Meezan Bank Limited Archives

Meezan Bank pays over Rs500 million in two years as SBP penalty

March 5, 2026March 5, 2026Shahnawaz Akhter

Karachi, March 5, 2026: Meezan Bank Limited, Pakistan’s largest Islamic bank, has paid over Rs500 million in penalties to the State Bank of Pakistan (SBP) during the last two years, according to its annual report for the year ended December 31, 2025, filed with the Pakistan Stock Exchange (PSX).

Meezan Bank profit slips 12% in 2025 amid sector pressures

February 9, 2026February 9, 2026Faisal Shahnawaz

KARACHI, February 9, 2026 — Meezan Bank Limited (MEBL) announced its annual financial results for the calendar year 2025, reporting a 12% decline in after-tax profit compared to the previous year. The bank posted an after-tax profit of Rs89 billion for CY25, down from Rs101.51 billion in CY24, according to figures shared with the Pakistan […]

Meezan Bank surpasses Rs 3 trillion as digital drive pays off

August 27, 2025August 27, 2025Shahnawaz Akhter

Karachi, August 27, 2025 – Meezan Bank Limited has achieved a major milestone by surpassing Rs 3 trillion in total deposits by the end of June 2025.

Meezan Bank reports 10% profit decline in 1HCY25

August 13, 2025August 13, 2025Shahnawaz Akhter

Karachi, August 13, 2025 – Meezan Bank Limited, the country’s largest Islamic bank, announced on Wednesday that its net profit for the first half of the calendar year 2025 (January–June) fell by 10%.

Meezan Bank Anticipates Victory in Complex HSBC Tax Dispute

October 28, 2024October 28, 2024Shahnawaz Akhter

Karachi, October 28, 2024 — Meezan Bank has expressed strong confidence in winning its ongoing tax dispute with the Federal Board of Revenue (FBR), which involves the disallowance of expenses tied to the now-defunct HSBC Bank Middle East – Pakistan Branch.

Meezan Bank Reports 34% Profit Growth in 9M CY24

October 21, 2024October 21, 2024Faisal Shahnawaz

Karachi, October 21, 2024 – Meezan Bank Limited has reported an impressive 34% year-on-year (YoY) growth in profit after tax for the nine-month period ending September 30, 2024.

Meezan Bank Reports Profit Growth of 64.46% in 1QCY24

April 18, 2024April 18, 2024Shahnawaz Akhter

Meezan Bank Limited, the largest Islamic bank in Pakistan, Thursday announced a staggering 64.46 percent surge in profit, reaching Rs 25.54 billion in the first quarter of calendar year 2024.

SBP Slaps Meezan Bank with Rs 82.74 Million Regulatory Penalty

February 2, 2024February 2, 2024Shahnawaz Akhter

Karachi, February 2, 2024 – The State Bank of Pakistan (SBP) has imposed a regulatory penalty of Rs 82.74 million on Meezan Bank Limited, citing violations of regulatory instructions for the quarters ended June 2023 and December 2023.

Meezan Bank and SMCL Pioneer Islamic Microfinance Services with ‘Yaqeen’ Launch

November 10, 2023November 10, 2023Faisal Shahnawaz

Karachi, November 10, 2023 – Meezan Bank, Pakistan’s leading Islamic bank, has entered into a groundbreaking collaboration with SAFCO Microfinance Company Private Limited (SMCL) to launch the country’s first Islamic microfinance branch, named ‘Yaqeen,’ in Hyderabad, Pakistan.

Meezan Bank Decides to Establish Exchange Company

September 15, 2023September 15, 2023Faisal Shahnawaz

Karachi, September 15, 2023 – Meezan Bank Limited, in a significant strategic move, has announced its intention to establish an Exchange Company.

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