Meezan Bank

Meezan Bank
Company typePublic
PSX: MEBL
KSE 100 component
KSE 30 component
IndustryIslamic banking
Founded27 January 1997; 27 years ago (1997-01-27)
HeadquartersKarachi-75700, Pakistan
Number of locations
1,004[1] (2023)
Key people
ProductsLoans, debit cards, savings, consumer banking, business Banking, premium Banking
RevenueIncrease Rs. 250.46 billion (US$870 million)[1] (2023)
Increase Rs. 172.06 billion (US$600 million)[1] (2023)
Increase Rs. 86.02 billion (US$300 million)[1] (2023)
Total assetsIncrease Rs. 3.01 trillion (US$10 billion)[1] (2023)
Total equityIncrease Rs. 188.46 billion (US$650 million)[1] (2023)
Owner
  • Noor Financial Investment (35.22%)
  • Pakistan Kuwait Investment Company (29.97%)
  • Islamic Development Bank (9.31%)
Number of employees
17,186[1] (2023)
SubsidiariesMeezan Exchange Company (100%)
Al Meezan Investment Management (65%)
Websitemeezanbank.com

Meezan Bank Limited (Urdu: میزان بینک) is a Pakistani Islamic bank headquartered in Karachi.[2] It is the largest Islamic bank and the largest bank based on market capitalization in Pakistan.[3]

  1. ^ a b c d e f g "Meezan Bank Annual Report 2023" (PDF). meezanbank.com. Retrieved 26 March 2024.
  2. ^ Everington, John (30 October 2023). "The rise and rise of Islamic banking in Pakistan". The Banker.
  3. ^ Report, Profit (June 1, 2020). "Meezan Bank set to benefit from the government's expansion of Islamic debt issuance". Profit by Pakistan Today.