Meezan Bank is the first and largest Islamic commercial bank in Pakistan. It has over 550 branches across the country. The document provides details on Meezan Bank's vision, mission, history, leadership structure, products, and financial performance. It outlines the bank's deposit accounts, services, electronic banking options, consumer and business financing products. Charts show trends in deposits, deposits ratio, corporate assets from 2012-2015.
An presentation on Meezan bank Basic Information there products and services there history, Its board of directors it's PEST, SWOT and Financial Analysis of Year 2014 There Mission And Vision Statement there Core Values and there service Mission
An presentation on Meezan bank Basic Information there products and services there history, Its board of directors it's PEST, SWOT and Financial Analysis of Year 2014 There Mission And Vision Statement there Core Values and there service Mission
Presentation on Meezan Bank by shaista , Daniya & Minhal.
It was a great presentation which marked an outstanding comparing to other groups presentation.
All you need a thorough knowledge of the products stated in the slides and present them in brief in front of your audience. The financials are related to 2018 data and the latest UN-audited report of March 2019 which added a great significance to the overall presentation and a clear picture of the banking's operations over all.
MEEZAN BANK POWER POINT PRESENTATION BY YUMNA KAMAL .... & IT IS SO HELP FOR YOU ...
Education is the passport to the future, for tomorrow belongs to those who prepare for it today.” “Your attitude, not your aptitude, will determine your altitude.” “If you think education is expensive, try ignorance.”
Presentation on Meezan Bank by shaista , Daniya & Minhal.
It was a great presentation which marked an outstanding comparing to other groups presentation.
All you need a thorough knowledge of the products stated in the slides and present them in brief in front of your audience. The financials are related to 2018 data and the latest UN-audited report of March 2019 which added a great significance to the overall presentation and a clear picture of the banking's operations over all.
MEEZAN BANK POWER POINT PRESENTATION BY YUMNA KAMAL .... & IT IS SO HELP FOR YOU ...
Education is the passport to the future, for tomorrow belongs to those who prepare for it today.” “Your attitude, not your aptitude, will determine your altitude.” “If you think education is expensive, try ignorance.”
The basic information related to Meezan Premier Islamic Bank,
By: Mohib Haroon Momand
Discipline: BS Banking and Finance 7th Semester
Submitted to: Sir Qazi Sikandar Hayat
AlHuda Centre of Islamic Banking & Economics is going to organize “Two Days Specialized Training Workshop on Islamic Microfinance” planned to be held on 20th – 21st January, 2014 at Amman - Jordan.
http://www.alhudacibe.com/jordan2014/
Emergence of islamic Finance in Malaysia (2017) & Career in Islamic FinanceAmir Alfatakh
The Emergence of Islamic Finance, career opportunities in Islamic Finance, and what the industry is looking for (Career briefing to International Islamic University of Malaysia IIUM in April 2017)
Finca bank pakistan powerpoint presentaion Ishfaq Ahmed
Hi students just enjoy the Finca bank Pakistan power point presentation just download it and enjoy.
i have tried to describe totally about finca bank Pakistan.
Mission vision and financial analysis all are included.
EFFECTS OF MOTIVATION ON EMPLOYEE PERFORMANCE: A CASE STUDY OF PAKISTAN COMM...azhar901
The introduction of universal banking law has brought changes over the years, with it stiff competition in the banking industry. Commercial banks are no exception to the modern changes in ensuring staff motivation towards their organizational goals. The study seeks to assess the motivational packages available at Pakistan Commercial Bank and how it affects employee performance towards the Bank’s corporate objectives. The survey research design was used for the study. The study revealed that, management can make use of different strategies and policies to motivate employees in the banking environment. Employees are interested in enhanced salaries, fringed benefits, promotion, and car loans as motivating elements sufficient to push employees of the bank to give out their best. The research also revealed that the core duty of the bank is normally carried out by clericals who are more than the supervisors and as such motivational packages should be geared towards the clerical workers to ensure that they delight the customers. Promotion has been a worry to most staff; measures should be put in place by management to ensure that there is continuity in the promotion of staff to avoid low productivity in terms of deposit mobilization. The study revealed that if management withdrew motivational packages it will have serious repercussions on employees‟ performance. There was a positive relation between employee performance and corporate performance since employees were able to achieve the bank‟s performance indicators in terms of deposits, loan recovery, profitability and also ensuring the liquidity of the banks. The conduciveness of the office environment has first time impression on the customers and the welfare of the employees. Management can develop new theories such as equity, macllend theory, Abraham Maslow and Hertzberg two factors to ensure employees achieve work targets.
