# Meezan Bank

> Source: https://docs.barcoder.ai/docs/wallets/meezan-bank
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Meezan — official](https://www.meezanbank.com/)

## 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** <sup>[1][1], [Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup>.

## 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)](https://docs.barcoder.ai/docs/wallets/habib-bank-pakistan) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + [UBL United Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/ubl-pakistan) (United Bank Limited UBL; PSX: UBL; one of Pakistan's largest commercial banks) + [MCB Bank Pakistan](https://docs.barcoder.ai/docs/wallets/mcb-pakistan) (MCB Bank; PSX: MCB; Pakistani commercial bank) + [Allied Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/allied-bank-pakistan) (Allied Bank Limited; PSX: ABL; Pakistani commercial bank) + [Askari Bank](https://docs.barcoder.ai/docs/wallets/askari-bank) (Askari Bank Limited; PSX: AKBL; Pakistani commercial bank) + [Bank Alfalah (Alfa App)](https://docs.barcoder.ai/docs/wallets/bank-alfalah) (Bank Alfalah; PSX: BAFL; Pakistani commercial bank) + [Faysal Bank](https://docs.barcoder.ai/docs/wallets/faysal-bank) (Faysal Bank; PSX: FABL; Pakistani Islamic bank) + [Easypaisa](https://docs.barcoder.ai/docs/wallets/easypaisa) (Easypaisa; Telenor Pakistan + Ant Group JV mobile money + bank) + [JazzCash](https://docs.barcoder.ai/docs/wallets/jazzcash) (JazzCash; Mobilink/VEON Pakistani mobile money) + [Raast P2M QR](https://docs.barcoder.ai/docs/standards/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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.meezanbank.com/ "Meezan — official"
[2]: https://en.wikipedia.org/wiki/Meezan_Bank "Meezan — Wikipedia"
[pk-cro]: https://docs.barcoder.ai/docs/payments/PK

- [1] [Meezan — official][1]
- [2] [Meezan — Wikipedia][2]
- <sup>[Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup> In-corpus: `reports/countries/PK-pakistan.md`

## Source

Biography extracted from [meezan-bank.md](https://docs.barcoder.ai/source/wallets/meezan-bank). See `matrix.md` for standards-support matrix if present.