Ghar Ho Tu Apna: MBL approves Rs31.45bn in housing finance

KARACHI: Meezan Bank has approved more than PKR 31.45 billion in housing finance across 4,424 applications under the Government of Pakistan’s Wazir-e-Azam Apna Ghar Programme-Ghar Ho Tu Apna (GHTA), reflecting strong demand for affordable, Shariah-compliant home financing across the country.

The approved applications represent a substantial financing pipeline expected to translate into further disbursements as customers complete property selection, documentation and other procedural requirements.

Against this growing pipeline, Meezan Bank has already crossed PKR 4 billion in cumulative disbursements under the programme, helping around 650 families move closer to owning their homes.

Momentum accelerated sharply during August 2026, when the Bank disbursed approximately PKR 2.2 billion in a single month, accounting for more than half of its cumulative disbursements under the programme to date.

Commenting on the development, Ahmed Ali Siddiqui, Group Head Consumer Finance, Meezan Bank, said that the approval of more than PKR 31.5 billion in financing across over 4,400 applications demonstrates the significant demand for affordable and Shariah-compliant housing finance in Pakistan. With over PKR 4 billion already disbursed and 650 families supported, our focus is now on converting this strong approved pipeline into home ownership for thousands of additional customers, he informed.

He further said that Meezan Bank remains committed to supporting the Government’s objective of expanding access to affordable housing while providing customers with financing solutions structured in accordance with Islamic principles.

Through its Easy Home solutions, Meezan Bank provides Shariah-compliant financing for the purchase and construction of residential properties.

Copyright Business Recorder, 2026