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

    Engro Fertilizers Launches Rahbar Helpline for Farmer Support and Complaints

    Engro Fertilizers Limited, one of the leading fertilizer manufacturers of Pakistan, has introduced the Rahbar Helpline to empower farmers by providing dedicated support and...

    Shilpa Shetty Shines as Special Guest at Sunny Gill Masih Entertainment’s Musical Award Show in New Jersey

    A musical award show was organized in the city of New Jersey by the famous event organizer Sunny Gill Masih Entertainment, in which Indian...

    Chinese photovoltaic company Tongwei announces launch of its products in Pakistan

    Tongwei, a Chinese photovoltaic company having global presence, Thursday announced the introduction of its innovative solar energy products in Pakistan at an event "Tongwei:...

    AAOIFI and Meezan Bank jointly hosted a public hearing session on the new AAOIFI Sukuk Standard

    The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank hosted a significant public hearing session on the draft Shariah Standard...

    Related articles