Pak-Qatar Family Takaful & DIB Achieve Rs. 3 billion Mark in BancaTakaful business!

Karachi, April 11: Pak-Qatar Family Takaful has achieved yet another milestone by generating over Rs. 3 billion BancaTakaful business with its first partner Dubai Islamic Bank. The 9 year old business portfolio that commenced in October 2009 has now crossed PKR 3.05 Billion with 9,000 customers across Pakistan availing various BancaTakaful products via Dubai Islamic Bank.   Pak-Qatar Family Takaful, Dubai Islamic

Meezan Bank joins hands with Pirani Group of Companies for Financing Power & Super Power Bikes

Karachi, 9th April, 2018: Meezan Bank, Pakistan’s first and largest Islamic bank, has recently signed an agreement with Pirani Group of Companies, a trusted name in the manufacturing of two-wheeler and three-wheeler vehicles, auto parts, vans, minivans, trucks and tractors, to offer all variants of Power and Super Power bikes through Meezan Bike Ijarah, which

World Islamic Finance Forum (WIFF) 2018 to kick off on 19th March, 2018!

H.E Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman – AAOIFI Board of Trustees, would be the Chief Guest   Karachi, March 10: H.E Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman – AAOIFI Board of Trustees, would be the Chief Guest at World Islamic Finance Forum (WIFF) 2018, a unique conference being organized by CEIF-IBA in collaboration

Following Companies Act 2017 – CDC launches eDividend Repository

Karachi, March 06: Central Depository Company of Pakistan (CDC) has launched an eDividend Repository services to facilitate the process of eDividend. After the promulgation of the Companies Act 2017, it has become mandatory for all listed companies to process their dividends electronically. SECP recently introduced “The Companies (Distribution of Dividends) Regulations 2017” which spell out

Meezan Bank & IBA sign agreement for Fee Collection

Karachi, February 28, 2018:Meezan Bank, Pakistan’s first and largest Islamic bank recently signed a fee collection agreement with the Institute of Business Administration, Karachi (IBA). Under this agreement, the Bank will provide Payments & Cash Management servicesto IBAthrough the Bank’sstate-of-the-art web based electronic solution ‘eBiz+’. The agreement was signed by Mr. Ijaz Farooq, Group Head

Meezan Bank and IBA-University of the Punjab Sign MoU to launch MBA in SME Banking and Entrepreneurship

Karachi, 20th February, 2018: Meezan Bank and Institute of Business Administration – University of the Punjab (IBA-PU) have recently signed a Memorandum of Understanding for launching MBA in SME Banking & Entrepreneurship. The agreement aims to address the challenge of availability of qualified and trained human capital in these fields and also to bridge the

MCB Bank and SBP organize conference to create awareness of International Trade and settlement in Chinese Yuan

[Karachi: 22nd February 2018] MCB Bank, one of Pakistan’s largest & most innovative banks, organized a conference in collaboration with State Bank of Pakistan titled “Avenues and opportunities of International Trade and its settlement in CNY”. The conference was held at SBP premises in Karachi to update key stakeholders and MCB Bank customers on CNY

Soneri Bank Announces Profit Before Tax of Rs. 2,830.97 Million!

Soneri Bank’s Board of Directors sat in Karachi in the Chairmanship of Mr. Alauddin Feerasta on 20th February, 2018 to check the current status of the bank. In line of it, the directors gave approval of the financial statements for the last year ending, 31st December 2017. The bank’s profit before tax was Rs. 2,930.97

MCB Bank announces financial results for the year ended December 31, 2017

[Lahore: 16th February 2018] The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on February 15, 2018 to review the performance of the Bank and approve the financial statements for the year ended December 31, 2017. During the year 2017, the Bank completed merger of NIB Bank Limited

Meezan Bank announces good Results for the Year 2017

Karachi, February 15, 2018: The Board of Directors of Meezan Bank Limited in its meeting, held at Karachi on February 14, 2018 approved the audited unconsolidated and consolidated financial statements for the year ended on December 31, 2017. The meeting was presided by Mr. Riyadh S.A. A. Edrees – Chairman of the Board, Mr. Faisal