Assignment on

Financial Regulatory institutions

"Meezan

Bank"

Submitted to Submitted by
Roll No. Session Class

: :

Mr. Farasat Ali

Mohsin Ali

MAF-10-45 2010-2012 MSC A&F (4TH Semester)

Department of Commerce, Bahauddin Zakariya University, Multan.

Our Brand
Meezan Bank - The Premier Islamic Bank

Meezan Bank Limited, a publicly listed company, is the first and largest Islamic Bank in Pakistan and one of the fastest growing banks in the history of the banking sector of the Country. Having the largest branch network and product range, Meezan Bank bears the critical responsibility of leading the way forward in establishing a stable and dynamic Islamic banking system replete with dynamic and cutting-edge products and services. Meezan Bank aims to fulfil its prime objective of providing customers accessibility and convenience, within an atmosphere and culture of dedicated service and recognition of their needs.

Meezan Bank has developed an extraordinary research and development capability by combining investment bankers, commercial bankers, Shariah scholars and legal experts to develop innovative, viable, and competitive value propositions that not only meet the requirements of todays complex financial world, but do so with world-class service excellence which our customers demand; all within the bounds of Shariah.

Vision & Mission

Our Vision

Establish Islamic banking as banking of first choice to facilitate the implementation of an equitable economic system, providing a strong foundation for establishing a fair and just society for mankind.

Our Mission

To

be

premier

Islamic

bank,

offering

one-stop

shop

for

innovative

value-added products and services to our customers within the bounds of Shariah, while optimizing the stakeholders value through an organizational culture based on learning, fairness, respect for individual enterprise and performance.

Our Service Mission

To develop a committed service culture which ensures the consistent delivery of our products and services within the highest quality service parameters, promoting Islamic values and ensuring recognition and a quality banking experience to our customers.

Board of Directors
Members of the Board

The Board of Directors of Meezan Bank comprises of:

H. E. Sheikh Ebrahim Bin Khalifa Al-Khalifa (Chairman) Abdullateef A. Al-Asfour Rana Ahmed Humayun Mohammed Azzaroog Rajab Ahmed Abdul Rahim Mohamed Alaa A. Al-Sarawi Mian Muhammad Younis Mohammad Abdul Aleem Irfan Siddiqui (President & CEO) Ariful Islam (Chief Operating Officer)

Shariah Supervisory Board

Shariah Strength

Successful implementation of the Islamic Banking model rests upon absolute adherence to the principles of Islamic Shariah. The foundations of a strong Shariah underpinning at Meezan Bank were laid from the beginning. A world-renowned Shariah Supervisory Board and a highly qualified and experienced in house Shariah Advisor are fundamental aspects of the Bank's core USP. The primary role of this Board is to maintain and further strengthen this commitment and to ensure strict Shariah-compliance in all areas of the Bank's operations.

Members of the Shariah Supervisory Board of Meezan Bank are Internationally-renowned scholars, serving on the boards of many Islamic banks operating in different countries.

Members of the Board

Justice (Retd.) Muhammad Taqi Usmani (Chairman) Dr. Abdul Sattar Abu Ghuddah

Sheikh Essam M. Ishaq Dr. Muhammad Imran Ashraf Usmani (Shariah Advisor)

Chairman Board Members Advisor

Justice (Retd.) Muhammad Taqi Usmani (Chairman)

Justice (Retd.) Muhammad Taqi Usmani is a renowned figure in the field of Shariah, particularly in Islamic Finance. He currently holds advisory positions in a number of financial institutions practicing Islamic Banking and Finance.

Justice (Retd.) Muhammad Taqi Usmani has vast experience in Islamic Shariah, teaching various subjects on Islam for 39 years. He has served as a Judge in the Shariat Appellate Bench, Supreme Court of Pakistan from 1982 to 2002. He is also the Editor of the magazine Albalagh (a weekly publication of Jamia Darul Uloom, Karachi) as well as an active contributor of articles in leading Pakistani newspapers.

Justice (Retd.) Muhammad Taqi Usmani graduated from Punjab University, Pakistan in 1970 and also holds an LLB from Karachi University, Pakistan. Prior to these, he completed the Takhassus course, which is the specialization course of Islamic Fiqh and Fatwa (Islamic Jurisprudence) from Jamia Darul Uloom Karachi, Pakistan.

In March 2004, His Highness Sheikh Mohammad Bin Rashid Al Maktoum (Dubai Crown Prince and UAE Minister of Defense) presented a special award to Justice (Retd.) Muhammad Taqi Usmani in recognition of his lifetime service and achievement in Islamic Finance at the occasion of International Islamic Finance Forum, Dubai, which is one of the biggest events in the Islamic Finance Industry.

Current Board Memberships:

Chairman Shariah Board, Central Bank of Bahrain Chairman Shariah Board, Abu Dhabi Islamic Bank, U.A.E. Chairman Shariah Board, Meezan Bank Ltd., Karachi, Pakistan Chairman Shariah Board, Dubai Bank, Dubai Chairman Shariah Board, International Islamic Rating Agency, Bahrain Chairman Shariah Board, Swiss Re-Takaful, Switzerland Chairman Shariah Board, Pak-Kuwait Takaful, Karachi Chairman Shariah Board, Pak-Qatar Takaful, Karachi Chairman Shariah Board, BankIslami Pakistan, Karachi Chairman Shariah Board, JS Investments Islamic Fund, Karachi Chairman Shariah Board, JS Islamic Pension Savings Fund Chairman Shariah Board, Arif Habib Investments Pakistan International Element Islamic Fund, Karachi Member Shariah Board, Arcapita Bank, Bahrain Member Shariah Board, Islamic Corporation for the Development of the Private Sector (ICD), an organ of IDB Jeddah Member Shariah Board, Guidance Financial Group, USA

Branch Network
Over 270 Branches in over 70 Cities

Alhaalhummdulillah, Meezan Bank has established over 270 branches in over 80 cities across Pakistan. This is a milestone that is not only the success story of Meezan Bank but also the continuing success story of Islamic banking in Pakistan. With this extensive network, our existing and potential customers are now closer than ever in benefiting from Islamic Banking at their doorstep. All branches provide real-time online banking facilities to customers.

As the first and largest dedicated Islamic bank in Pakistan, Meezan Bank team continues to build on its Vision of establishing "Islamic Banking as Banking of First Choice". One of the key objectives of the Bank is to have its footprint strategically placed throughout the country enabling the public to avail the benefits of Shariah-compliant Banking in their neighbourhood.

The Bank is currently segmented into three major regions of Pakistan. The cities in which the Bank presently operates are as follows:

Southern Region Hub (Lasbela) Hyderabad Karachi Mirpurkhas Moro Muslim Bagh Nawabshah Quetta Sakrand Sanghar Shahdadpur Sukkur Tando Adam Tando-Allah-Yar

Central Region Ahmedpur East Arifwala Bahawalnagar Bahawalpur Burewala Chichawatni Chiniot Chishtian Daska Dera Ghazi Khan Faisalabad Gojra Gujranwala Gujrat Hafizabad Haroonabad Hasilpur Jampur Jhang Kabirwala

Northern Region Abbottabad Attock Chakwal Charsadda Dadyal Dera Ismail Khan Dina Gujar Khan Haripur Havelian Islamabad Jhelum Kohat Mansehra Mardan Mirpur Muzaffarabad Nowshera Peshawar Rawalpindi

Kasur Khanewal Khanpur Kharian Khushab Lahore Lalamusa Lodhran Mandi Bahauddin Mian Channu Mianwali Multan Muzaffarghar Okara Pattoki Pir Mahal Rahim Yar Khan Sadiqabad Sahiwal Sargodha Sheikhupura Sialkot Toba Tek Singh Vehari Wazirabad

Swat Swabi Timergara Wah Cantt.

