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Business & Finance

Meezan Bank housing finance surpasses Rs3bn under GHTA

  • Meezan Bank approved more than 3,000 housing finance applications under the GHTA Programme
Published Updated

Meezan Bank, one of Pakistan’s largest commercial banks, has surpassed Rs3.05 billion in cumulative disbursements under the Government of Pakistan’s flagship affordable housing initiative, Wazir-e-Azam Apna Ghar Programme – Ghar Ho Tu Apna (GHTA).

“The milestone reflects the growing preference for Meezan Bank’s Shariah-compliant housing finance solutions and the bank’s continued commitment to making home ownership more accessible through ethical, transparent and customer-centric financing,” read a statement on Monday.

The ‘Wazir-e-Azam Apna Ghar Programme – Ghar Ho Tu Apna’ (GHTA) is a nationwide subsidised housing finance initiative launched on April 30, 2026, by PM Shehbaz Sharif.

It aims to address Pakistan’s housing shortage by providing affordable, long-term financing to low- and middle-income families for homeownership and by stimulating economic growth through increased construction activity.

GHTA Programme: Meezan Bank achieves Rs2bn in disbursements

The program was developed after extensive consultations with the private sector, the finance ministry, and the State Bank of Pakistan (SBP).

As per the statement, Meezan Bank approved more than 3,000 housing finance applications under the GHTA Programme, representing a cumulative approved financing amount exceeding Rs22.557 billion.

Commenting on the achievement, Ahmed Ali Siddiqui, Group Head – Consumer Finance & Digital Banking, Meezan Bank said, “affordable home ownership is one of Meezan Bank’s key strategic priorities”.

“With more than 3,000 approved applications in the pipeline, we remain committed to supporting the Government’s affordable housing agenda and enabling thousands more Pakistani families to own a home through ethical Islamic financing,” he said.

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