Meezan Bank received award for the 'Best Islamic Bank in Pakistan' by Islamic Finance News of REDmoney Group, Malaysia at a ceremony held at the State Bank of Pakistan on Thursday as part of a workshop on Islamic Finance organised by Islamic Finance News.
President & CEO of Meezan Bank, Irfan Siddiqui received the award for Meezan Bank Ltd. The Islamic Finance News Awards aims to commend key industry players who have done their part in promoting Islamic finance across the Asian region.
The one-day workshop, on 'Expanding the Realms of Islamic Finance' was aimed to highlight the current state of Islamic Finance and to examine the market trends, challenges and further opportunities for Islamic financial markets in Pakistan. The workshop is part of a Roadshow organised by the REDmoney group that is visiting 16 cities across Asia, the Middle East, North America and Europe.
Meezan Bank has received a number of international and local accolades for its services, including 'Best Islamic Financial Institution in Pakistan' for 2010 and 2009 by Global Finance Magazine, New York, 'Best Islamic Bank in Pakistan' for 2009 by Asia Money Magazine, Hong Kong and 'Islamic Bank of the Year' for 2009 award by CFA Association of Pakistan.
Meezan Bank is the first and largest Islamic Bank in Pakistan having a branch network of 201 branches in 54 cities across Pakistan within a short span of 7 years. The Bank offers a complete range of Islamic banking products and services, including free online banking for all Pak Rupee accounts at all its branches. The Bank's retail banking network is supported by 24/7 banking services that include over 170 ATMs, Internet Banking and a 24-hour Call Center.