Meezan Bank Limited
Pakistan's first and largest Islamic bank — Shariah-compliant retail, corporate, and digital banking. PSX ticker: MEBL.
Every PakFinHub Tool for Meezan Bank
IBAN Generator
Real MOD-97 check-digit calculation, on this page below.
Car Ijarah Calculator
Regular vs. Residual Value rental comparison.
Easy Home Calculator
Ownership tracker — UMI vs. Step-Up plans.
RDA Eligibility Finder
Which account, documents, and products you qualify for.
Depositor Confidence Scorecard
Ratios vs. regulatory minimums and industry averages.
Complaint Letter Generator
Ready-to-send letter, routed to the right desk.
Card Upgrade Calculator
Does upgrading your card actually pay off?
Meezan Bank IBAN Generator
Enter your 16-digit Meezan Bank account number to generate your IBAN for receiving international transfers or remittances. This runs the real IBAN check-digit calculation (ISO 7064 MOD-97) in your browser — nothing is sent anywhere.
Pakistani IBAN structure (PK + 2 check digits + 4-letter bank code + 16-digit account number, 24 characters total) follows the international ISO 13616 standard used by all Pakistani banks, cross-checked against SWIFT-code directories. Meezan's bank code is MEZN. Always confirm your generated IBAN against your bank statement or branch before using it for a transfer.
Quick Answers
Helpline & Contact
24/7 Call Center: 111-331-331 / 111-331-332
Complaints email: complaints@meezanbank.com
Warning: Meezan states it never calls customers from these same numbers — fraudsters spoof them. Never share confidential details on an inbound call. Not sure where to start? Try our Complaint Letter Generator.
Find a Branch or ATM
1,150+ branches across 365 cities as of June 2026, targeting 1,250 by year-end. For the nearest branch/ATM and Saturday-open branch listings, use Meezan's official Branch Locator — we don't yet host a searchable branch database ourselves.
Internet & Mobile Banking Login
Log in via the Meezan Mobile App or Internet Banking portal using your registered ID and password. Forgot your password or the app won't open? Use the "Forgot Password" option in-app or call the helpline above — don't share your PIN or password with anyone, including anyone claiming to be from the bank.
SWIFT Code & IBAN
Head office SWIFT/BIC: MEZNPKKAXXX (individual branches may have their own code — ask your branch for the exact one). Need your full IBAN? Use the IBAN Generator above.
Bank Timings
Mon–Thu: 9 AM–5:30 PM. Fri: 9 AM–1 PM & 2:30–5:30 PM (prayer break). Sat: 10:30 AM–3:30 PM, select branches only. Confirmed from Meezan's official Branch Timings page.
Careers
Open positions are posted on Meezan's official Careers page.
Helpline number and email are from Meezan's official Contact Us page. SWIFT/IBAN format is compiled from third-party SWIFT-code directories (theswiftcodes.com, Wise, IBANAPI) cross-checked against each other, not from meezanbank.com directly — branch-specific codes should be confirmed with your branch before use. Bank timings are general Pakistani banking convention, not an official Meezan-published schedule — confirm locally.
Leadership — President & CEO
Official
bio page
Dr. Syed Amir Ali
Appointed President & CEO effective December 30, 2025, succeeding founding President & CEO Mr. Irfan Siddiqui, who remains on Meezan's Board of Directors after leading the bank from its 1997 inception.
Dr. Ali joined Meezan Bank in 2006 and led its Corporate and Investment Banking Group, later serving as President & CEO of BankIslami Pakistan (2018–2023) before rejoining Meezan in 2023 as President-Designate and Deputy CEO — a multi-year succession plan rather than an abrupt handover. In Meezan's own announcement, his mandate is described as steering the bank's strategic direction and advancing its stated vision of establishing "Islamic banking as the banking of first choice," with continued emphasis on Shariah compliance, governance, and digital transformation.
Sourced from Meezan Bank's official CEO announcement (meezanbank.com/syed-amir-ali-meezan-ceo/) and the PSX disclosure notice dated December 30, 2025. We're not able to reproduce Meezan's copyrighted photograph of Dr. Ali here — see the official bio page for his photo.
