KARACHI: The Meezan Bank Board of Directors met on Thursday to approve the financial statement for the nine-month period ending September 30. Meezan Bank’s other income grew by 7pc, from Rs6.72 billion last year to Rs7.17 billion this year. The recent results have proven Meezan Bank’s position as the leading Islamic bank in the country. Meezan Bank originally started off in 1997 as Al-Meezan Investment Bank, an Islamic investment bank. Since 2001, Meezan Bank’s deposit base has grown at an average rate of 37.7pc per year.

Source: Pakistan Today October 22, 2020 18:45 UTC