Products:

Deposit Accounts
A large range of Riba-free Deposit Accounts
Meezan Bank offers the largest range of Riba-free Deposit Accounts for Personal Banking

Local Currency Accounts

Rupee Current Account - A Convenient, Secure and Stable Deposit Account Rupee Savings Account - Ensuring Truly Halal Savings with Comprehensive Returns Meezan Bachat Account - The convenience of a Saving Account with Halal Profit Labbaik Saving Aasaan - A specialized Saving Account designed to save for Umrah & Hajj Business Plus Account - Serving you the perfect blend of convenience and flexibility

Foreign Currency Accounts

Dollar Saving Account - A Truly Halal Dollar Saving Account Euro Saving Account - A Truly Halal Euro Saving Account Pound Saving Account - A Truly Halal Pound Saving Account

Rupee Current Account

Convenient, Secure and Stable

Meezan Current Account is a Rupee-based current account that provides you the convenience of putting your money in a Riba-free account and accessing it without any restrictions on withdrawal while enjoying a host of professional conveniences from Meezan Bank.

Meezan Current Account is based on Qard contract where the Bank is liable to pay your money back on demand. The Bank can use these funds for investment and other purposes. This account allows you the peace of mind of having your money safely deposited with a bank with the additional assurance that the Bank is not investing your money in activities that contravene Shariah principles.

Meezan Current Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.

Key Features
Minimum investment required to open an account is Rs. 1000/No restriction on withdrawals or number of transactions No deduction on low balance maintained

Labbaik Saving Aasaan

A Holy Journey with Comfort & Convenience

Meezan Labbaik Saving Aasaan is an ideal deposit product for you if you are an individual saver and wish to save for your spouse, children, parents, etc. You can take benefit from this special Mudarabah based Deposit account (available in six months to twenty years plan) for Umrah & Hajj where you will also be entitled for profit on the deposited amount, thus providing Customers a bigger incentive to save for Umrah/Hajj through Meezan Labbaik Saving Aasaan.

On agreeing to become a Labbaik Saving Aasaan Account holder, you will enter into the relationship of Mudarabah with the Bank. Under this relationship, you will be the Investor (or Rab-ul- Maal) and the Bank will be the Manager (or Mudarib) of the funds deposited by you in the Deposit pool. These funds will be utilized by the Bank to provide financing to customers under Islamic modes of financing, including but not limited to Murabaha, Ijarah, Istisna and Diminishing Musharakah.

Meezan Labbaik Saving Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.

Key Features
Meezan Labbaik Savings Aasaan provides a number of features including:

Available for individuals, where customers can open a single / joint account with family members Labbaik Saving Plan is available for six (06) months to twenty (20) years Labbaik Saving Account is a Pak Rupee account It will be a Recurring Deposit Account, where customers will deposit monthly contribution as per the deposit schedule plan Labbaik Saving Account is a non-chequing account, where no cheque book or VISA Debit Card will be issued Apart from regular monthly deposit contribution customers can deposit additional amounts in order to complete the deposit amount and make the desired journey earlier than initially scheduled After completion of the desired deposit amount, customers will have a right to travel with Meezan Bank or redeem his funds to go with an alternate company or utilize the funds for alternate purposes No pre-mature withdrawal schedule will be applied Customers may redeem 50% of the contribution as per defined procedure, one-time in the entire deposit tenure

Rupee Saving Account

Ensuring Truly Halal Savings with Competitive Returns

The Riba-free Rupee Saving Account is a basic banking account for every customer's need. The account provides expected monthly returns along with a variety of free packaged benefits.

On agreeing to become a Rupee Saving Account holder, the customer enters into a relationship based onMudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharkah.

Meezan Rupee Saving Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.

Key Features

There is no minimum investment required to open an account Profit will be calculated on daily product basis Profit will be paid on monthly basis No restriction on withdrawals or number of transactions Cheque books Globally accepted Meezan VISA Debit Card Free Online Banking services at our branch network nationwide Free Internet Banking facility Free bank balance certificates Access to priority desk Issuance of duplicate statement of account

Dollar Saving Account

A Truly Halal Dollar Saving Account

The Riba-free Dollar Savings Account is a Mudarabah-based savings account that you can open and operate using US Dollars and is therefore an excellent business tool for both individuals and corporate clients for meeting their business needs and for diversifying their investment in different foreign currencies to safeguard against currency fluctuations.

The Meezan Dollar Saving Account can be opened by individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.

Dollar Savings Account works on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool; funds in the pool are invested under Islamic modes of finance that include but are not restricted to Murabaha, Sukuk and Ijarah.

Open a Dollar Savings Account!

Key Features
Enjoy a range of accessible features including:

Minimum investment required to open an account is $100 There is no deduction of service charges if the balance maintained is low You will have instant access to your account through free Internet Banking Profit will be paid a on monthly basis Profit will be calculated on daily product basis, which ensures that you are getting a return on your investment all the time

Foreign Remittances

Meezan Euro Savings Account

A Truly Halal Euro Saving Account

The Riba-free Euro Saving Account is a Mudarabah-based savings account that you can open and operate using Euros and is therefore an excellent business tool for individuals and corporate clients both for meeting their business needs and for diversifying their investment in different foreign currencies to safeguard against currency fluctuations

On agreeing to become a Meezan Euro Savings Account holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool. These funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharkah.

Meezan Euro Saving Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.

Product Features
Minimum deposit required to open an account is 100 Routine withdrawals up to 500 per day allowed without prior intimation (subject to availability) Withdrawals of above 500 needs 1 day prior notice No deduction of service charges if the balance maintained is low You will have instant access to your account through free Internet Banking Profit will be paid on monthly basis Profit will be calculated on a daily product basis, which ensures that you are getting a return on your investment all the time Foreign Remittances

Meezan Pound Savings Account

A Truly Halal Pound Saving Account

The Riba-free Pound Saving Account is a Mudarabah-based savings account that you can open and operate using UK Pounds and is therefore an excellent business tool for individuals and corporate clients both for meeting their business needs and for diversifying their investment in different foreign currencies to safeguard against currency fluctuations

Meezan Pound Saving Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.

On agreeing to become a Meezan Pound Saving account holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool. These funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharkah.

Product Features
Minimum deposit required to open an account is 100 Routine withdrawals up to 500 per day allowed without prior intimation (subject to availability) Withdrawals of above 500 needs 1 day prior notice No deduction of service charges if the balance maintained is low You will have instant access to your account through free Internet Banking Profit will be paid on monthly basis Profit will be calculated on a daily product basis, which ensures that you are getting a return on your investment all the time Foreign Remittances

Meezan Bachat Account

The convenience of a Saving Account with Halal Profit

Meezan Bachat Account is a unique saving account that provides high expected monthly returns with the flexibility to withdraw savings if needed. Meezan Bachat Account offers a higher expected rate of return with nearly the same convenience and service of a regular savings account.

Meezan Bachat Account can be opened by Salaried or Self-employed, Housewives and Retired individuals.

On agreeing to become a Meezan Bachat Account holder, the customer enters into a relationship based onMudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharkah.

Key Features
Minimum investment required to open an account is Rs. 25,000/Maximum balance limit for getting a higher profit weightage is Rs. 1,000,000/Profit will be calculated on the minimum monthly balance maintained during a month Profit payment is made to your Meezan Bank account on a monthly basis. Waiver of application fee for Car Ijarah & Easy Home for accounts with minimum balance of Rs. 500,000

Meezan Business Plus

Serving you the perfect blend of convenience and flexibility

Meezan Business Plus is a Mudaraba-based account that allows you to conduct your banking transactions while availing a wide range of free services and therefore provides you the ideal blend of convenience & flexibility that you deserve in Islamic banking.

Meezan Business Plus Account can be opened by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.

On agreeing to become a Meezan Business Plus Account holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool. These funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharkah.