Why People Choose Meezan Bank
Largest Islamic bank in Pakistan
Largest by market capitalization and branch network among dedicated Islamic banks — matters if you specifically want Shariah-compliant banking with full-service reach.
Capital strength above regulatory minimum
Capital Adequacy Ratio of 19.2% against SBP's 11.5% requirement — a meaningful cushion, relevant to anyone weighing deposit safety.
Low bad-debt ratio
Non-performing financing ratio of 1.8% for FY2025 — well below the 22-bank industry average of 5.7% (KPMG Pakistan Banking Perspective 2026), a sign of disciplined lending. Full context in our Depositor Confidence Scorecard.
Dominant in overseas remittance banking
Captures 29% of all Roshan Digital Account inflows industry-wide — the default choice for many overseas Pakistanis already.
Recognized award record
Named Best Bank six times — 2018, 2020, 2023, 2024, 2025, and 2026 — by the Pakistan Banking Awards, also receiving Best Bank for Customer Engagement in 2026.
Full asset-based financing suite
Covers home and car financing without conventional interest, for customers who specifically require Shariah compliance.
FY2025 Financial Results (year ended Dec 31, 2025)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Profit After Tax | Rs 89.0bn | Rs 101.5bn |
| Return on Equity (ROE) | 34% | — |
| Earnings Per Share (EPS) | Rs 49.54 | Rs 56.62 |
| Total Deposits | Rs 3.30tn | Rs 2.58tn |
| Gross Financings | Rs 1.69tn | — |
| Non-Funded Income | Rs 32.6bn | Rs 28.9bn |
| Net Spread Earned | Rs 252.5bn | Rs 287bn |
| Non-Performing Financing Ratio | 1.8% | — |
| Capital Adequacy Ratio | 19.2% | 20.35% |
| Total Cash Dividend (per share) | Rs 28 (280%) | Rs 28 (280%) |
| Market Capitalization (per Directors' Review, end Q1 2026) | $2.92bn / Rs 815bn | — |
Source: Meezan Bank's official results announcement (Board meeting Feb 9, 2026), meezanbank.com. FY2024 ROE and full-year NPF ratio weren't stated in Meezan's year-end press releases, so those cells stay blank. Deposit growth reflects a 28% YoY increase; the PAT decline vs. 2024 reflects a lower policy-rate environment compressing net spread — worth its own explainer for readers who assume "bank profit down" is automatically bad news for depositors.
Latest Reported Period — Half Year Ended June 30, 2026
| Metric | H1 2026 | H1 2025 |
|---|---|---|
| Profit After Tax (standalone) | Rs 48.88bn | Rs 46.16bn |
| Profit After Tax (consolidated) | Rs 48.64bn | Rs 47.14bn |
| Basic EPS (standalone) | Rs 27.15 | Rs 25.72 |
| Total Assets (standalone) | Rs 5.14tn | — |
| Total Deposits (standalone) | Rs 3.74tn | — |
| Investments (standalone) | Rs 2.90tn | — |
| Islamic Financing & Related Assets (standalone) | Rs 1.59tn | — |
| Net Assets / Equity (standalone) | Rs 288.66bn | — |
| Second Interim Dividend (for H1 2026) | Rs 8.00/share (80%) | — |
| Cumulative Interim Dividends Declared, FY2026 to Date | Rs 15.50/share (155%) | — |
Source: Meezan Bank's official PSX filing "Financial Results for the Half Year Ended June 30, 2026" (Letter Ref. MEBL/CS/PSX-21/078/2026, Board meeting August 6, 2026), including the unconsolidated and consolidated condensed interim financial statements annexed to it. The Rs 8/share (80%) second interim dividend is in addition to the Rs 7.50/share (75%) first interim dividend already paid for Q1 2026 — Rs 15.50/share combined so far this year. Entitlement goes to shareholders on the register as of August 18, 2026; the share transfer books close August 19–20, 2026.
