Tag: Meezan

Meezan Family of Funds announces Interim Payout of Rs 5,250 million...

Al Meezan Investment Management Ltd. (Al Meezan) has announced interim payouts of Rs.3,566  million for its unit holders in nine open-end funds last week....

Meezan Bank inks deal with UAE’s Mashreq Bank on ‘Wakala’

Meezan Bank, the first and largest Islamic commercial bank, has entered into an agreement with Mashreq Bank PSC, UAE, under which Meezan Bank would...

Meezan Bank’s profit grows by 130pc during Jan-SeptCY11

Meezan Bank Limited has achieved 130 per cent growth in its profit-after-tax that stood at Rs2.292 billion for the nine-month period ending on 30th...

Meezan Bank, RFSs clinch remittance deal

Meezan Bank, the country’s first and largest Islamic bank, has entered into a Money Remittance Agreement (MRA) with Ria Financial Services (RFSs). This new...

Al Meezan announces dividend

The meeting of the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Asset Management company of Meezan Balanced Fund (MBF)...

Meezan Bank advises first ever short-term Sukuk

Meezan Bank added another “First” in Pakistan’s Islamic Banking Industry by becoming the Advisor and Lead Arranger for the first ever short-term Sukuk for...

Meezan Bank advises first ever Islamic short-term Sukuk

Meezan Bank added another “first” in Pakistan’s Islamic Banking Industry by becoming the Advisor and Lead Arranger for the first ever short-term Sukuk for...

Al Meezan Mutual Fund converted into an Open-end fund

Al Meezan Mutual Fund (AMMF) – the closed-end equity fund managed by Al Meezan Investment Management Ltd (Al Meezan) since 1995 has now been...

Meezan Funds pay dividends of Rs1.08 b

The Board of Directors of Al Meezan Investment Management Ltd. (Al Meezan) in its meeting held on July 7, 2011 declared dividends for its...

Meezan Bank wins CFA bank of the year award

Meezan Bank has been awarded ‘Islamic Bank of the Year’ for 2010 by CFA Association of Pakistan (CFAAP) at its 8th annual Excellence Awards....

Al Meezan announces dividend payout

Al Meezan Investment Management Limited (Al Meezan) is pleased to announce the fifth interim dividend payout for Meezan Cash Fund (MCF) of Rs0.58 per...

Meezan Bank receives multiple awards

Meezan Bank has been awarded 'Best Islamic Bank in Pakistan' and ‘Best Islamic Trade Finance Bank in Pakistan’ by Asset Triple A Awards, Hong...

Meezan Bank and Western Union team up

Meezan Bank Limited (MBL), Pakistan's first and largest Islamic commercial bank, and Western Union, world leader in money transfer services, have entered into a...

Al Meezan posts results

Al Meezan Investment Management Limited (Al Meezan) is pleased to announce Fourth Interim dividend payout for its three funds; Meezan Islamic Income Fund (MIIF) ...

Meezan Bank’s profits rise sharply

Meezan Bank has recorded 61 percent growth in its post-tax profit for the quarter ended March 31, 2011. The Profit after tax for the...

Meezan Bank holds Shariah supervisory meeting

KARACHI - Meezan Bank Limited has held the 17th Shariah Supervisory Board meeting. The meeting was chaired by Justice (r) Muhammad Taqi Usmani; other members of the Shariah Board include Sheikh Essam M. Ishaq from Bahrain and Dr Muhammad Imran Usmani. The senior management of Meezan Bank including President and CEO Irfan Siddiqui and Chief Operating Officer Ariful Islam were also present at the meeting.
The Shariah Board praised the performance of the bank and showed overall

Meezan Bank holds 17th Shariah Supervisory Board Meeting

KARACHI - The 17th Shariah Supervisory Board meeting of Meezan Bank Limited (MBL) was held at the Darul Uloom Korangi on Tuesday.
It was chaired by Justice (Retd.) Muhammad Taqi Usmani. Other members of the Shariah Board include Sheikh Essam M. Ishaq (Bahrain) and Dr. Muhammad Imran Usmani.
A statement said that the senior management of Meezan Bank including Irfan Siddiqui, President and Chief Executive Officer, and Ariful Islam, Chief Operating Officer, were also present at