EFFECTS OF MOTIVATION ON EMPLOYEE PERFORMANCE: A CASE STUDY OF PAKISTAN COMM...azhar901
The introduction of universal banking law has brought changes over the years, with it stiff competition in the banking industry. Commercial banks are no exception to the modern changes in ensuring staff motivation towards their organizational goals. The study seeks to assess the motivational packages available at Pakistan Commercial Bank and how it affects employee performance towards the Bank’s corporate objectives. The survey research design was used for the study. The study revealed that, management can make use of different strategies and policies to motivate employees in the banking environment. Employees are interested in enhanced salaries, fringed benefits, promotion, and car loans as motivating elements sufficient to push employees of the bank to give out their best. The research also revealed that the core duty of the bank is normally carried out by clericals who are more than the supervisors and as such motivational packages should be geared towards the clerical workers to ensure that they delight the customers. Promotion has been a worry to most staff; measures should be put in place by management to ensure that there is continuity in the promotion of staff to avoid low productivity in terms of deposit mobilization. The study revealed that if management withdrew motivational packages it will have serious repercussions on employees‟ performance. There was a positive relation between employee performance and corporate performance since employees were able to achieve the bank‟s performance indicators in terms of deposits, loan recovery, profitability and also ensuring the liquidity of the banks. The conduciveness of the office environment has first time impression on the customers and the welfare of the employees. Management can develop new theories such as equity, macllend theory, Abraham Maslow and Hertzberg two factors to ensure employees achieve work targets
Personal loan and credit risk management at NBPazhar901
Banks today is highly complex organization offering multiple services through various departments, each staffed by specialists in making different kind of financial decisions. Banks today realize that all these management decisions are intimately linked to each other. In a well managed bank all of these management decisions must be coordinated across the whole bank to ensure that they do not clash with each other.
For the project I have selected topic “Personal loan and credit risk management” because of my personal interest in doing something in financial sector especially in the banking sector because banks today focus heavily on the managing risk, attempting to control the exposure to loss due to changes in the interest rate the inability or unwillingness of borrowers to repay their loans, changing currency prices and other risk laden factors. But effective management of risk requires careful coordination of decisions made on the asset side of a bank with the decision made on liabilities side. Thus bankers use different techniques of risk management that can be marshaled in a coordinative fashion to handle many risks.
In the project NBP was taken to make the focused area of the project clear. During the study the operations and activities to see how the guidelines are implemented and what its impacts are on the performance of the respective bank. In the end of project I found out some important findings for the readers and also have given some recommendation for the bank to improvement and betterment in the business.
In the new deregulation and liberal financial initiative is quite obvious that bank will have to be for more creative in responding to the challenges of a dynamic and competitive market place .it will have to develop skills and expertise to strike a balance between the prudent lending and a rapid portfolio which will be crucial in the new environment fund’s management equity, foreign currency and interest rate hedging, venture capital investment and mergers and acquisition technique.
It is highly encouraging to mention that due cognizance is being taken by the regulatory authority that is state bank of Pakistan and the financial institutions to improve the existing scenarios of the banking industry and individual bank, besides it is about time that the National Bank should perform outstanding through taking efficient and effective decisions about their business using different policies, techniques and methods for mitigating the risk and providing the highly derived services to the customers through this it will help the government for improving the performance of financial sector as well as economy of the country.
