Meezan Bank, Pakistan's leading Islamic bank has officially commenced operations of Meezan Exchange Company Limited (MECL), its wholly-owned subsidiary in Karachi. MECL will offer remittance and forex services to all customers. As an initial step in its journey, MECL will expand to 10 outlets nationwide within the first month...
The graduation ceremony for the flagship Islamic Finance Talent development program – Meezan Justuju, was held today at the Institute of Business Administration (IBA) in Karachi. Chairman IBA CEIF (Centre of Excellence in Islamic Finance) and ex-Governor State Bank of Pakistan – Dr. Ishrat Hussain, graced the occasion as...
Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, has been recognized as the winner of the prestigious International Fertilizers Association (IFA) Green Leaf Award 2024 in the Nitrogen Category, for its exceptional performance in health, safety and environmental (HSE) practices. Presented every two years, the IFA Green Leaf Award is regarded...
Risk Associates, Pakistan’s leading PCI Qualified Security Assessor (QSA), has recently announced Meezan Bank’s certification with the PCI 3DS (Payment Card Industry Three Domain Secure) standard. This milestone positions Meezan Bank, the country’s Premier Islamic bank, as the first in Pakistan to attain such an accreditation. The certification ceremony was...
The Institute of Chartered Accountants of Pakistan (ICAP) has awarded Ziad Bin Wasim Chowdhrey for professional excellence as the finance leader. He was presented the Professional Excellence Awards in a graceful ceremony held at PC, Karachi, where 14 industry leaders were awarded in 5 categories. Nominees were evaluated on the basis...
On the occasion of Labor Day, ABHI and Soorty have released a documentary reflecting on transformative change and showcasing the impact of their collaboration on the lives of workers. From blue-collar workers to C-level executives, individuals from all walks of life have benefited from Earned Wage Access, experiencing financial...
Ghazanfar Azzam has decided to step down as the President and CEO of Mobilink Bank after 12 years of service. Under his leadership, Mobilink Bank has experienced remarkable growth and solidified its position as a leader in the Microfinance sector. He helped the Bank undergo rapid digital transformation to...
TPL Insurance, a leading provider of innovative insurance solutions, is proud to announce a strategic partnership with Regal Automobiles Industries Ltd. (RAIL), a renowned name in the automotive industry. The memorandum of understanding (MoU) signing ceremony solidifies the alliance between the two entities, paving the way for groundbreaking offerings...
International Packaging Films Limited intends to raise PKR 1.47 billion by issuing 70.1 million shares to the public representing 10.01% of its post-IPO paid-up capital at a Floor Price of PKR 21.00/share. The Book Building Dates are 8th & 9th May. The Company will utilize the proceeds raised from IPO...
Living up to its standing as a responsible corporate entity, Pakistan's leading digital microfinance bank, Mobilink Bank, carried out a nationwide plantation drive to help enhance the country's forest cover as well as mitigate the looming impacts of climate change. Mobilink Bank's teams from all 109 branches nationwide participated...