Wallets/meezan-bank
Meezan Bank
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Overview
Meezan Bank is PSX: MEBL + Pakistani Islamic bank + Noor Financial Investment Kuwaiti parent ~37%+ + Pakistan Kuwait Investment Company ~30%+ controlling + Pakistan's largest Islamic bank by assets + founded Aug 2002 as Pakistan's first Islamic commercial bank + ~4M+ Pakistani Meezan Bank customers 1, Pakistan report.
History
Aug 2002 — Meezan Bank founded as Pakistan's first Islamic commercial bank by Royal Decree by Pakistani government distinctive Pakistani Islamic banking heritage.
2014 — Meezan Mobile Banking app launch.
Ownership & operator
Operating entity: Meezan Bank (Pakistani Islamic bank; PSX: MEBL).
Major shareholders: Noor Financial Investment (Kuwaiti parent) ~37%+ controlling + Pakistan Kuwait Investment Company ~30%+ + Pakistani retail + institutional + foreign investors free float.
Regulators: SBP State Bank of Pakistan + DSN Shariah Supervisory Board.
Technical integration
Meezan Mobile Banking app (iOS + Android; ~4M+ Pakistani Meezan Bank customers) + meezanbank.com online + Meezan Bank branch network across Pakistan + Meezan Bank Visa + Mastercard cards; PK IBAN + Raast + Pak-QR + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).
Implementations & partners
Major Pakistani banking + Islamic banking + payments competitors: Habib Bank Limited (HBL) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + UBL United Bank Limited Pakistan (United Bank Limited UBL; PSX: UBL; one of Pakistan's largest commercial banks) + MCB Bank Pakistan (MCB Bank; PSX: MCB; Pakistani commercial bank) + Allied Bank Limited Pakistan (Allied Bank Limited; PSX: ABL; Pakistani commercial bank) + Askari Bank (Askari Bank Limited; PSX: AKBL; Pakistani commercial bank) + Bank Alfalah (Alfa App) (Bank Alfalah; PSX: BAFL; Pakistani commercial bank) + Faysal Bank (Faysal Bank; PSX: FABL; Pakistani Islamic bank) + Easypaisa (Easypaisa; Telenor Pakistan + Ant Group JV mobile money + bank) + JazzCash (JazzCash; Mobilink/VEON Pakistani mobile money) + Raast P2M QR (Raast Pakistan's national instant payment scheme).
Regulators: SBP State Bank of Pakistan + DSN Shariah Supervisory Board.
Status
Active, PSX:MEBL + Pakistani Islamic bank + Noor Financial Investment Kuwaiti parent ~37%+ + Pakistan Kuwait Investment Company ~30%+ controlling + Pakistan's largest Islamic bank by assets + founded Aug 2002 as Pakistan's first Islamic commercial bank + ~4M+ Pakistani Meezan Bank customers 1, 2.
Sources
- 1 Meezan — official
- 2 Meezan — Wikipedia
- Pakistan report In-corpus:
reports/countries/PK-pakistan.md
Source
Biography extracted from meezan-bank.md. See matrix.md for standards-support matrix if present.