Key Features
Minimum investment required to open an account is Rs. 100,000/There is no restriction on withdrawals or numbers of transactions There is no deduction of service charges if the balance maintained is low You will have instant access to your account both through Internet Banking and through Online Banking at all branches of Meezan Bank across Pakistan The following facilities will be provided free of charge* if an average monthly balance of Rs. 100,000/-is maintained in the account Free Cheque books Free Pay Orders Free VISA Debit Card Free Account Statements Free Online Banking Free Internet Banking Free Hold Mail Facility Free SMS Alert services Free intercity clearing

Term Certificates
Riba-free Term Deposit Certificates

Meezan Bank provides a complete range of short term and long term deposit certificates with the flexibility of monthly, quarterly, semi-annual and annual returns

Certificate of Islamic Investment - Offering a range of investment tenures from 3months to 5 years Meezan Amdan Certificate - A long-term investment with a monthly high expected return Monthly Mudarabah Certificate - A short-term investment certificate designed to provide regular monthly returns Dollar Mudarabah Certificate - An investment certificate to invest US Dollars and earn semi-annual or profit at maturity

The Certificate of Islamic Investment (COII) is a Mudarabah-based deposit product through which you can invest your savings for periods ranging from 3 months to 5 years and earn Halal profit on a periodic basis.

The Certificates of Islamic Investment is an ideal investment for Individuals, Sole Proprietorships, Partnerships and Limited Companies

Invest in Certificate of Islamic Investment!

Visit any of Meezan Banks branches, fill-in the Application Form and complete a few simple formalities required for investing in Meezan Certificate of Islamic Investment. This is all you need to do to enjoy our personalized banking services.

Key Features
Enjoy a range of valuable features including:

Investment can be made for 3 months, 6 months, 1 year, 2 years, 3 years and 5 years Profit payment options are monthly, quarterly or at maturity Minimum investment required for quarterly and on-maturity payment is Rs. 50,000/ Minimum investment required for monthly profit payment is Rs. 200,000/ Pre-mature withdrawal can be made as per approved schedule

Meezan Amdan Certificate

Ensuring Riba Free Long Term Investments with Halal Monthly Returns

Meezan Amdan Certificate is a Mudarabah-based long-term deposit product that offers a high expected return to investors and is ideal for those individuals and corporate clients who need a regular stream of monthly income.

Meezan Amdan Certificates work on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharakah.

The Meezan Amdan Certificate is available for Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.

Invest in Meezan Amdan Certificate!

Visit any of Meezan Banks branches, fill-in the Application Form and complete a few simple formalities required for investing in Meezan Amdan Certificates. This is all you need to do to enjoy our personalized banking services.

Key Features
Enjoy a range of valuable features including:

Minimum investment required is Rs. 100,000/ Minimum investment for widows and senior citizens is Rs. 50,000/Investment can be made for 5 1/2 years and 7 years Profit payment is made to your Meezan Bank account on a monthly basis Pre-mature withdrawal can be made as per approved schedule Free first cheque book for customers who open an account for MAC issuance

Monthly Mudarabah Certificate

Ensuring Short-term Halal Investments with Competitive Returns

The Riba-Free Monthly Mudarabah Certificate (MMC) is a short-term deposit product which has been designed to give you expected monthly returns.

Monthly Mudarabah Certificates work on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharakah.

The Monthly Mudarabah Certificate is available for Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.

Invest in Monthly Mudarabah Certificate!

Visit any of Meezan Banks branches, fill-in the Application Form and complete a few simple formalities required for investing in Meezan Amdan Certificates. This is all you need to do to enjoy our personalized banking services.

Key Features
Minimum Investment required is Rs. 100,000/Investment period is one month with re-investment option available on a continuous basis Monthly profit payment will be made to your Meezan Bank account Pre-mature withdrawal can be made as per approved schedule

Dollar Mudarabah Certificate

Halal, Riba-Free Investment with Competitive Returns

The Dollar Mudarabah Certificate (DMC) is a deposit product through which you can invest your US Dollars with Meezan Bank for periods ranging from 3 months to 3 years and earn six-monthly or at maturity profit payments on your investment.

Dollar Mudarabah Certificates (DMC) work on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharakah.

The Dollar Mudarabah Certificate is an ideal investment for Individuals, Sole Proprietorships, Partnerships and Limited Companies.

Invest in Dollar Mudarabah Certificate!

Visit any of Meezan Banks branches, fill-in the Application Form and complete a few simple formalities required for investing in Meezan

Dollar Mudarabah Certificate. This is all you need to do to enjoy our personalized banking services.

Key Features
Enjoy a range of valuable features including:

Minimum Investment required is USD 10,000/Investment tenures are 3 months, 6 months, 1 year and 3 years Profit payment will be made either at maturity or on a six-monthly basis to your Meezan Bank Dollar Saving Account Pre-mature withdrawal options available as per approved Early Redemption Schedule

Services
Our wide range of services

Meezan Bank is dedicated in its effort to provide a quality banking experience to our customers via a range of unique Banking Services

Labbaik Travel Aasaan - A specialized service to assist you in making arrangements for Umrah & Hajj Online Banking - Conduct banking transactions from any of Meezan bank's branches nationwide 8 to 8 Banking - Giving our customers access to our branches from 8am to 8pm Ladies Banking - An exclusive banking area to provide a comfortable enviornment to female customers Home Remittance - Remittance services via a wide network of corresponding banks worldwide. Western Union Money Transfer - Convenient money remittance within minutes to Pakistan.

Meezan Labbaik
A Holy Journey with Comfort & Convenience!

Labbaik Travel Aasaan is a completely Halal & Riba Free Travel Solution, ideal for you & your family if you wish to perform Umrah / Hajj with the comfort and convenience. Please visit your nearest Meezan Bank branch, Select Umrah Package of your selected travel agent and perform your religious rituals with peace of mind.

Key Features

Packages available for desired days and durations for both Makkah & Madina Complete Visa Processing Confirmed return airline tickets on desired Airline subject to seat availability Accomodation available in 3,4 & 5 star Hotels in Makkah & Madina Complete Transport by Bus for Groups Double Umrah facility may be provided upon request Ziarat in Makkah & Madina may also be provided upon request

Packages for different duration & facilities are also available

Online Banking
Always Connected

Always Stay Connected with Our Online Banking

Our free On-line Banking facility allows all customers to access their account and conduct banking transactions from any of Meezan bank's branches nationwide. Our on-line facility makes it easy to deposit and withdraw cash, make pay-order requests and access numerous banking services from any Meezan Bank branch even if the account is based in a different city.

Our free On-line Banking, offers the following services:

Real-time cash deposit, instantly crediting your account! Real-time cash withdrawal upto Rs. 5 million, giving you access to your money from anywhere in the Country! Transfer of funds between your Meezan Bank accounts Deposit and collection of clearing Cheques drawn within the same city Issuance of Pay-order from any Meezan Bank branch

8 to 8 Banking
Specialized banking services from 8am to 8pm

Specialized Banking services from 8AM to 8PM

Meezan Bank is proud to be the first bank in Pakistan to introduce the concept of Eight-to-Eight banking, giving our customers access to the branch from 8 'o clock in the morning to 8 'o clock at night.

This adds a completely new dimension to our banking service and has been designed to enable our customers to avail banking services at their convenience. Customers may visit their respective branch early in the morning before going to work or can drop by in the evening on their way home without having to worry about losing valuable office hours.

From 8am till 5pm we offer the full range of our banking services while from 5pm till 8pm our customers are able to avail several commonlyused banking facilities at the branch (value next day) which meet most of their daily banking requirements. Our 8 to 8 banking service is a part of Meezan Banks mission to focus on customer convenience & service quality and is thereby an important step towards making Islamic Banking the banking of First Choice.

Services

Services provided from 5PM to 8PM at 8 to 8 Branches

Acceptance of cash Acceptance of cheques for collection and clearing Acceptance of transfer instructions Acceptance of Cheque Book, Pay Order and Demand Draft requests Accepting ATM, telephone banking and Internet banking requests

8 to 8 Branches
8AM to 8PM banking services are presently being offered at selected branches

Karachi

Clifton Branch

Islamabad

F-7 Jinnah Super Branch F-10 Markaz Branch

Ladies Banking
A banking section only for Ladies

Banking section only for Ladies

Meezan Bank is the first bank in the country to introduce 'Ladies Banking', a dedicated banking section only for ladies. This new service provides an exclusive banking area as per the set Shariah principles for our female customers in a comfortable environment.