It is real need of economy of our country that each sector understanding their responsibilities and performs well through adopting attractive policies according to the needs of time
IMPACT OF ADVERTISING ON CUSTOMER PURCHASE BEHAVIOUR IN PHARMACEUTICALSazhar901
This study was conducted to develop a simple framework for finding out the impact of the different kinds of advertisement and promotional tools offered by pharmaceutical industry on the Consumer Purchase behavior and prescribing behavior of doctors. The trend towards self-medication is likely to grow as consumers are becoming familiar with OTC drugs, due to extensive advertising by companies. The present study intends to explore advertising effectiveness of OTC drugs and Prescription drugs amongst consumers and Doctors. Although there are different means of providing the consumers with drug information, advertising seems to be one of the best way and a powerful method of broadcasting information. The customer purchase behavior study in Pharmaceutical advertisement is based on the consumer purchase behavior because buying the medicine lies in the hand of customer (doctor) rather than final consumer (patient). So the customer (doctor) acts as an indirect consumer. Due to this there are two types of customers ear-marked in this study; one is doctor who is indirect consumer and the other one is patient who is direct consumer. The advertisement of Pharmaceutical was found to be persuasive. The study has given good insights for marketers and advertisers of drugs and suggests including elements in the advertisement that increase believability and trust of the advertisement. Results of factor analysis revealed the view that the overall mean score of all the 27 items of attitude towards prescription behavior was 2.96 and standard deviation 0.9091.This indicates that pharmaceutical advertisement makes an impact on doctor prescription behavior. Moreover the study also focused on whether the perception of physicians towards variouspromotional tools is different with respect to demographic variables. This research based on descriptive research or quantitative research. In this descriptive research Cross-Sectional study used to compare demographical variables with attitude of the respondent. Well-structured Questionnaires was developed for direct consumer and doctors to identify important variables influencing Pharmaceutical advertising effectiveness and purchase behavior towards medicine
History, advantage,disadvantage and type of print media azhar901
: Advertising holds a significant part in total revenue pie chart and continues to be the growth driver of the industry. Advertising industry is expected to exhibit higher growth rate owing to the macroeconomic environment. The print sectors share in the overall advertisement pie remains the higher than other forms of media. Having grown by 8.5 per cent in 2014, the print advertising revenue crossed INR176 billion. The advertising revenue have grown at CAGR of 8.8 percent. The advertisement revenues have continued to be the main source of revenues for the print industry, contributing 67 per cent to the industries revenue.
We are going to open our first farm in Pakistan so, first and foremost thing is that we will have to have good marketing because good marketing attracts good market
International business comprises all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundaries.
As companies are spending large amount of investment on the advertisement because they want to keep their product at the top of the customer’s mind. Advertisement has proven to be a successful tool for the communication but companies are still in the confusion that what kind of ingredients should be there and how do these advertisements will help to change the consumer buying behavior
Corporate social responsibility (CSR) promotes a vision of business accountability to a wide range of stakeholders, besides shareholders and investors. Key areas of concern are environmental protection and the wellbeing of employees, the community and civil society in general, both now and in the future.
Evaluation method for strategic investmentsazhar901
Typically, valuation has been conducted using traditional methods such as the discounted payback method (DPM) which uses discounted cash flows to determine the time it takes to recoup the original investment; the internal rate of return (IRR) which uses the condition of when the present value is equal to zero to yield the corresponding discount factor or IRR; and the profitability index (PI), also known as the benefit-cost ratio (BCR), which determines the ratio of discounted benefit cash flows to the project‟s costs. Perhaps the most widely used traditional valuation method is NPV (NPV). The NPV method takes expected future cash flows and discounts them to the current time period. Another valuation method known as decision tree analysis (DTA) uses NPV in its valuation, but also accounts for the details of events in a valuation period such a decisions that include cash flow scenarios. The DTA method determines the expected values of outcomes based on their probability of occurrence given that certain decisions are made over time.
An efficiently run human resources department can provide your organization with structure and the ability to meet business needs through managing your company's most valuable resources -- its employees. There are several HR disciplines, or areas, but HR practitioners in each discipline may perform more than one of the more than six essential functions. In small businesses without a dedicated HR department, it's possible to achieve the same level of efficiency and workforce management through outsourcing HR functions or joining a professional employer organization
Consumer Rights Commission of Pakistan (CRCP) is a rights-based civil initiative registered under the Trust Act, 1882. Established in 1998, CRCP is an independent, non-profit, and non-governmental organization. It largely works through local fund-raising and engaging volunteers. It is not supported by any industry or commercial sector. It is the first nationalconsumer organization in the country, which approaches the issue of consumer protection in comprehensive and holistic terms. Its vision and strategies have significant cross linkages with both market practices and issues of governance. CRPC is led by a highly qualified team of professionals and they have worked on the core issues of the consumers' community. The Commission plans to establish its chapters in all provinces to achieve its objectives and members of all walks of life will be included.