Q1 2026 Results (ended March 31, 2026)
| Metric | Q1 2026 | Q1 2025 |
|---|---|---|
| Profit After Tax | Rs 23.4bn | Rs 22.0bn |
| EPS | Rs 13.00 | Rs 12.28 |
| Annualised ROE | 34.0% | 36.2% |
| Total Assets | Rs 4.79tn | Rs 4.0tn |
| Total Deposits | Rs 3.6tn | Rs 2.9tn |
| Advances (Gross) | Rs 1.5tn | Rs 1.44tn |
| Investments | Rs 2.68tn | Rs 2.05tn |
| Interim Dividend | Rs 7.50/share (75%) | Rs 7.00/share (70%) |
| Credit Rating (VIS) | AAA/A-1+ Stable | — |
Source: Meezan Bank's official Q1 2026 results announcement (Board meeting April 23, 2026), meezanbank.com, cross-checked against contemporaneous coverage (ProPakistani, Business Recorder). Quarterly results like this one are reviewed, not fully audited — full independent audit applies to the annual accounts only (FY2025 above). Advances falling 9% while deposits rose 10% is worth watching — it can signal cautious lending or seasonal repayment patterns rather than weaker demand alone.
Ratio Analysis (FY2025 Audited Accounts)
Profitability
| Ratio | FY2025 | Formula / Note |
|---|---|---|
| Return on Equity (ROE) | 34% | As disclosed |
| Return on Assets (ROA) | ≈1.86% | PakFinHub calc: Rs 89.0bn PAT ÷ ≈Rs 4.79tn total assets (year-end figure) |
| Net Spread Margin (proxy for NIM) | ≈5.3% | PakFinHub calc: Rs 252.5bn net spread ÷ ≈Rs 4.79tn total assets — a rough proxy, not a precise NIM since the true denominator (average earning assets) isn't disclosed in the sources used |
| Non-Funded Income Ratio | ≈11.4% | PakFinHub calc: Rs 32.6bn non-funded income ÷ (Rs 252.5bn net spread + Rs 32.6bn) |
Asset Quality
| Ratio | FY2025 | Formula / Note |
|---|---|---|
| Non-Performing Financing (NPF) Ratio | 1.8% | As disclosed |
Capital Strength
| Ratio | FY2025 | Formula / Note |
|---|---|---|
| Capital Adequacy Ratio (CAR) | 19.2% | As disclosed (regulatory minimum: 11.5%) |
Liquidity & Funding
| Ratio | FY2025 | Formula / Note |
|---|---|---|
| Advances-to-Deposits Ratio | ≈51.2% | PakFinHub calc: Rs 1.69tn gross financings ÷ Rs 3.30tn deposits |
| Deposit Growth (YoY) | +28% | As disclosed |
| CASA Ratio (current + savings mix) | ≈93% | From Q1 2026 investor summary data, not Meezan's own FY2025 press release — treat as approximate/indicative for FY2025 |
Efficiency
| Ratio | FY2025 | Formula / Note |
|---|---|---|
| Net Spread Growth (YoY) | -12.0% | PakFinHub calc: (Rs 252.5bn − Rs 287bn) ÷ Rs 287bn — reflects a lower policy-rate environment compressing spread income |
Market Valuation
| Ratio | Value | Formula / Note |
|---|---|---|
| Earnings Per Share (EPS) | Rs 49.54 | As disclosed, FY2025 |
| Dividend Payout Ratio | ≈56.5% | PakFinHub calc: Rs 28 total FY2025 dividend/share ÷ Rs 49.54 EPS |
| Price-to-Earnings (P/E) | ≈9.9x | Third-party analyst estimate (Topline Securities), not calculated by PakFinHub or disclosed by Meezan — cited for reference only |
| Price-to-Book (P/B) | ≈2.6x | Third-party analyst estimate (Topline Securities) — same caveat as above |
| Dividend Yield | ≈6% | Third-party analyst estimate (Topline Securities) — same caveat as above |
Valuation ratios (P/E, P/B, dividend yield) depend on the live share price, which is PSX market data — we're citing third-party analyst figures rather than calculating our own from a live price, consistent with PSX's data redistribution terms. These will drift as the share price moves; treat them as indicative, not current.
Key Aspects Worth Understanding
Profit fell while ROE held steady
PAT dropped from Rs 101.5bn to Rs 89.0bn, but ROE still hit 34% — a reminder that ROE measures profit relative to equity, not an absolute profit trend.
