Meezan Bank Presentation
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Transcript of Meezan Bank Presentation
Meezan Bank ltd is the first and largest Islamic bank in Pakistan. It is one of the fastest growing financial institutions of the country. The bank commenced operations in 2002 after being issued the first ever Islamic commercial banking license by the state bank of Pakistan.
Meezan Bank
“ ALLAH has permitted trade and forbidden riba.” ( Surah Al-BAQARAH,Verses 275)
Riba (interest)
Halal profit
Islamic Banking
ChairmanJustice (retd.) Muhammad taqi usmani
MembersDr. Abdul sattar Abu ghuddahSheikh essam M. IshaqDr. Muhammad Imran Usmani
Members of Shariah Board
Board of DirectorsChairman
Sheikh Ebrahim Bin Khalifa Al-Khalif
Vice ChairmanRiyadh S.A.A.Edress
President & CEOIrfan Siddiqui
Deputy CEOAriful Islam
Directors
Rana Ahmad HumayunSyeda Azra MujtabaMohammed Azzaroog RajabAlaa A. Al-SarawiMohammed Abdul AleemNoorur Rehman Abid
Establish Islamic banking as banking of first choice
Vision
To be a premier Islamic bank, offering a one-stop shop for innovative value-added products and services to our customers within the bounds of Shariah
Mission
Service Mission
Maintaining the balance between the needs of our shareholders, our customers, our staff and other stakeholders for the foundation of a fair society for the mankind.
Shariah-compliance Integrity Professionalism Innovation Service Excellence Social Responsibility
Core Values
Products and Services
Meezan Rupee Current AccountMeezan Rupee Saving AccountMeezan Bachat AccountKarobari Munafa AccountMeezan Business Plus AccountMeezan Kids Club AccountMeezan Teens Club AccountMeezan KafalahMeezan Labbaik
Foreign Currency Current AccountMonthly Mudarabah CertificateCertificates of Islamic InvestmentMeezan Amdan CertificateDollar Mudarabah CertificateCar IjarahEasy HomeLaptop EaseMeezan Roshni
Products of Meezan Bank
Online BankingMeezan Visa Debit CardMeezan Master Card or Titanium Debit CardMeezan Web PayMobile Banking App
Internet BankingSMS BankingSMS AlertsMeezan ATM NetworkMeezan Quick PayMeezan Premium Banking
Services of Meezan Bank
Analysis of Meezan Bank
Dec31, 2014 Dec31, 2014 Growth
Profit After Taxation RS 4.57 Billion RS 3.95 Billion 16%
Total Deposits RS 380 Billion RS 289 Billion 31.5%
Total Asset RS 437 Billion RS 329 Billion 33%
Share Capital RS 10.23 Billion RS 10.23 Billion -
Total Shareholders Equity RS 23.26 Billion RS 17.90 Billion 30%
Financial Analysis
SWOT Analysis
PEST analysis is a useful strategic tool for understanding market growth or decline, business position, potential and direction for operations. In analyzing the macro-environment, it is important to identify the factors that might in turn affect a number of vital variables that are likely to influence the organization’s supply and demand levels and its costs.
PEST Analysis
First customer of Islamic Insurance (Takaful) First Islamic bank to introduce 8 am to 8 pm banking at selected branches in Karachi Meezan Bank was awarded 'Best Islamic Bank in Pakistan' by Islamic Finance News of RED money Group. Best Islamic Bank in Pakistan' for consecutive 3 years 2012-2014 by ASIA MONEY MagazineBecome the 8th biggest banking network in Pakistan
Achievements
Total Assets PKR 437 BillionDeposits and other accounts PKR 380 BillionMarket Share in IFLS 35%Profit After Tax 4.57 BillionShare Capital PKR 10.027 BillionShareholders Equity PKR 23-26 BillionNo. of branches 432No. of cities of operation 117No. of Staff 7000+
Statement of Final Position2014
Conclusion
Any Query???