Meezan Bank holds its 63rd Shariah Board Meeting

Risk Associates Meezan Bank

The 63rd meeting of Meezan Bank Shariah Board held at Darul Uloom, Karachi under the Chairmanship of Justice (Retd.) Muhammad Taqi Usmani, along with other members of the Shariah Board, Dr. Muhammad Imran Ashraf Usmani, Sheikh Esam Mohamed Ishaq and Mufti Muhammad Naveed Alam (Resident Shariah Board Member).

Meezan Bank’s Founding President and CEO, Mr. Irfan Siddiqui, and the Deputy CEOs, Mr. Ariful Islam and Syed Amir Ali, along with the Senior Management, were also present at the meeting.

Read More: Meezan Bank acts as Joint Financial Advisor for the Historic Ijarah Sukuk Issuance for Government of Pakistan

In the meeting, SSB provided guidance on various Shariah structures for the issuance of Sovereign Government of Pakistan Sukuk, which would aid in the effort to align the economy with Islamic principles.

Meezan Bank Shariah Board also reviewed various policies and procedures of the Bank and expressed satisfaction with the diverse training sessions and Shariah review activities conducted within the Bank.

The Shariah Board expressed satisfaction with the Bank’s meticulous adherence to Islamic principles, reinforcing its commitment to pioneering Islamic banking and ensuring that financial solutions align with Shariah guidelines.

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