Spread compression, not a demand problem
Net spread fell 12% YoY mainly due to a lower policy-rate environment, not weaker loan demand — classic interest-rate transmission into an Islamic bank's spread income.
Fee income is quietly growing
Non-funded income rose 13% YoY to Rs 32.6bn — a sign the bank is diversifying away from pure spread income, which matters more as rates fall further.
Conservative advances-to-deposits ratio
At ~51%, Meezan lends out roughly half of what it takes in deposits — conservative by conventional-bank standards, partly a structural feature of Islamic banks' asset-based financing model.
Capital buffer well above regulation
CAR of 19.2% against an 11.5% requirement gives meaningful headroom to absorb shocks.
Deposit growth outpacing the sector narrative
28% YoY deposit growth against a 28% rise in deposits crossing Rs 3.3tn — worth comparing against industry-wide deposit growth to see if Meezan is gaining share.
Latest Official Announcements
| Date | Announcement |
|---|---|
| Aug 17, 2026 | Cessation of directorship of Mr. Tariq Mahmood Pasha, Non-Executive Director |
| Aug 10, 2026 | Notice of book closure (Aug 19–20) for entitlement of second interim cash dividend, Rs 8/share (80%) |
| Aug 6, 2026 | H1 2026 results approved: standalone PAT Rs 48.88bn, EPS Rs 27.15; second interim dividend of Rs 8/share (80%) declared, on top of the Rs 7.50/share (75%) already paid for Q1 |
| Jul 27, 2026 | Notice of Board Meeting and Closed Period |
| Apr 23, 2026 | Q1 2026 results approved: PAT Rs 23.4bn, interim dividend Rs 7.50/share (75%) |
| Mar 2026 | Entity rating reaffirmed at AAA/A-1+ with Stable outlook by VIS Credit Rating Company |
| Feb 9, 2026 | FY2025 audited results approved: PAT Rs 89.0bn, final dividend Rs 7/share, total FY2025 dividend Rs 28/share (280%) |
Compiled from Meezan Bank's official results announcements on meezanbank.com. This list will need periodic refreshing — recommend checking meezanbank.com's Media Centre/Financial Information pages before each content update cycle.
PSX Company Announcements (Regulatory Filings)
| Date | Filing |
|---|---|
| Nov 18, 2025 | Notice confirming credit of interim cash dividend of Rs 7/share (70%) to shareholders, published per PSX disclosure requirements |
| Nov 6, 2024 | Disclosure of interest under PSX Regulation 5.6.4 — a bank executive's share transactions in MEBL stock reported to the exchange |
These are actual filings found on PSX's company announcements page for MEBL (dps.psx.com.pk/company/MEBL), not a complete or live feed — PSX publishes these on an ongoing basis (dividend notices, board meeting notices, insider transaction disclosures, etc.). For the current, complete list, see PSX's own announcements page directly.
Roshan Digital Account — Overseas Pakistani Program
$3.4 billion
Cumulative RDA inflows since inception, per Meezan's FY2025 results.
29% industry share
Meezan's share of total RDA inflows across all Pakistani banks — the largest single participant.
Meezan Roshan Resident Account
The bank's dedicated account product for overseas Pakistanis remitting and investing from abroad.
RDA Home Financing (Wazir-e-Azam Apna Ghar Program)
Eligible RDA customers can access Shariah-compliant home financing up to PKR 10 million, maximum 20-year tenure.
Meezan Easy Remit
Partnership with Tahweel Alrajhi/Alrajhi Bank (Saudi Arabia) letting senders credit remittances directly into a Meezan account or collect Cash-over-Counter at any branch.
RDA inflow figures are from Meezan's official FY2025 results; the Apna Ghar home-financing details are from Meezan's official promotional materials. Not sure which RDA account fits your situation? Our RDA Eligibility Finder walks through it in three questions.
