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

    Bukhari Travel & Tourism Services and Saudi Tourism Authority Hosted Successful Roadshow

    In a Landmark collaboration to strengthen tourism ties between the Islamic Republic of Pakistan and the Kingdom of Saudi Arabia, Bukhari Travel & Tourism...

    Driving Digital Transformation: CDC Integrates RAAST Aggregator with AKD Securities

    The Central Depository Company of Pakistan (CDC) has onboarded AKD Securities Limited to its RAAST Aggregator Platform, enabling investors to transfer funds instantly and...

    ABHI Partners with Fast Cables to Provide Earned Wage Access, Empowering Employees with Financial Flexibility

    In a landmark move towards employee financial empowerment, ABHI, a neobank of the future, has partnered with FAST Cables, one of Pakistan’s leading manufacturers...

    New study by AKU reveals one in four children in Karachi at high risk of developmental delays

    A new study by the Aga Khan University has found that one in four children aged 3 to 8 attending public schools in...

    Related articles