Services provided at the Ladies Banking Section include:

Special Baking Services: Dedicated Customer Services Officer in our ladies only banking area who provide consultancy for all Halal banking needs. Consumer Financing: Car Ijarah and Easy Home Retail Banking: Current & Savings Accounts, Foreign Currency Accounts, Term Deposits 24/7 Banking Services: ATM/Debit Card, Call Center, Internet Banking

Our ladies banking service is a part of Meezan Banks mission to focus on customer convenience and service quality and make Islamic Banking the banking of First Choice.

This service is presently being offered at our Barkat-e-Hyderi branch in Karachi.

Meezan Home Remittance

Local service, International access

Meezan Bank's Remittance services are simple and reliable. They are available at your doorstep through a wide and efficient network of corresponding banks worldwide. Only the leading global financial institutions form this network of correspondent banks.

Advantages of Meezan Home Remittance:

Quick Remittance in major currencies i.e USD, GBP, EUR, JPY, CHF, SGD, AUD Instant online transfer within our branch network without any charges Extensive branch network in all major cities of Pakistan Meezan Visa Debit Card allows you to use your own money at more than 30 million outlets and 160 countries worldwide Free Internet banking facility

Easy Guidelines for Money Transfer

If you wish to remit money to Pakistan, simply give instructions to your existing bank for money transfer by providing the name of your preferred Meezan Bank branch and beneficiary account number.

Western Union
Money Remittance to Pakistan

You can now transfer money conveniently and in real-time to Pakistan within minutes via the Western Union Money Transfer Service available at all Meezan Bank branches in Pakistan. Money may be remitted via any of the Western Union service providers located in over 200 countries worldwide. This service is available to all! You do not need to have a Meezan Bank Account to avail this service.

Western Union is a world leader in the money transfer business with global presence and international recognition. Meezan Bank is the first and only Islamic Bank to provide this service in Pakistan.

Features
Receiving of all inbound remittances from any Western Union agent in the world No charges to paid by the beneficiary Instant Remittance of up to Rs. 500,000 in cash without the need of a Bank Account

Money transfer process

Receiving Money

Simply follow the following steps at any Meezan Bank branch to receive the money remitted in your name

Fill & sign a simple Remittance Payment Slip (available at all branches)

Provide the Western Union MTCN Number (Money Transfer Control Number given by the sender / remitter)

Carry your original and a photocopy of an identification document (CNIC / Passport / NICOP) Receive remittance amount and sign receipt

Sending Money to Pakistan

Visit any Western Union Service provider in your area and follow the required process and procedure of the service provider.

To find your nearest agent visit the Western Union Website Track your remittance via the Western Union Tracking service

Provide the MTCN number to the beneficiary (receiver) of the remittance in Pakistan. They can collect the remittance from any Meezan Bank branch in Pakistan.

Electronic Banking
Banking through electronic channels available 24 hours, 7 days a week

Electronic Banking provides non-stop banking convenience, twenty four hours a day, seven days a week.

Visa Debit Card - Access your money anytime - anywhere! Internet Banking - Global access to your account 24 hours a day, 7 days a week ATM Network - A wide network of ATMs located at branches and at prominent offsite locations Meezan QuickPay - No more waiting in queues to pay bills ! SMS Alerts - Receive alerts on your account transactions 24/7 Call Center - Access a wide range of Tele-banking and personalized banking services

Meezan Visa Debit Card

Your Money Anytime, Anywhere

Want access to your money anytime, anywhere? With a Meezan Visa Debit Card, you have access to the money in your account wherever you are, whenever you want, wherever you see the Visa symbol. The money is deducted from your balance straight away there is no interest to

pay, no bills & no late fees!

Using your card is quicker than making a trip to the bank!

Using your card is quicker and far more convenient than queuing at a cash dispenser and safer than carrying cash.

Use your own money at more than 30 million outlets and 160 countries worldwide. Use it to buy both big and small items, wherever you see the Visa symbol. Each withdrawal taken directly from your Meezan Bank Linked Account. A safe and convenient alternative to carrying cash. You can call support 24 hours a day, 7 days a week with any queries. Simply call 111-331-331 All shopping transactions on your card are signature based. Simply swipe and sign!

Meezan VISA Debit - Your prefect travel companion

Next time youre planning to go abroad, you can use your Meezan Visa debit card for all your purchases and to withdraw cash at ATMs, just as you do at home wherever you see the Visa symbol.

Convenient - No need to buy foreign currency or travellers cheques in advance. Safe - No need to take large amounts of cash with you. Accepted all over the world - Pay for hotels, sightseeing, shopping and dining out.

Special Offers!

Chop upto 10% off on Meat One Goodies!

Pay through Meezan Visa Debit card and avail 5% discount on raw meat (prime beef, chicken, mutton) and 10% discount on ready-tocook and deli range.

Terms & Conditions

Offer is valid till 30th June- 2012. Discount will be offered only when paying through Meezan Visa Debit card. Discount will not be offered when paying through cash even if the customer is holding Meezan Visa Debit card. Discount is valid at all Meat One Outlets in Karachi Offer is not applicable in conjunction with any other deal/promotion. For any query related to product and services, please call Meat One at (021) 11-11-MEAT-1.

More Details

Free Access to CIP Lounge for Meezan Visa Gold Card Holders

Enjoy Complimentary facilities at the International CIP lounge with your Meezan VISA Gold Card. All you have to do is to show your Meezan VISA Gold Card at the CIP Lounge counter

Features of CIP Lounge

High quality and an excellent assortment of snacks and beverages together with juices and fresh fruits (self service) Internet, Fax & Telephone facility. Availability of newspapers, magazines, periodicals and journals (English & Urdu) Information desk featuring flight details Laptop & cellular phone etc charging facility

Joint Promotion With Singer On Meezan Visa Debit

8% discount on total billing to Meezan Visa Debit Cardholder at SINGER & SKYWORTH products only available at Singer Plus Outlets

Terms & Conditions

Deal is valid till 31st December -2012. Discount will be offered on total billing. Discount is valid only on Singer and Skyworth products available at Singer plus outlets Offer is not applicable on other products / brands. Deal is not valid on Installment plans and monthly installments payment. Discount will be offered only when paying through Meezan Visa Card. Discount is valid at all Singer Plus Outlets Countrywide that accept Visa Card. For query related to products, please refer to Singer Helpline 0800-23450

Internet Banking
Anytime Anywhere

Meezan Internet Banking is the smarter way to bank, providing you global access to your account 24 hours a day, 7 days a week.

Facilities
With Meezan Internet Banking, you can get secure and convenient access to the following facilities:

Balance inquiry of multiple accounts View account statement Funds Transfer Facility (Personal & Third Party Meezan Bank Accounts) Bill Payments: Utility and Mobile Phones Cheque book and pay-order request Lodging and tracking status of complaints Account activity alerts

Meezan QuickPay
No more waiting in queues to pay bills !

QuickPay allows you to pay your Utility and Mobile Phone Bills anytime, without waiting in queues at the banks counter! Meezan QuickPay service is available 24hours, 7days a week via Meezan Banks free Internet Bankingfacility and via the Meezan ATM Network.

Utility &Telecom Companies Paying Bills is Simple! Charges

You can make payments for the following Utility companies and Telecom providers using Meezan QuickPay.

Utility Companies

Payments can be made for the following Utility company bills within the due date of the bill.

Pakistan Telecommunication Company Limited (PTCL) Sui Southern Gas Company (SSGC) Sui Northern Gas Pipelines Limited (SNGPL) Karachi Electric Supply Corporation (KESC) Hyderabad Electric Supply Company (HESCO)

Islamabad Electric Supply Company (IESCO)

Telecom Companies (mobile-phone)

Post-paid connections bills or Prepaid connection mobile phone top-ups are available for the following companies

Mobilink (Post-paid bill payments only) Telenor (Pre-paid and Post-paid) U-fone (Pre-paid and Post-paid) Zong (Pre-paid and Post-paid)

SMS Alerts
Stay up-to-date with text messages from Meezan Bank

Meezan SMS Alerts service makes your life easier and more convenient than ever before. Now you do not need to call or visit the branch to inquire about your daily transactions.

