Trends - Meezan Bank - Business Recorder

Meezan Bank

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan

The International Finance Corporation (IFC), a member of the World Bank Group, and a consortium of Pakistani banks,...

Updated 23 Dec, 2024 08:53pm

Business & Finance

Meezan Bank, AHL launch instant top-up service for investors

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking, have...

Published 23 Dec, 2024 08:04am

Business & Finance

Meezan Bank denies claims of data breach

KARACHI: Meezan Bank Limited has denied claims of a data breach, assuring that customer information remains fully...

Published 20 Dec, 2024 02:43am

Business & Finance

Modernization: Meezan Bank partners with Systems and Temenos

KARACHI: Meezan Bank has partnered with Systems Limited and Temenos to modernize its core banking platform. The...

Published 29 Nov, 2024 07:03am

Business & Finance

Meezan Bank, CashNow to develop first digital Islamic supply chain finance product

KARACHI: Meezan Bank has entered into a strategic alliance with CashNow to develop Pakistan’s first digital ...

Published 14 Nov, 2024 08:41am

Business & Finance

Meezan Bank partners with Trifit Gym

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank, has recently entered into an exclusive partnership with...

Published 09 Nov, 2024 06:36am

Business & Finance

Meezan Bank inks agreement with ITFC to support private sector

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank announced a new strategic partnership with the International...

Published 06 Nov, 2024 05:50am

Business & Finance

3Q2024: Listed banks’ profitability down 1.0pc to Rs158bn YoY

KARACHI: Pakistan’s listed banks profitability clocked in at Rs 158 billion, down by 1.0 percent YoY while up 16...

Published 01 Nov, 2024 06:51am

Business & Finance

Meezan Bank posts Rs77.5bn PAT, grows 34pc

KARACHI: The Board of Directors of Meezan Bank approved the financial statements of the Bank for the nine months...

Updated 24 Oct, 2024 07:53am

Business & Finance

Meezan Bank posts Rs26.4bn profit in 3QCY24

Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.36 billion for the third...

Updated 21 Oct, 2024 07:18pm

Pakistan

Meezan Bank expands career opportunities for SAU graduates

HYDERABAD: Prof Dr Aijaz Ali Khooharo, Dean of the Faculty of Agricultural Social Sciences at Sindh Agriculture...

Published 27 Sep, 2024 07:10am

Business & Finance

Meezan Bank & Mastercard renew strategic partnership to enhance offerings for customers across country

KARACHI: Meezan Bank has announced the renewal of strategic partnership with Mastercard to enhance bank’s debit...

Published 06 Sep, 2024 07:04am

Pakistan

Meezan Bank honours Arshad’s Olympic feat

KARACHI: Arshad Nadeem, Pakistan’s star athlete and Olympic gold medalist in men’s javelin throw, was celebrated...

Published 27 Aug, 2024 06:44am

Pakistan

Meezan Bank celebrates Independence Day

KARACHI: Meezan Bank marked the country’s 78th Independence Day with great fervour and enthusiasm. The celebrations...

Published 15 Aug, 2024 05:59am

Business & Finance

Macroeconomic indicators on an upward trajectory: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, had a meeting Thursday with a...

Updated 09 Aug, 2024 05:49pm

Business & Finance

Meezan Bank’s profit up nearly 55% in 2QCY24

Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.89 billion for the second...

Updated 08 Aug, 2024 09:44pm

Business & Finance

Meezan Bank hosts Mastercard-led cybersecurity workshop

KARACHI: Meezan Bank hosted first Mastercard-led cybersecurity workshop for advancement in cybersecurity ...

Published 08 Aug, 2024 07:34am

Business & Finance

Meezan Bank, Haball sign referral arrangement agreement

KARACHI: Meezan Bank has entered into a referral arrangement with Haball Pvt Ltd, a premier digital payments...

Published 27 Jul, 2024 06:18am

Business & Finance

Meezan Bank and Haball sign referral arrangement agreement

KARACHI: Meezan Bank Limited (“Meezan”), Pakistan’s leading Islamic bank, announced that it has entered into a...

Published 22 Jul, 2024 05:39am

Markets

Ijarah Sukuk: PSX inducts Meezan Bank as first market maker

KARACHI: Pakistan Stock Exchange (PSX) on Friday announced the induction of Meezan Bank as the first market maker ...

Published 13 Jul, 2024 07:21am

Business & Finance

Sukuk Standard: AAOIFI and Meezan Bank host public hearing session

KARACHI: The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank...

Published 12 Jul, 2024 05:48am

Business & Finance

Meezan Bank, Legends Arena join hands to promote sports, fitness

KARACHI: Meezan Bank has announced a strategic partnership with Legends Arena, a state-of-the-art sports facility in...

Published 01 Jun, 2024 06:59am

Business & Finance

Meezan Exchange Company Ltd launched

KARACHI: Meezan Bank, strengthening foothold in forex services and business, has formally launched its wholly owned...

Published 28 May, 2024 05:30am

Pakistan

Meezan Bank, IBA-CEIF hold graduation ceremony for ‘Meezan Justuju’ programme

KARACHI: The graduation ceremony for the flagship Islamic Finance Talent development programme – Meezan Justuju,...

Published 24 May, 2024 06:38am

Business & Finance

Risk Associates announces Meezan Bank’s certification with PCI 3DS standard

KARACHI: Risk Associates, Pakistan’s leading PCI Qualified Security Assessor (QSA), has recently announced Meezan...

Published 16 May, 2024 06:28am

Markets

Pakistani companies with market cap of over $1bn at PSX

A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024

Updated 16 May, 2024 12:36pm

Pakistan

Meezan Bank and Roche Pakistan join forces to combat breast cancer

KARACHI: Meezan Bank, Pakistan’s first and largest Islamic Bank, has joined hands with Roche Pakistan, one of the...

Published 14 May, 2024 05:18am

Business & Finance

Islamic microfinance: Meezan Bank, PMN ink MoU

KARACHI: Meezan Bank has signed a Memorandum of Understanding (MoU) with the Pakistan Microfinance Network (PMN) to...

Published 09 Mar, 2024 04:59am

Business & Finance

Meezan Bank’s profit up nearly 91% in 2023

Meezan Bank, the country’s largest Islamic bank, posted earnings of Rs86.02 billion for calendar year 2023, up...

Updated 15 Feb, 2024 10:42pm

Business & Finance

Meezan Bank, IBA join hands to launch MeezanJustuju

KARACHI: Meezan Bank has launched MeezanJustuju - a fully funded talent development programme for fresh graduates in...

Published 17 Jan, 2024 06:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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