BR100 Increased By (1.16%)
BR30 Increased By (1.35%)
KSE100 Increased By (0.83%)
KSE30 Increased By (0.85%)
BECO 5.73 Increased By ▲ 0.14 (2.5%)
BML 63.52 Increased By ▲ 2.49 (4.08%)
BOP 33.64 Increased By ▲ 0.39 (1.17%)
CNERGY 8.23 Increased By ▲ 0.18 (2.24%)
DCL 11.45 Increased By ▲ 0.15 (1.33%)
FCCL 53.00 Increased By ▲ 0.07 (0.13%)
FCSC 5.58 Increased By ▲ 0.24 (4.49%)
FFL 17.85 Increased By ▲ 0.24 (1.36%)
FNEL 1.30 Decreased By ▼ -0.01 (-0.76%)
HUMNL 11.18 Increased By ▲ 0.06 (0.54%)
KEL 7.98 Increased By ▲ 0.09 (1.14%)
KOSM 5.50 Increased By ▲ 0.17 (3.19%)
MLCF 86.35 Increased By ▲ 1.00 (1.17%)
NBP 184.80 Increased By ▲ 3.51 (1.94%)
PACE 12.22 Increased By ▲ 0.69 (5.98%)
PAEL 40.35 Increased By ▲ 0.94 (2.39%)
PIAHCLA 25.71 Increased By ▲ 0.08 (0.31%)
PIBTL 17.39 Increased By ▲ 0.24 (1.4%)
PPL 226.18 Increased By ▲ 1.36 (0.6%)
PRL 34.30 Increased By ▲ 0.12 (0.35%)
PTC 65.71 Increased By ▲ 0.63 (0.97%)
SEARL 90.64 Increased By ▲ 1.04 (1.16%)
SSGC 26.85 Increased By ▲ 0.54 (2.05%)
TELE 8.65 Increased By ▲ 0.27 (3.22%)
THCCL 69.95 Increased By ▲ 0.61 (0.88%)
TPLP 11.31 Increased By ▲ 1.03 (10.02%)
TREET 24.46 Increased By ▲ 0.26 (1.07%)
TRG 72.00 Increased By ▲ 2.46 (3.54%)
WAVES 11.64 Increased By ▲ 0.61 (5.53%)
WTL 1.29 Increased By ▲ 0.02 (1.57%)

KARACHI: Sheikh Ebrahim bin Khalifa Al-Khalifa Chairman of Meezan Bank, Pakistan’s first and largest Islamic Commercial Bank attributed Bank's 10 years success to blessings of Allah SWT and thanked staff members for their efforts in establishment and growth of Riba-free banking in the country.

He was addressing by telephone from Bahrain at 10th anniversary of Meezan Bank, which has 288 branches in 88 cities, becoming Pakistan’s 9th largest Commercial Bank in terms of branch network with comprehensive portfolio of Islamic financial products, services for consumer, corporate and investment banking.

Irfan Siddiqui, President & CEO Meezan Bank outlined broad growth strategy for next five years and said Islamic banking current share of 8% should grow to over 15% by year 2016 Insha’Allah. He said over past ten years, Islamic banking industry in Pakistan witnessed phenomenal growth.
Chairman Meezan Bank’s Shariah Supervisory Board Justice (R) Mufti Muhammad Taqi Usmani said bank done commendable job in developing wide range of products and extending its outreach to large portion of population through constantly expanding its branch network.

Copyright PPI (Pakistan Press International), 2012

Comments

Comments are closed for this article.