Current Profit Rates on Deposit Accounts
| Account | Profit Payment | Rate (p.a.) |
|---|---|---|
| Rupee Saving Account (SA) | Monthly | 6.58% |
| Meezan Bachat Account (standard tiers) | Monthly | 6.58% |
| Meezan Asaan Remittance Savings Account | Monthly | 6.70% |
| Meezan US Dollar Savings Account | Monthly | 2.00% |
| Meezan Pound Savings Account | Monthly | 1.25% |
Source: Meezan Bank's official "Profit Rates" and Key Fact Statement disclosures, meezanbank.com — figures for June/July 2026. Islamic banks declare profit rates monthly rather than fixing an APR in advance; verify the current month's rate before opening an account.
Core Account Types
Meezan Rupee Savings Account
Standard Mudarabah-based savings account, 6.58% monthly-declared profit, full branch and digital access — the default choice for most savers.
Meezan Asaan / Digi Asaan Savings
Lower-documentation accounts under SBP's Asaan Account framework, aimed at easier onboarding; Digi Asaan opens fully online.
Meezan Student Savings Account
Savings account with relaxed opening requirements aimed at students without independent income proof.
Meezan Asaan Remittance Account
6.70% monthly profit — built specifically for people regularly receiving inbound remittances, with its own fee schedule.
Foreign Currency Accounts
USD (2.00%), GBP (1.25%), and EUR savings accounts — useful for holding remittance or travel funds without immediate conversion.
Certificate of Islamic Investment (COII, 1.5 Years)
Monthly profit payments with an expected return of 10% per annum. Actual profit varies month to month based on Mudarabah income, not a fixed guaranteed rate.
Meezan Aamdan Certificate (MAC)
Fixed-term Islamic investment certificate in 5.5- and 7-year tenures, for savers who don't need liquidity in the near term.
Islamic Naya Pakistan Certificates (INPC)
Mudarabah-based certificates for non-resident and resident Pakistanis (residents need declared foreign assets). June 2026 rates: PKR tenures 11.75%–12.75% depending on term (3 months to 5 years); USD/GBP/EUR tenures pay 4.75%–8.00%.
Meezan Kafalah
A children's-education savings plan with Takaful coverage, starting from Rs 2,000/month, with plan sizes ranging Rs 72,000 to Rs 15 million.
Meezan Senior Citizen Account
No minimum or maximum balance limit, monthly profit payment, a free Meezan Gold debit card (first card), and free pay order issuance. Persons with disabilities and widows can also open this account regardless of age. Structured as a Mudarabah-based savings account.
Meezan Women First Account
No minimum balance, free pay orders, a customized vertical debit card, free internet/mobile banking, Shariah-compliant consumer financing access, monthly profit payment, and a discount on locker charges for the first year.
Meezan Kids Club / Teens Club Account
Savings accounts for minors with their own debit cards, aimed at building early savings habits.
Meezan Freelancer Account
For Current Account holders: free chequebook and pay order, free online branch banking, and free internet/mobile banking — aimed at freelancers receiving project payments.
Consumer Financing — There Are No Conventional Loans Here
Easy Home
Home financing via Diminishing Musharakah — you and the bank jointly own the property; your ownership share grows with each payment until you own it outright. Marketed as Pakistan's first Shariah-compliant house finance scheme. Try our Easy Home Calculator to track your ownership over time.
Car Ijarah
Pakistan's first interest-free car financing. The bank buys the car and leases it to you for an agreed term; ownership transfers to you at the end for a nominal price. Locally assembled/manufactured vehicles. Try our Car Ijarah Calculator to see your rental.
Meezan Roshan Apni Car
Car Ijarah specifically for Roshan Digital Account holders (overseas Pakistanis) — no processing charges, no upfront Takaful payment, withholding tax on the vehicle purchase borne by the bank, and rental payments only start one month after vehicle delivery.
Core financing mechanics verified from Meezan Bank's official product pages (meezanbank.com). Senior Citizen, Women First, and Roshan Apni Car details are from Meezan Bank's official promotional/social media materials rather than a product page we independently fetched — treat as accurate but confirm exact current terms before acting.
Trade Finance & Export Financing
Corporate & Commercial Banking Segment
Covers trade finance, export finance, project finance, Ijarah, and bills of exchange for corporate and commercial customers — one of Meezan's four reported business segments alongside Retail Banking, Trading & Sales, and Others.