Once you sign up for the Meezan SMS Alert service, you will receive an instant SMS alert from Meezan Bank on your mobile phone whenever any of the following transactions occur on your Current or Savings account(s).

Key Features Applying for SMS Alerts

Alerts Types

Debit Alert: An instant SMS alert to inform you when any amount is deducted from your Current or Savings account(s). Credit Alert: An instant SMS alert to inform you when any amount is added into your Current or Savings account(s). Cheque Bounce: An instant SMS alert to inform you that your cheque has been dishonored.

Important

SMS Alert service is applicable to all Current and Saving accounts (either or survivor in case of joint accounts) The service is currently for customers residing in Pakistan. SMS Alert Service is not available on Mobile Network Portable (MNP) numbers

ATM Network
Over 200 ATMs nationwide

Meezan Bank offers a wide network of ATMs located at its branches as well as prominent offsite locations. You do not need to carry cash anymore; simply go to the ATM and withdraw cash anywhere, anytime. We also offer access to more than 2,000 ATM locations country-wide via 1Link and MNET Network.

Available ATMs

Key Features Helpful Tips & Guidelines

Transfer funds between your own accounts in the same branch via ATM. The cash withdrawal limit for Meezan Visa Debit Card per day is subject to the funds present in your selected account. Utility Bill payment facility (Meezan QuickPay). You can withdraw cash from any other banks ATM which is the member of either MNET or 1Link network

Notes

Funds can only be transferred between accounts (of different nature) within the same branch. Applies to same branch accounts which have been linked to the ATM card being used. If using any non-Meezan ATM, the cash withdrawal limit of that machine will be applicable on you.

For example if the machine's daily cash limit is PKR 10,000, then that machine will only provide the customer PKR 10,000 during that day.

Charges of PKR 15 per transaction will be applied when 1Link or MNET ATMs are used for cash withdrawal.

24/7 Call Center

Convenience and Care

With our Call Centre facility, you no longer have to take time out to visit your branch for your everyday banking needs. By simply dialing 111-331331 (dial 00-92-21-111-331-331 from outside Pakistan) you get access to a wide range of Tele-banking solutions and personalized banking

services including answers to questions on Islamic Banking. You can also access our self-service banking, where you will be guided and assisted in all transactions by our Interactive Voice Response System (IVR).

Services Provided on IVR

Check your account balances Instruct issuance of pay orders and demand drafts Transfer funds between your own accounts Order issuance of chequebook Check transaction history of your accounts Receive information on various MBL products and services

Issue stop payment instructions Report loss of your chequebook Register your comments and suggestions regarding MBL products and services Request or change T-PIN ATM PIN Reissuance Report loss of Visa Debit Card or cheque(s) Request for new Internet Banking Username / Password.

ATM Helpline

You may instantly contact our Call Center officers for any inquiry by just picking up the phone located beside the ATM.

Consumer Finance
Islamic financing solutions

Meezan bank consumer financing, provides Shariah Compliant financing solutions for individuals

Car Ijarah - Car financing based on the principles of Ijarah Easy Home - A comprehensive, affordable, and totally hassle-free house financing facility Laptop Ease - Monthly installment as low as Rs.2,750/-

Easy Home
Islamic House Financing

Easy Home is a Shariah-compliant Home Finance facility! One that is comprehensive, affordable, and totally hassle-free. Meezan Bank is committed to meet our customers needs in a truly Shariah-compliant manner coupled with dedicated service excellence. Why not have the best of both worlds? Isn't that what you are working so hard for anyway?

Easy Home not only allows you to own your own home by paying easy instalments but also keeps you safely away from interest based financing.

Easy Home works on a Diminishing Musharakah basis

With Easy Home you participate with Meezan Bank in joint ownership of your property, where the Bank will provide a certain amount of financing. You agree to a monthly payment to the bank of which one component is for use of the home, and another for your equity share. In fact, the total monthly payment is reduced regularly as your share in the property grows. When you have made the full investment, which had been agreed upon, you become the sole owner with a free and clear title to the property.

Financing in DHA Creek Vista

Creek Vista is a mega residential project of DHA comprising of high rise complexes equipped with all modern day facilities. Meezan Bank proudly announces to be the first Islamic Bank to extend Home Financing for purchase of apartments in Creek Vista.

*For details, please call our 24/7 call center or visit our Housing Hub nearest to you.

Key Features Products Eligibility Criterea

Flexibility and Variety to meet you requirements

Flexible Financing Tailored to Support You

High financing amounts Adequate financing against property value Flexibility to make partial prepayments Minimal processing charges Affordable and competitive instalment amounts with a regular reducing monthly rental Rate relaxation for select MNCs & LCGs

Quick

Processing

Time

Absolutely hassle-free. Quick turn-around-times, with no burdensome complexity or excessive paper work. It is simple, halal, and easy! Click here for details

Even

the

eligibility

is

Easy!

We at Meezan Bank, as prescribed by Islamic Shariah, seek to guarantee equal access to financing for all qualified applicants, while ensuring that the qualification process is bias-free. Click here for details

Non

Resident

Pakistanis

Non Resident Pakistanis can apply with peace of mind for the fastest processing of their case.

Easy Builder For that special home you want to build!

Easy Builder allows you to get financing for

Residential construction on applicants owned land Purchase of land & residential construction Enhancement of an already constructed residential bungalow

Features:
Flexible financing from PKR 300,000/- to PKR 40 million for Salaried, SEP, NRP Customers and from PKR 300,000/- to PKR 5 Million for Businessman Customer. Easy selection of financing tenure from 2 years (excluding construction period of max 12 months) to 20 years. Maximum 25 years tenure for Salaried & SEP customer

Bank Investment Ratio (BIR)

Up to 70% for Salaried / SEP / NRP. Up to 60% for Business persons. No restriction on early unit purchase / early termination after 12 months of completion

Easy Renovate Make your home even better or just repair it!

Features:
Flexible financing up to 30% of property value Easy selection of financing tenure from 2 years up to a maximum of 15 years

Easy Replace Transfer your existing mortgage!

You can now continue to enjoy your home, but with the added satisfaction and peace of mind you always wanted. Meezan Bank will help you switch your existing liability over to us and let you enjoy the benefits of Halal and totally flexible financing.

Features:
Flexible financing from PKR 300,000/- to PKR 40 million for Salaried, SEP, NRP Customers and from PKR 300,000/- to PKR 5 Million for Businessman Customer. Easy selection of financing tenure from 3 years to 20 years Maximum 25 years tenure for Salaried & SEP customer

Bank Investment Ratio (BIR)

Up to 70% for Salaried / SEP / NRP. Up to 60% for Business persons. No restriction on early unit purchase / early termination after 12 months of completion

The following parameters define the specific requirements that will constitute an eligible application of Easy Home: Islamic Housing Finance.

Particulars Citizenship Residence & Work Address

Eligibility - Pakistani and Non Resident Pakistanis as per policy Pakistan & other countries (NRP) as per policy - Minimum age required for a Primary Customer is 25 years. -Co-applicant must be over 21 years of age.

- Maximum 65 years old at the time of maturity of facility for Primary Age Customer. - Maximum 70 years old at the time of facility maturity for Co-applicant. In case of Salaried Person - Applicant and/or Co-applicant, maturity date of facility shall not exceed the date of retirement. Customer / Applicant Primary (or Single) & Co-applicant allowed.

- Co-applicant must be a member of the immediate family i.e. spouse & parents only Salaried Minimum Gross Income of PKR 20,000 per month.

- 100% Co-applicant income will be clubbed in case of spouse. Income Self-Employed Business Person - Two personal references (one relative and other office colleague/friend) not living with the customer Salaried Employment Tenure Self-Employed Business Person / - Minimum 3 years in current business / industry. - Permanent job with a minimum 2 years continuous work history in the same industry / field. / - Minimum Gross Salary of PKR 50,000 per month.

