Meezan Bank Appoints Masood Muhammad Khan as Chief Compliance Officer
Meezan Bank has appointed Masood Muhammad Khan as its new Chief Compliance Officer, highlighting his leadership in governance and commitment to strengthening compliance standards in Islamic banking.
NIBAF Advances Shariah-Compliant Finance with Islamic Banking Professional Development Program in Lahore
NIBAF Pakistan hosted a five-day Islamic Banking Professional Development Program in Lahore, training officers from multiple financial institutions on advanced concepts and practices in Shariah-compliant banking and finance.
Meezan Bank Achieves Rs 3 Trillion Deposits with Strong Digital and Branch Growth
Meezan Bank surpassed Rs 3 trillion in deposits by June 2025, supported by digital banking growth, CASA strength, Sukuk investments, and expanding customer accounts. The Bank reported Rs 46.2 billion profit after tax with strong asset quality.
NIBAF Concludes Islamic Banking Certificate Course to Strengthen Shariah Finance Expertise
NIBAF Pakistan successfully organized its Islamic Banking Certificate Course (IBCC-73 – Module 2) in Karachi, training SBP and commercial bank officers on Shariah-compliant practices to strengthen the Islamic finance sector.
BankIslami Sees Profit Drop by 37% in Half-Year FY25 as Expenses Surge
BankIslami Pakistan Limited’s profit after tax fell 37% in the half year ended June 30, 2025, to Rs4.41 billion due to rising expenses and lower income. While fee, dividend, and securities income grew strongly, surging operating costs weighed heavily on overall profitability.
Meezan Bank Hosts PayPak Hope Engagement Session at Mardan Branch
Meezan Bank Limited hosted a PayPak Hope Engagement Activity at its Mardan Branch, aiming to promote awareness of Pakistan’s local payment card scheme, support financial inclusion, and encourage adoption of secure digital banking practices.
aik by BankIslami Launches 14% Azadi Cashback Campaign for Independence Day
aik by BankIslami celebrates Pakistan’s 78th Independence Day with a limited-time 14% cashback campaign on all debit card and QR code transactions, reinforcing its commitment to Riba-free digital banking in the country.
MCB Bank Earns Rs. 27.31 Billion Profit in H1 2025, Declares 180% Dividend
MCB Bank posts Rs. 27.31 billion profit for H1 2025 with strong remittance inflows, stable asset quality, and focus on digital banking. Announces total 180% cash dividend for shareholders.
NIBAF Concludes Islamic Banking Professional Development Program IBPD-20 in Lahore
NIBAF Pakistan successfully hosted a five-day Islamic Banking Professional Development Program (IBPD-20) at its Lahore campus, training commercial bank officers in Shariah-compliant finance with insights from leading Islamic finance scholars and industry experts.
Meezan Bank Projects Rs448.3/Share Target by 2026 Amid Robust Deposit Growth and Regulatory Resilience
Meezan Bank is projected to hit Rs448.3/share by June 2026, backed by strong deposit growth, cost efficiency, and regulatory resilience. Arif Habib Limited reaffirms a ‘Buy’ rating, citing robust fundamentals and sector-leading performance.