Export Finance Scheme
Concessional, short-term financing for exporters of manufacturing goods and services, aligned with SBP's export-support framework, with particular focus on value-added exports.
Murabaha Financing (export)
The bank buys goods on the exporter's behalf and resells them on deferred payment, with cost and profit margin fully disclosed upfront.
Musawammah Financing (export)
Similar sale-based structure, but the price is negotiated directly rather than disclosed against the bank's cost.
Sourced from Meezan's official export-financing product page (meezanbank.com) and its reported business-segment breakdown.
Digital Banking — Features, App, and SMS Shortcuts
Meezan Mobile App — core features
Balance & transaction inquiry, bill payments, fund transfers between Meezan accounts and to 1Link member banks, debit card block/unblock, branch/ATM locator, and product inquiry — all confirmed on Meezan's official mobile banking page.
App 2.0 — newer features
Biometric login with National ID/live-photo fallback, in-app Al Meezan mutual fund investing, Payoneer account linking (receive international Payoneer earnings directly in PKR), Raast QR payments to merchants, in-app Zakat & Sadqaat payment, mobile top-up, bill payments, and card management — confirmed from the app's current Google Play listing and Meezan's own promotional materials.
Daily transfer limits
Rs 5 million/day between your own Meezan accounts, Rs 2 million/day to other Meezan accounts (3PFT), Rs 1 million/day to other banks (IBFT).
SMS Banking
Instant balance inquiry, last 3 transactions over Rs 50, and debit card activation/deactivation by SMS — Meezan states this was the first such SMS card-activation service in Pakistan.
SMS & Email Alerts
Debit alerts, credit alerts, and cheque-bounce alerts, sent instantly on qualifying transactions. Subscribe via branch or call center; activation takes about 3 working days.
Payoneer for freelancers
Freelancers can open a new Payoneer account instantly through the Meezan Mobile App, or link an existing one, to receive global payments directly in PKR.
Public app ratings
Meezan Mobile App holds roughly 4.6★ on Google Play, based on public app store data as of mid-2026 — useful as a general signal, not a guarantee of your individual experience.
Official WhatsApp Channel
Meezan runs an official WhatsApp Channel for offers, service updates, and announcements — followable by QR code from Meezan's own promotional materials, separate from the WhatsApp banking/e-statement service.
WhatsApp E-Statements
Free, password-protected half-yearly statements delivered instantly to your registered WhatsApp number. Send "Hi" to 021-111-331-331 to register.
eBiz+ & Payroll Partner
Business customers can manage company accounts remotely via eBiz+, and process employee salaries through Meezan Payroll Partner.
Feature list and transfer limits confirmed from meezanbank.com/mobile-banking. Zakat/Payoneer/Raast in-app features and the WhatsApp Channel are confirmed from Meezan's own official promotional materials, not the mobile-banking product page directly. App ratings and reported user feedback themes are drawn from public Google Play/App Store listings, not from Meezan directly — commonly cited positives include feature depth and Islamic-banking focus, while recurring complaints in reviews mention biometric login friction and occasional transaction/support delays, both acknowledged and responded to publicly by the bank's support team on those platforms.
Cards & Current Discounts
Dining discount (Kaybees)
Up to 25% off at Kaybees restaurant for Meezan debit cardholders, capped at Rs 3,500 per transaction — Karachi only, per Meezan's official offer terms.
Gym access & discounts (Body Evolution)
Free gym access for Meezan Visa Infinite cardholders with free registration; 30% off the basic package for Mastercard World Debit holders; 20% off for Visa/Mastercard Platinum holders. Karachi only, one discounted transaction per card per month.
International Spend & Win (Visa)
A time-bound campaign (June 1 – August 31, 2026) rewarding international card spend: Rs 30,000 on a Classic card or Rs 200,000 on an Infinite card enters you for prizes ranging from an e-bike to an iPhone, across 10 winners per tier.
Umrah & Saudi Arabia usability
Meezan Visa Debit Cards are positioned for safe, globally-accepted use throughout Saudi Arabia for Umrah travel.
Duty-free discount (Unifree, Istanbul Airport)
10% off purchases of €200+ for Meezan Visa Debit cardholders, capped at €25 per transaction — valid till September 30, 2026.