In State Bank of Pakistan, the head is called “Chairman” or “President” of the Bank. And after President there is Five Broad of Directors. SBP has Seven Departments which control the working of the Divisions, Wing, Section and Regional of the state bank of Pakistan.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
5. First and largest Islamic
commercial Bank of Pakistan
Headquartered in Meezan
House - Karachi, Pakistan
Incorporated on 27th February
1995
In 2002 State Bank of Pakistan
issued first-ever license for
Islamic commercial banking.
Introduction
6. 550 branches in
more than 125
cities of Pakistan
8th largest bank of
Pakistan (in terms
of branch network)
11th largest bank of
Pakistan (in term
of deposite)
7. Our vision
Establish Islamic banking as banking of first
choice to facilitate the implementation of an
equitable economic system, providing a
strong foundation for establishing a fair and
just society for mankind.
8. Our mission
To be a premier Islamic bank, offering a one-stop
shop for innovative value-added products and
services to our customers within the bounds of
Shariah, while optimizing the stakeholders value
through an organizational culture based on learning,
fairness, respect for individual enterprise and
performance.
9. History
1997 Al-Meezan Investment Bank is established with Islamic Banking. Mr. Irfan Siddiqui
appointed as first and founding CEO.
State Bank of Pakistan sets criteria for establishment of Islamic commercial banks in
private sector.
First Islamic banking license is issued to the Bank and it is renamed Meezan Bank.
Meezan Bank quickly establishes branches in all major cities of the country.
2001
2002
The State Bank establishes Islamic Banking Department by merging the
Islamic Economics Research Department with the Islamic Banking Division
of the Banking Policy Department.
2003
2004
10. History
2006 62 branches in 21 cities.
Meezan Bank introduced Tijarah financing to allow customers to raise funds for financing of
stocks of finished goods.
Meezan offer the Euro Savings Account and Meezan Pound Savings Account. Bank’s branch
network reached 222 branches in 63 cities across Pakistan.
The inauguration of the new Head office in Karachi. During the year, 53 more branches were
opened.
2008
2010
2011
Accounts and Term Deposit Receipts (TDRs) converted to Meezan Bank
accounts and Certificates of Islamic Investments
2014
12. Board of Directors
Mr. Riyadh (Chairman)
Mr. Faisal A.A.A. Al-Nassar
Mr. Bader H.A.M.A. AlRabiah
Mr. Rana Ahmed Humayun
Mr. Alaa A. Al-Sarawi
Mr. Syeda Azra Mujtaba
Mr. Muhammad Zarrug Rajab
Mr. Muhammad Abdul Aleem
Mr. Noor Rahman Abid
Mr. Talal S.A. Al-Shehab
14. President & CEO
Risk
management
Mr. Syed Tariq
Finance
Mr. Shabbir
Hamza
Human
Resources
Mr. Khalid
Zaman
Compliance
Mr.
Muhammad
Ismail
Company
secretary
Mr. Tanimul
Haq
Branch
Expansion
Mr. Munawar
Rizvi
Deputy CEO
Mr. Ariful Islam
15. Branch Network Business Segments
Commercial &
Agriculture
finance
Mr. Ijaz
Farooq
Treasury &
investment
Banking
Mr.
Abdullah
Ahmed
Corporate &
investment
Banking
Mr. Syed
Amir
Consumer
finance
Mr. Shoaib
Qureshi
Payment
Services
Mr. Aeshad
Majeed
Support
Operations
Mr. Zia ul
Hassan
Customer
Support
Mr. Raza
Information
Technology
Mr. Faizur
Rehman
Information
Security
Mr. Fahad
Azam
Deputy CEO
19. Current Account
Saving Account
Labbaik saving assan
Putting your money in a Riba-free account.
No restrictions on withdraw .
Minimum investment required to open an account is Rs. 1000/-
Riba-free Rupee Saving Account for every customer's need.
Give monthly returns along with a variety of free packaged.
Profit will be calculated on daily product basis and paid on monthly basis.
