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Tag: Meezan Bank

Meezan Bank Limited

Meezan Bank profit slightly declines in Q1 2026 as costs rise

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Meezan Bank Limited, Pakistan’s largest Islamic bank, reported a marginal decline in profit for the first quarter of calendar year 2026, as higher operating expenses weighed on earnings despite growth in total income.

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Meezan Bank Limited

Meezan Bank launches Rs10 million seed fund to support startups

January 21, 2026January 21, 2026Hamza Shahnawaz

Karachi, January 21, 2026 – Meezan Bank has announced the allocation of a Rs10 million seed fund to provide venture-capital-style financing for startups recommended by the Korangi Association of Trade and Industry (KATI).

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Meezan Bank Limited

Meezan Bank Reports 11% Decline in Profit for Third Quarter CY25

October 24, 2025October 24, 2025Faisal Shahnawaz

Karachi, October 24, 2025 – Meezan Bank Limited (MEBL), Pakistan’s largest Islamic bank, announced an 11% drop in consolidated profit after tax (PAT) for the third quarter ended September 30, 2025, according to a financial statement submitted to the Pakistan Stock Exchange (PSX) on Friday.

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Meezan Bank Limited

Meezan Bank Reports 11% Decline in Profit for Q1 CY2025

April 21, 2025April 21, 2025Shahnawaz Akhter

Karachi, April 21, 2025 – Meezan Bank Limited has reported an 11% drop in its profit after tax for the first quarter of the calendar year 2025, compared to the same period in 2024.

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Meezan Bank Limited

Meezan Bank Achieves 20% Annual Profit Growth for 2024

February 13, 2025February 13, 2025Shahnawaz Akhter

Karachi, February 13, 2025 – Meezan Bank Limited has reported an impressive 20% increase in its annual profit after tax for the fiscal year ending December 31, 2024.

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Meezan Bank Limited

Meezan Bank Denies Reports of Data Breach

December 20, 2024December 20, 2024Shahnawaz Akhter

Karachi, December 19, 2024 – Meezan Bank has categorically denied recent reports alleging a data breach in its banking system, reassuring customers of the safety and security of their information.

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Meezan Bank Limited

Meezan Bank Commences Exchange Company Operations

May 27, 2024May 27, 2024Faisal Shahnawaz

Karachi, May 27, 2024 – Meezan Bank, Pakistan’s leading Islamic bank, has officially commenced operations of its wholly-owned subsidiary, Meezan Exchange Company Limited (MECL), in Karachi.

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Meezan Bank Limited

Meezan Bank and Roche Pakistan Partner Against Breast Cancer

May 10, 2024May 10, 2024Faisal Shahnawaz

Karachi, May 9, 2024 – Meezan Bank, Pakistan’s leading Islamic financial institution, has announced a landmark partnership with Roche Pakistan, a subsidiary of the global biotechnology giant, to combat breast cancer, a leading health challenge in the country.

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Meezan Bank Limited

Meezan Bank and PMN Collaborate to Boost Financial Services

March 7, 2024March 7, 2024Faisal Shahnawaz

Karachi, March 7, 2024 – In a move aimed at promoting financial inclusion and Shariah-compliant services, Meezan Bank has officially entered into a Memorandum of Understanding (MoU) with the Pakistan Microfinance Network (PMN), the national association for retail players in the microfinance industry.

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Meezan Bank Limited

Meezan Bank Achieves Record-breaking Quarterly Profit in 4Q2023

February 16, 2024February 16, 2024Faisal Shahnawaz

KARACHI, February 16, 2024 – Meezan Bank (MEBL) has set a new milestone by announcing its highest-ever quarterly earnings, reporting a robust profit of Rs 26.4 billion, with Earnings Per Share (EPS) standing at Rs 14.8.

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