More

    Meezan Bank holds its 63rd Shariah Board Meeting

    The 63rd meeting of Meezan Bank Shariah Board held at Darul Uloom, Karachi under the Chairmanship of Justice (Retd.) Muhammad Taqi Usmani, along with other members of the Shariah Board, Dr. Muhammad Imran Ashraf Usmani, Sheikh Esam Mohamed Ishaq and Mufti Muhammad Naveed Alam (Resident Shariah Board Member).

    Meezan Bank’s Founding President and CEO, Mr. Irfan Siddiqui, and the Deputy CEOs, Mr. Ariful Islam and Syed Amir Ali, along with the Senior Management, were also present at the meeting.

    In the meeting, SSB provided guidance on various Shariah structures for the issuance of Sovereign Government of Pakistan Sukuk, which would aid in the effort to align the economy with Islamic principles.

    Meezan Bank Shariah Board also reviewed various policies and procedures of the Bank and expressed satisfaction with the diverse training sessions and Shariah review activities conducted within the Bank.

    The Shariah Board expressed satisfaction with the Bank’s meticulous adherence to Islamic principles, reinforcing its commitment to pioneering Islamic banking and ensuring that financial solutions align with Shariah guidelines.

    Also Read:Google’s Gemini AI outperforms ChatGPT in almost every test.

    Latest articles

    AKU’s 10th Annual Surgical Conference Focuses on Innovations in Surgical Care and Patient Safety

    The Aga Khan University (AKU), Department of Surgery, proudly celebrated a milestone with its 10th Annual Surgical Conference, marking a decade of leadership and...

    InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade Finance Facility to Jaffer Business Systems (Private) Limited

    InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800m Trade Finance Facility by HABIBMETRO for Jaffer Business...

    Haaris Mahmood Chaudhary Appointed CEO of Mobilink Bank

    The Board of Mobilink Bank has announced the appointment of Haaris Mahmood Chaudhary as the new CEO of Mobilink Bank, marking a significant milestone...

    INGOs in Pakistan Face Shutdown Over Financial Irregularities

    Pakistan's Ministry of Interior has recently ordered the shutdown of operations for two major international non-governmental organizations (INGOs) sponsored by Bloomberg—Tobacco-Free Kids (CTFK) and...

    Related articles