit Growth in Q3 2017
Meezan Bank continued its growth momentum registering a double digit profit of 14.6 percent for the nine month period ending September 2017.… Read More
Meezan Bank Now Lets Investors Subscribe to an IPO Online
Stock market investors in Pakistan can now make payments for an Initial Public Offering (IPO) via ATM, internet banking or… Read More
Meezan Bank To Issue Biggest Sukuk of Rs. 7 Billion
Meezan Bank is all set to issue a biggest ever Sukuk of Rs 7 billion issued by a Islamic bank… Read More
Meezan Bank Awarded for Innovation in Branchless Banking
Global Finance magazine has revealed The Innovators in Islamic Finance for 2016. The list recognizes Meezan Bank for launching the … Read More