Personal Reference

Eligibility (For NRP Customers)

Eligibility (For NRP Customers) Pakistani Buyer, Builder, Renovation & Replacement In such cases, a responsible person will be appointed by the NRP customer who will look after construction on Musharakah property/land. Segment Co-applicant for Income clubbing Salaried Only 50 % of Net income of Parents, Spouse & Son

Particulars Citizenship Product Category Builder / Renovation Cases

Age (Applicant & Co-applicant for calculation of MBL financing amount)25 to 60 years Co-applicant Age (without income clubbing) 25 to 65 years

Income Employment Tenure

Gross PKR 150,000/- & above Two years (minimum) regular experience in same industry. Minimum last 1-year existing job in the same country.

Employment Status Company Eligibility

Permanent & Contractual Multinational Co. & Well Established Local Corporate Groups

Financing Tenor Financing Range

3 to 20 Years PKR 0.3M - PKR 40M

Required Documents

REQUIRED DOCUMENTS

1. Duly Filled in Easy Home Application Form (Application form can be downloaded from Meezan Banks website). Download Application Form

2. Two passport-sized colored Photographs of Applicant and Co-Applicant each, CNIC Copy / Pakistan origin card copy (original 3. 4. 5. Copy Professional Employment of Association Passport / / Contract Visa Certificate / / (if residential Practice License status (if attested). applicable) Proof applicable)

Membership

6. Copies/ details of any financing facility being availed in the country of employment or in Pakistan 7. 8. 9. 10. 11. Copy Copies of last Copy Copy Previous of paid of Utility of recent educational Bills qualification of degree Co-applicant (if Bills. (if (if / residing in certificates Pakistan. applicable) applicable) applicable)

(Electricity/Gas/Telephone) Rental Credit

Documents Card Proof

Employment

12. Processing Fees Cheque / Pay order of any commercial bank in Pakistan.

"For Co-Applicant, all income related documents will also be required if applicable."

Additional Required Documents

ADDITIONAL REQUIRED DOCUMENTS

Employment Letter Salary Slip Last 12 months bank statement Employment Contract with Co.

Verified by Pakistani Embassy abroad. Verified by Pakistani Embassy abroad. Verified by Pakistani Embassy abroad. Photocopy required

Passport VISA Proof

Photocopy required Photocopy required

Applicant will be required to open a joint account (with co-applicant) in Meezan Bank and first three Months Instalment will be required to be kept as a lien at MBL account throughout the financing tenure.

Shariah Compliant Life Takaful Coverage by M/s. Pak Qatar Takaful Company against very nominal Takaful contribution payable by customer with monthly HF instalment. As per this arrangement, in the event of the death of a customer (due to any cause), the Takaful benefit will cover the outstanding amount. The Takaful cover will also be available incase of customers natural or accidental disability.

Car Ijarah
Meezan Bank provides Shariah Compliant financing solutions for individuals.

As a step towards Meezan Banks mission to provide a one-stop shop for innovative value-added Shariah compliant products, Meezan Banks Car Ijarah unit provides car financing based on the principles of Ijarah and is free of the element of interest. Car Ijarah is Pakistans first Interest Free car financing based on the Islamic financing mode of Ijarah (Islamic leasing). This product is ideal for individuals looking for car financing while avoiding an interest-based transaction. Meezan Bank Car Ijarah is a car rental agreement, under which the Bank purchases the car and rents it out to the customer for a period of 3 to 5 years, agreed at the time of the contract. Upon completion of the lease period the customer gets ownership of the car against his initial security deposit.

Special Offer - Residual Value Ijaraah with Indus Motors

Meezan Bank Car Ijarah Introduces Residual Value Financing enabling customer to afford luxury with economy, where the customer can enjoy the benefits of eased rental. Details

Car Ijaraah also features Used Vehicles!

In addition to leasing of new cars, Meezan Bank also provides the unique opportunity of leasing second hand, both locally assembled and imported vehicles. This feature is specifically designed as a highly economical option. The Used Car Ijarah facility is made available at a minimum-security deposit as low as 20%. Financing of used cars are subject to a selection criteria.

Key Features of Car Ijarah

Low monthly rental Rental paid after delivery, not in advance Fastest processing and delivery Tracker option available

Minimum security deposit as low as 10%* All new, used, local, imported and luxury vehicles can be financed

* Conditions apply

You can enjoy the benefits of Car Ijarah if you:

Are a salaried individual/ self-employed professional/businessman Have a net take home income exceeding three times your monthly rental Have two years working / professional / business experience Are working with your present employer for at least six months (for salaried individuals)

Required Documentation

If you meet the requirements and wish to apply for Car Ijarah, simply fill out an application form and bring the following documents to your nearest Meezan Bank branch.

Application form duly filled and signed by the applicant Copy of CNIC One recent passport sized photograph Any paid utility bill (Electric/Gas/Water) received at the residential address Original or certified copy of Recent Pay slip (for Salaried Individuals only) Last Six Month Bank Statement Specimen signature card duly signed & stamped by the bank Copy of Rent Agreement (if applicable)

Meezan Laptop Ease

Monthly installment as low as Rs.2,279/-

Meezan Bank provides Shariah Compliant Laptop financing facility for individuals as well as Corporate groups

Laptop Ease is a Shariah-compliant Laptop Finance facility! One that is comprehensive, affordable and totally hassle-free. Meezan bank is committed to meet customers needs in a truly Shariah-compliant manner coupled with dedicated excellence.

Special Features
Following are few special features of this affinity program:

Easy Installment options for financing period for 3 to 24 months. 2 years warranty for HP & 1 year for Dell Products provided by vendor. Free Carrying Case will be provided by vendor.

Dedicated Call Center for addressing after-sale issues and providing after sales support to the customers at their door step Absolutely Free Takaful Coverage. All laptops acquired through Meezan Laptop Ease will be covered by Takaful (Islamic Insurance) before delivery to the customers Complete surety and peace of mind that purchased laptop is a genuine brand Laptop model offerings will vary from time to time in consistence with the latest & upgraded features and market demand.

Meezan Laptop Ease works on Musawammah basis

Laptop Finance is based on the concept of Musawamah which is a general and regular kind of sale in which price of the commodity to be traded is bargained between seller and the buyer without any reference to the price paid or cost incurred by the former. Thus, it is different from Murabaha in respect of pricing formula. Unlike Murabaha, seller in Musawamah is not obliged to reveal his cost. Both the parties negotiate on the price. All other conditions relevant to Murabaha are valid for Musawamah as well.

Brand - H.P. (Hewlett-Packard Pakistan (Pvt.) Ltd.)

Laptops by Hewlett-Packard (HP), recently ranked the 11th most valuable brand in the world, is provided by our Business Partner New Horizon who provides HP Laptops and related after sales support to Meezan Bank customers.

Laptop Ease for HP is currently available at branches in Karachi, Lahore, Islamabad, Faisalabad, Rawalpindi, Hyderabad, Bahawalpur, Rahim Yar Khan, Sadiqabad, Sargodha, Sahiwal, Peshawar, Wah Cantt, Abbotabad & Multan.

Brand - DELL

Dell laptops are a world renowned brand in the computer hardware industry as among the top five computer makers in the world. Unique Technologies (Unitech), a subridiary of Megaplus Pakistan, is a Dell Channel partner since 1996 and also one of the largest and oldest Authorized Distributor and Service Provider of Dell in Pakistan and Afghanistan. Unitech as presence in Islamabad, Lahore, Karachi & Peshawar.

Laptop Ease for Dell is currently available at branches in Karachi, Lahore, Islamabad, Faisalabad, Rawalpindi, & Wah Cantt.

Eligibility criteria

BUSINESSMEN AND SELF EMPLOYED PROFESSIONAL CLASS

Citizenship

Pakistani, Adult, Permanent resident

Age

Minimum 20, Maximum 65 at maturity

Income (PKR)

PKR 40,000/-

Personal Reference

Two personal references (one relative and other office colleague/friend) not living with the customer.

