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Meezan Bank information


Meezan Bank Private Limited
Company typePublic Limited
Traded as
PSX: MEBL
IndustryIslamic banking
Founded27 January 1997; 27 years ago (1997-01-27)
HeadquartersKarachi-75700, Pakistan
Number of locations
1,004[1] (2023)
Key people
  • Riyadh S. A. A. Edrees (Chairman)
  • Irfan Siddiqui (CEO)
ProductsLoans, debit cards, savings, consumer banking, business Banking, premium Banking
RevenueIncrease Rs. 250.46 billion (US$870 million)[1] (2023)
Operating income
Increase Rs. 172.06 billion (US$600 million)[1] (2023)
Net income
Increase Rs. 86.02 billion (US$300 million)[1] (2023)
Total assetsIncrease Rs. 3.01 trillion (US$10 billion)[1] (2023)
Total equityIncrease Rs. 188.46 billion (US$650 million)[1] (2023)
Number of employees
17,186[1] (2023)
ParentNoor Financial Investment Company (35.22%)

Pakistan Kuwait Investment Company (29.97%)

Islamic Development Bank (9.31%)
SubsidiariesAl Meezan Investments
Websitewww.meezanbank.com

Meezan Bank (Urdu: میزان بینک) is Pakistan's first Islamic bank, which began its operations in 2002 after obtaining the inaugural Islamic commercial banking license from the State Bank of Pakistan. The bank is based in Karachi, Pakistan, with its headquarters located at Meezan House. It has over 1000 branches.

  1. ^ a b c d e f g "Meezan Bank Annual Report 2023" (PDF). meezanbank.com. Retrieved 26 March 2024.

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