Save money for your spouse, children, parents and for HAJ AND UMRAH purpose.
Plan available for six month to twenty years.
Its non-chequing account and no visa debit card issue account
20. Business Plus
Teen club Account
Monthly balance of Rs. 100,000/- is maintained in account.
( Free cheque books, VISA Debt Card, SMS alerts, pay order, online banking and internet banking)
Plus Account can be opened by Individuals and businesses including Sole Proprietorships, Partnerships
and Limited Companies.
Meezan Teens Club Account is a Mudarabah- based relationship
You will be the Investor (Rab-ul-Maal).
Bank will be the Manager (Mudarib).
22. Free takafull coverage
Meezan labbaik
Ladies banking
Western union money transfer
Bank will provide Accidental Death and Permanent Disability.
Up to Rs 1 million to all account holders maintaining monthly balance of Rs. 10,000/- or more.
Labbaik Travel Aasaan is a completely Halal & Riba Free Travel Solution, ideal for you & your family
First bank in the country to introduce 'Ladies Banking‘.
Set Shariah principles for our female customers in a comfortable environment.
Now you can transfer money conveniently and in real-time to Pakistan within minutes.
Western Union service providers located in over 200 countries worldwide
23. 3) Electronic banking
Visa debit
card
Mobile
banking app
Sms alerts
Interbank
fund transfer
Atm
networks
24. Visa debit card
Mobile banking app
Sms alerts
With a Meezan Visa Debit Card, you have access to the money in your account.
There is no interest to pay, no bills & no late fees.
Now you can check balance of multiple account, View your last 8 transactions,
View details of your transactions, Pay Bills of Utility companies, Mobile
Phones, and Internet Service Providers with Meezan.
you will receive SMS alert whenever any of the following transactions
occur on your Current or Savings account.
25. Interbank fund transfer
Atm networks
Meezan Bank offers Inter Bank Funds Transfer (IBFT) facility
Meezan Bank offers a nation-wide network of ATMs located at its branches.
Simply you go to the ATM and withdraw cash anywhere, anytime.
27. 4) Consumer finance
Easy home
Car ijarah
1.
2.
Easy Home is a Shariah-compliant Home Finance facility.
Meezan Bank is committed to meet our customers’ needs in a truly Shariah-compliant manner
Provides car financing based on the principles of Ijarah and is free of the
element of interest.
28. 5) Business banking
Islamic agriculture banking
Investment banking
1.
2.
Meezan Bank is now offering Islamic Agricultural Financing Products to farmers.
In shot time the Investment Banking department has been able to develop
core expertise in arranging syndicated, structured and Project finance and
providing advice on mergers and acquisitions.
30. S
Shareholding structure
Noor Financial Investment Company, Kuwait
59.11%
Pakistan Kuwait Investment Company (Pvt.)
Limited 80.00%
Islamic Development Bank, Jeddah 90.32%
31. 2015 2014
Total income 22,250,138 17,651,189
OTHER EXPENSES
Administrative expenses 13,560,648 10,459,934
Other provisions 59,152 96,288
Other charges 4,067 49,433
Workers Welfare Fund 175,018 147,000
Total other expenses 13,798,885 10,752,655
PROFIT BEFORE TAXATION 8,451,253 6,898,534
Taxation 3,428,744 2,328,448
PROFIT AFTER TAXATION 5,022,509 4,570,086
Earnings per share 5.01 4.56
Profit and Loss Account
For the year ended December 31, 2015
32. Statement of Financial Position 2015 2014
Total ASSETS 531,849,934 437,510,268
Total LIABILITIES
Bills payable 6,560,324 5,619,826
Due to financial institutions 13,609,551 15,465,418
Deposits and other accounts 471,820,959 380,421,569
Deferred tax liabilities 393,121 -
Other liabilities 13,118,869 12,113,125
505,502,824 413,619,938
NET ASSETS 26,347,110 23,890,330
REPRESENTED BY
Share capital 10,027,379 10,027,379
Reserves 8,587,363 7,288,754
Unappropriated profit 6,942,042 5,958,587
25,556,784 23,274,720
Surplus on revaluation of investments - net of tax 790,326 615,610
CONTINGENCIES AND COMMITMENTS 26,347,110 23,890,330