Employment & Business Tenure

Minimum

years

in

same

business

(Business tenure to be verified via Bank Certificate, NTN Certificate, Tax returns, Proprietorship letter, Registered Partnership deed etc)

SALARIED CLASS

Citizenship

Pakistani, Adult, Permanent resident

Age

Minimum

20,

Maximum

60

(Salaried)

at

maturity

(Applicant maturity date of facility shall not exceed the date of retirement.)

Income (PKR)

PKR 25,000/- (Gross Salary)

Personal Reference

Two personal references (one relative and other office colleague/friend) not living with the customer.

Employment & Business Tenure

Permanent job with minimum 1 year continuous working history in same industry.

Direct company contract valid till maturity date of financing (Total 1 year previous working experience is mandatory).

Asset Management

Al-Meezan the advisory arm of Meezan Bank

Al Meezan Investment Management Limited (Al Meezan), the asset management and investment advisory arm of Meezan Bank, specializes exclusively in the development and management of Shariah compliant investment products. Al Meezan has one of the longest and the most successful track record of managing mutual funds in the private sector, spanning over fifteen years.

Al Meezan is presently managing the following funds:

Open End Funds

Meezan Islamic Fund (MIF) - open end equity fund Meezan Islamic Income Fund (MIIF) - open end income fund Meezan Cash Fund (MCF) - open end money market fund Meezan Sovereign Fund (MSF) - open end government securities fund Meezan Capital Protected Fund-I (MCPF-I) open end capital protected fund

Pension Funds

Meezan Tahaffuz Pension Fund (MTPF)- Voluntary Pension Scheme

Close End Funds

Al Meezan Mutual Fund Limited (AMMF)- closed end equity fund Meezan Balanced Fund (MBF)- closed end balanced scheme

The total size of the funds under management as at June 30, 2010 was over PKR 18 billion as compared to PKR 13 billion at the corresponding date last year. The increasing size of assets under management manifests the ability of the professional fund management team to consistently out-perform its peers and consequently build the investor confidence. The fund wise performance details as at June 30, 2010 is as under:

Net Fund Meezan Cash Fund Meezan Islamic Fund PKR (Millions)

Assets

Rating

Return FY - 10

5,224 3,966

AA(f) MFR 5-Star

10.10% 31.00%

Meezan Islamic Income Fund Meezan Sovereign Fund Meezan Capital Protected Fund-I Al Meezan Mutual Fund Meezan Balanced Fund Meezan Tahaffuz Pension Fund

3,394 971 637 1,404 1,278 277

A+(f) AA+(f) -

7.31% 9.69% 14% 31.23% 22.35% 32.00%

Al Meezan is ranked among the best performing asset management companies in Pakistan. It has achieved Management Quality Rating AM2, assigned by JCR-VIS. AM2 is currently the Highest Management Quality Rating to any Asset Management Company in the mutual funds industry. This rating denotes high management quality with a stable outlook. For the year 2009, Eurekahedge - world's largest independent data provider and research house has ranked Meezan Islamic Fund (MIF)- Pakistans largest equity fund in the private sector and Al Meezan Mutual Fund (AMMF) among the Top 10 Islamic Funds by returns for the year 2009. MIF was ranked 4th for the year 2009 while AMMF was ranked 6th among the Top 10 performing funds. The statistics have been calculated by Eurekahedge using funds return since inception.

The Shariah Advisor of Meezan Bank Limited, also being the Shariah Advisor of Al Meezan, supervises the operations in order to ensure Shariah compliance of the funds. In addition to the quality service, Shariah compliance and impressive performance in terms of returns to investors, Al Meezan also complies with the global best practices in asset management and has voluntarily adopted Asset Manager Code of Professional Conduct from CFA Institute, USA. Hence it has the distinction of being the first asset management company in Pakistan to comply with the best global practices in asset management.

Units of all open end funds are available at the offices of Al Meezan and all branches of Meezan Bank across Pakistan. For the convenience of investors, Al Meezan has placed dedicated investment officers at the selected branches of MBL. These officers provide guidance and assist the investors in meeting their investment objectives.

Investment Banking
Corporate Advisory & Structured Finance

Realizing the increasingly diverse needs of our customers for advisory and structured finance transactions, a specialized department focusing on Investment Banking services has been established at Meezan Bank. The department is geared towards providing comprehensive and innovative financial solutions through a diverse product offering, providing a broad array of financing solutions to the banks clients. The focus is on nurturing and developing long-term relationships with clients by understanding their unique financing requirements and providing Shariah-compliant financing solutions.

In a short span of time, the Investment Banking department has been able to develop core expertise in arranging syndicated, structured and Project finance and providing advice on mergers and acquisitions, buy-side / sell-side advisory, financial restructuring, structured equity and venture capital investments.

Key Services

Syndications & Structured Finance

Structured finance involves highly complex financial transactions. It is useful in cases where standard financing products do not meet a companys requirements. MBLs Investment Banking department offers uniquely structured transactions for its customers based on various modes of Islamic finance including Ijarah, Diminishing Musharakah and Istisna.

Project Financing
Project financing involves financing of long-term infrastructure and industrial projects. These are non-recourse or limited recourse financings where project debt and equity used to finance the project are paid back from the cash flows generated by the project. Meezan Banks Investment Banking department has a proven track record of successfully executing numerous Project Finance transactions despite its recent entry in the financial market. Meezan also has the honour of being the pioneer in successfully executing the first ever project financing transaction in the Islamic banking sector of the country.

Advisory Services
The Investment Banking department at Meezan Bank has recently set up a team to handle its Corporate Advisory business. The department is currently strengthening its existing expertise of providing Advisory Services by employing professionals to help the bank customers decide the best financial approach for their businesses.

Islamic Financial Advisory Services

Assisting the development of Islamic Financial Institutions & Corporations

Meezan Bank has extensive experience and expertise in developing and advising on the creation of Shariah-compliant financial products and services. The main objective of Meezan Banks Islamic Financial Advisory function is to assist Financial Institutions develop Islamic banking alternatives by sharing our expertise, research and success stories. This function works under the guidance of Shariah Supervisory Board which comprises of renowned Islamic Scholars from both Pakistan and abroad.

For more details on how we can help you conduct shariah compliant business, contact Meezan Bank's Islamic Financial Advisory team at: IFA@meezanbank.com or Submit a Request for Proposal.

Advisory Services

Islamic Financial Product Development and Product Refinement

Islamic Finance, though working in the space provided by the Islamic principles, is very open to creativity and innovation. Financial Engineering to develop Shariah-compliant alternatives to conventional financial products is an important task undertaken by the Islamic Financial Advisory function. Research and development of new Islamic financial instruments is also a vital and ongoing activity of function. Product Development requirements and requests received from our client organizations are also provided with assistance and technical support.

In the area of providing Islamic Financial Advisory Services, Meezan Bank has achieved the following landmarks:

Offered its Islamic Financial Advisory services to Zayan Real Estate Financing Program the first ever Shariah-compliant commercial real estate financing solution offered in the United States by the Capitas Group, regarding the financial product development & structuring in the Shariah Compliant Manner

Provided Shariah consultancy services to United Sales Limited (USL), a sales company of Dawlance Pakistan limited, for converting their sales schemes into Shariah compliant mode by modifying their product structures and related agreements.

Islamic Capital Market Advisory Services

As a leader in structured finance products, Meezan Bank has been involved in Sukuk Structuring, Shariah Advisory and Syndication/Consortium financing, lead-managing a number of new Shariah-compliant Sukuk issues and syndicated transactions with its corporate clients.