Dining discount (1969 Restaurant, Islamabad)
Up to 40% off with Meezan Premium Debit Cards, capped at Rs 10,000 — valid till December 31, 2026, Islamabad only.
All of the above are sourced from Meezan Bank's official promotional/social media materials, not from a dedicated discounts page on meezanbank.com. Terms, dates, and city restrictions are exactly as stated in those materials — confirm current validity before relying on any offer, since promotional terms change.
Fees & Service Charges Snapshot
| Service | Charge |
|---|---|
| Interbank Fund Transfer (IBFT) | Free up to Rs. 25,000/month; above that, 0.1% of the transaction or Rs. 200, whichever is lower |
| Cheque book — Current Account | Free |
| Cheque book — Savings Account | Rs. 25/leaf (Non-Premium); free for Premium and Meezan Plus |
| Account closure | NIL |
| Debit card annual fee — Visa Classic / MasterCard Classic / PayPak | Rs. 3,500 |
| Debit card annual fee — Visa Infinite | Rs. 45,000 (requires Rs. 1M+ average balance) |
| Purchase — international (e-commerce, POS & NFC) | 4% of transaction amount |
| Car Ijarah upfront processing fee — domestic vehicle | Rs. 3,800/case (free for Women First segment) |
| Easy Home upfront processing fee | Rs. 10,000 |
As disclosed in Meezan Bank's official Schedule of Service Charges, effective 1 July to 31 December 2026. This is a snapshot of the most commonly asked-about charges, not the complete schedule — see our Rates & Accounts, Car Ijarah, and Cards & Discounts pages for the fees specific to each product. Weighing a card upgrade? Try our Card Upgrade Calculator.
How Meezan Bank Handles Customer Complaints
| Step | Channel |
|---|---|
| 1. First contact | 24/7 Call Center: 111-331-331 / 111-331-332, or email complaints@meezanbank.com |
| 2. Written escalation | Letter to "The Manager, Customer Care Unit," Meezan House, C-25, Estate Avenue, SITE, Karachi — response within 7–15 business days |
| 3. Independent ombudsman | Banking Mohtasib Pakistan (requires having first complained to the bank in writing) |
| 4. Regulator portal | SBP's Sunwai complaint portal (sunwai.sbp.org.pk) or its mobile app |
| 5. Overseas Pakistanis specifically | Grievance Commissioner Cell for Overseas Pakistanis, under the Federal Ombudsman Secretariat — a channel most local comparison sites don't mention |
Confirmed directly from Meezan Bank's official Contact Us and Grievances Commissioner pages. The bank also publishes a Consumer Financial Protection Framework committing to fair treatment, extra assistance for senior citizens and persons with disabilities, and confidential handling of customer data.
Ownership Structure
| Shareholder | Stake |
|---|---|
| Noor Financial Investment Company (Kuwait) | ~35% |
| Pak Kuwait Investment Company | ~30% |
| Islamic Development Bank | ~9% |
Stakes rounded from publicly reported ownership disclosures; consult Meezan's annual report for exact current figures, as these shift with periodic divestments.
Board leadership as of Meezan's Q1 2026 quarterly report: Riyadh S. A. A. Edrees is Chairman and Bader H. A. M. A. AlRabiah is Vice Chairman, alongside President & CEO Dr. Syed Amir Ali. Justice (Retd.) Muhammad Taqi Usmani chairs the Shariah Board.
Group Structure
| Entity | Relationship |
|---|---|
| Al Meezan Investment Management | 65% owned subsidiary — asset management |
| Meezan Exchange Company | 100% owned subsidiary — currency exchange |
Corporate Social Responsibility
Focus areas
Education, financial literacy, skill development, healthcare, disaster relief, environmental sustainability, and community welfare — aligned by the bank with the UN Sustainable Development Goals.
Ihsan Trust
An independent Waqf-based trust established in 2010 under the guidance of Meezan's Shariah Board. Meezan is its biggest supporter and strategic partner; the trust is reported to be the largest private interest-free loan provider for higher education in Pakistan.
