Meezan Bank, Pakistan's first and largest Islamic bank, has joined hands with M/s. Unique Technologies for financing of "Dell" brand of laptop computers through Meezan Bank's Laptop financing product, Laptop Ease. In this regard a MoU was signed by Arif-ul-Islam, COO of Meezan Bank and Asif Bukhari, CEO of Unique Technology here at Meezan Bank Head Office. Shahzad Aslam Khan, Country Head Dell and Naveed Siraj, Country Head Intel were also present at the occasion.
Laptop Ease is a Riba Free financing product based on the concept of 'Musawamah' whereby Meezan Bank provides financing for purchase of laptops at easy instalments payable over 3 to 24 months. After signing of this agreement, Meezan Bank will also provide financing for Dell laptops.
Muhammad Raza, Head of Consumer Banking & Marketing at Meezan Bank said: "Our Laptop Ease product was launched on April 26, 2011. I am pleased to say that the consumer response has been very positive and during a period of just 10 months, we have financed more than 800 laptops".
Meezan Bank is the first and largest Islamic Bank in Pakistan having a network of 275 branches in over 83 cities across the country. 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.-PR