Following are some of the landmarks that Meezan Bank has achieved to date

Launched the First Rupee-denominated Wapda Sukuk in Pakistan. Acted as a Shariah Structuring Advisor to Quetta Textile Mills limited in the issue of Sukuk worth 1.5 Billion in October 2008. Acted as a Shariah Structuring Advisor to Eden Builders Limited in the issue of Sukuk worth 2 Billion in September 2008. Acted as a Co-Arranger and Shariah Structuring Advisor to Arzoo Textile Mills Limited in the issue of Sukuk worth 0.8 Billion in April 2008. Acted as a Co-Arranger and Shariah Structuring Advisor to Liberty Power Tech Limited in the issue of Sukuk worth 12.35 Billion in March 2008. Acted as a Co-Arranger and Shariah Structuring Advisor to Maple Leaf Cement Factory Limited in the issue of Sukuk worth 8 Billion in December 2007. Acted as a Co-Arranger and Shariah Structuring Advisor to Attock Gen Limited in the issue of Sukuk worth 6.5 Billion in September 2007. Acted as a Joint Lead Manager to Dawood Hercules Chemical Limited in the issue of Sukuk worth 6.5 Billion in September 2007. Acted as a Joint Lead Manager to Engro Chemicals Pakistan Limited in the issue of Sukuk worth 3 Billion in September 2007. Acted as a Co-arranger to Wapda in the issue of Sukuk worth 8 Billion in July 2007. Acted as a Joint Lead Manager to Sui Southern Gas Company Limited in the issue of Sukuk worth 2 Billion in June 2007. Acted as a Lead Manager to Sitara Chemicals in the issue of Sukuk worth 625 Million in December 2006. Acted as a Trustee to Sitara Chemicals in the issue of Sukuk worth 1.1 Billion in June 2006.

Mutual Fund industry in Pakistan has witnessed unprecedented growth in last five years. Mutual Funds are an important financial intermediary in developing markets where capital markets are volatile and investors do not have the expertise, savings and time to devote themselves to making a well diversified profitable and Shariah-compliant portfolio.

Islamic investment principles require persistent Shariah Compliance. Islamic Mutual Funds are therefore catering to this important need and we provide them with technical expertise in managing their portfolios in Shariah-compliant manner. We have provided Islamic Financial Advisory Services to the following funds:

Al

Meezan

Investment

Management

Limited

(AMIM)

Funds

Meezan Balance Fund MBF Al Meezan Mutual Fund AMMF Meezan Islamic Fund MIF Meezan Islamic Income Fund - MIIF Meezan Tahaffuz Pension Fund MTPF-I Meezan Capital Protected Fund MCPF

Meezan Cash Fund - MCF Meezan Sovereign Fund - MSF

National

Fullerton

Asset

Management

Company

Limited

(NAFA)

Funds

Multi Asset Islamic Fund NMIF Islamic Income Fund NIIF

KASB

Funds

Islamic Income Fund KIIF

PAK

OMAN

ASSET

MANAGEMENT

FUNDS

Islamic Advantage Fund POAIF Islamic Income Advantage Fund POAIIF

AKD FUNDS

Islamic Income Fund AKDISIF Islamic Stock Fund - AKDISSF

Establishing and Managing Islamic Stock Market Indices

Meezan Bank has initiated the formation and subsequent management of a domestic Islamic Market Index i.e. KMI-30 index in collaboration with Karachi Stock Exchange (KSE). Shariah Compliance is necessary not only at the time of IPO, but it also encompasses all operations of the enterprise at all stages of the organizational life cycle.

In the KSE-100 index, companies are selected based on their market capitalization and the ability to influence market; KMI-30 index looks at a host of factors regarding Shariah Compliance when selecting a company. Since there are several factors that make a company Shariahcompliant, the company which is Shariah Compliant at one point in time may not remain Shariah Compliant at another point in time. Hence, providing Shariah Technical and Support Services is a concurrent activity and an important function of Islamic Financial Advisory Department.

Islamic Financial Advisory Services to Start-up Firms

Islamic investment principles require certain Shariah principles to be followed while starting up any business activity. Islam does not allow the business of prostitution, drugs, gambling, alcohol, interest based lending, interest based financial institutions etc. Furthermore, Islam does not allow interest based investments, interest based financing, interest based operations and Gharar based business dealings.

We provide consultancy services to startup firms in the process of formation of the company ensuring Shariah compliance not only at the startup, but also making it certain that there are no loopholes which may pull the company towards being Shariah non-compliant in future. Meezan Bank is currently providing such Shariah consultancy services to Islamic Relief (IR) a UK based International NGO involved in providing micro finance to needy people. Meezan Bank through this arrangement will assist IR in providing such finances in a Shariah compliant manner.

Shariah-Compliant Corporate Restructuring

Interest is a common nuisance in the economy domestically and internationally. Interest based financial system necessitates the use of riskier instruments which being highly speculative can disrupt an economy in downturns. Islamic financial principles propose Shariah Compliant

yet highly robust alternatives for the financial needs of the economy. Meezan Bank has had the unique experience of converting a conventional bank into an Islamic Bank. The Bank also provides Shariah Technical and Support Services to corporate clients to convert all operations of the clients into making them Shariah-compliant.

Meezan bank Limited (MBL) has restructured the internal and external processes, documentation and procedures of the installment sales procedure of United Sales (Pvt) Limited, a subsidiary of Dawlance (One of the largest consumer durables in Pakistan). Provided Islamic banking advisory services to Bank of Khyber. Has a unique competency of converting a Conventional Bank into an Islamic bank Experience of converting Societe Generale into Meezan Bank Limited.

Internal and External Training Sessions

Islamic Banking and Finance is a nascent but growing industry. Meezan Bank being the Pioneer in Islamic Banking is leading the way towards Islamization of financial sector and subsequently Islamization of economy. Meezan Bank has technical experts who conduct

training sessions at the request of the client organizations at their premises. The bank also has distinguished speakers who regularly participate in national and international symposiums, conferences, seminars, workshops and other platforms. Eminent scholars conduct Islamic Banking courses at various academic institutes and provide services for course structuring, curriculum development and testing services. Internationally, Meezan Bank in collaboration with Centre of Islamic Economics organized a training course on Islamic Banking in Markfield institute of Islamic Education, Leicester. A Shariah Compliance and Auditing course was also conducted in February, 2008 in England in partnership with Utruj. The Bank has supported other institutes in Pakistan including State Bank of Pakistan (SBP), National Institute of Banking and Finance (NIBAF), Institute of Bankers Pakistan (IBP) and Center of Islamic Economics (CIE) in conducting Islamic banking training sessions. The Bank has also supported a 17-episode TV program on a national TV channel.

MBL has trained senior staff members of Central Bank of Bangladesh in Islamic Banking. Initiated full-fledged Islamic banking courses at various universities in Pakistan such as Institute of Business Administration (IBA), Institute of Business Management (IoBM), Mohammad Ali Jinnah University (MAJU), IQRA University and Pakistan Air Force Karachi Institute of Economics & Technology (PAF-KIET).

Meezan Bank Limited & Riphah International University have collaborated to launch MBA in Islamic Businessand Finance.

Shariah Audit, Shariah Compliance & Strengthening Internal Shariah Controls

Meezan Bank, being the market leader in Islamic Banking also shares its expertise with Islamic banking institutions, Islamic financial institutions and contemporary conventional financial institution willing to convert their operations based on Islamic principles. The Bank offers its services in the area of Shariah Audit and Shariah Compliance as well strengthening and streamlining the internal operations of its client organizations from Shariah Compliance perspective.

Meezan Providence Certificate

Designed to cater to your Provident, Pension and Gratuity funds

Meezan Providence Certificate is a long-term investment certificate specially designed to cater to the needs of corporate and business concerns for purposes of investing their Provident, Pension and Gratuity Funds.

Meezan Providence Certificate is an ideal investment for Individuals, Sole-Proprietorships, Partnerships and Limited Companies.

Meezan Providence Certificate works on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool. Funds in the pool are invested under Islamic modes of finance that include but are not restricted to Murabaha, Sukuk and Ijarah.

Key Features
Enjoy a range of valuable features including:

A 100% halal investment in strict compliance with Shariah High Returns Long-term security ensured Minimum investment amount: PKR 1,000,000 Available tenures of 2, 3, 5 and 7 years Pre-mature withdrawal options available

Eligibility Criterea

Investing is simple and easy, as all you need is:

To have a registered or unregistered Employee Provident/Gratuity/Pension Fund. Have operations based in Pakistan.

We at Meezan Bank, as prescribed by Islamic Shariah, seek to guarantee equal access to all qualified applicants, while ensuring that the qualification process is bias-free.