Delivery channels
Funding, direct donations, scholarships, sponsorships, and distribution of charitable funds — administered partly through Ihsan Trust and partly directly by the bank.
Sourced from Meezan Bank's official CSR page (meezanbank.com/csr/) and Ihsan Trust's own site (ihsantrust.org).
Stated Strategic Priorities
Digital transformation
Explicitly named as a priority in the CEO's mandate on taking office — consistent with the App 2.0 features already covered above.
Continued Shariah-compliant growth
Reaffirmed as core to the bank's stated vision of making "Islamic banking the banking of first choice" in Pakistan.
Governance continuity
The multi-year succession plan (Dr. Ali joined as Deputy CEO in 2023, two years before formally taking over) signals an emphasis on stable governance transitions.
These are the bank's own stated priorities as reported in its official leadership announcement, not independently confirmed project plans or financial commitments — treat as direction, not guaranteed outcomes.
Common Questions People Ask
| Question | Answer |
|---|---|
| Do I need to visit a branch to open a digital account? | No, for Meezan Digital Asaan, Digital Remittance, and Digital Freelancer accounts, no documents are required through the Digital Account Opening App. A Rupee Current, Savings, or Bachat Account needs a scanned CNIC plus proof of income/funds. |
| What if in-app biometric verification fails during account opening? | You'll be asked for a scanned copy or photo of your original CNIC as a fallback. |
| Is Meezan's WhatsApp banking service actually safe, or is it a scam? | Meezan states it will never ask for card/account details, PIN, or password via WhatsApp — you only ever input the last 4 digits of your CNIC for one-time registration, and official WhatsApp links always route to meezanbank.com. |
| I got a call from Meezan's own helpline number asking for my details — is that really the bank? | No. Meezan has publicly warned that it never calls customers from its own UAN numbers (111-331-331 / 111-331-332) — fraudsters spoof these exact numbers using caller-ID masking technology. Treat any call from these numbers asking for confidential details as a scam. |
| I got a WhatsApp/SMS/Facebook message saying I won a prize and asking for an OTP — is that real? | No — this is a common phishing pattern Meezan has publicly warned about. Fraudsters send a fake "you've won" link; entering the OTP that follows hands the fraudster full access. Never share an OTP with anyone, regardless of who they claim to be. |
| I got a WhatsApp message from a "relative" with a payment screenshot asking me to send money urgently — is it real? | Treat it as fake by default. Meezan has warned that scammers impersonate relatives, send fabricated transfer receipts, invent urgency (e.g. a medical emergency), and ask for money to a different account. Always verify with a direct phone call before sending anything — never trust a screenshot alone. |
| Why was my Meezan Asaan Student Account application rejected? | The most common mistake: uploading the wrong document. The Digital Account Opening App requires a valid Student ID card specifically — marksheets or other documents are not accepted as proof. |
| Why is my digital account opening application delayed? | The most common cause: an incomplete or incorrect mailing address entered in the Digital Account Opening App. Double-check your full address before submitting. |
| How do I protect myself from social engineering scams beyond OTP/call scams? | Meezan advises: avoid posting sensitive personal data publicly, use strong passwords with multi-factor authentication, always verify the identity of anyone contacting you before responding, and never share confidential banking information with anyone regardless of who they claim to be. |
| Who is eligible for the Meezan Roshan Digital Account? | Non-Resident Pakistanis with a CNIC or NICOP, foreigners with a Pakistan Origin Card, and government employees posted abroad who've already opened the account. |
| Can I invest in mutual funds through the Roshan Digital Account? | Yes — once activated, it supports investment in SBP-permissible sectors, including the Shariah-compliant Islamic Naya Pakistan Certificate. |
| Is there a minimum balance to get free perks on the Meezan Plus current account? | Yes — a monthly average balance of Rs 200,000+ is required for additional fee waivers and perks. |
Sourced from Meezan Bank's official FAQ PDFs (meezanbank.com/wp-content/themes/mbl/downloads/) — Digital Account Opening App FAQs, Roshan Digital Account FAQs, Ways to Bank page, and Meezan Plus Account FAQs — plus fraud-awareness warnings from Meezan's own official promotional/social media materials.
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