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Meezan Bank was founded as an Islamic investment bank in 1997 by Noor Financial, Pak Kuwait Investment Company, and Islamic Development Bank. [5] It was then known as Al-Meezan Investment Bank. [6] In 2000, Meezan Bank was listed on the Karachi Stock Exchange. [7] In 2002, Meezan Bank acquired Pakistan operations of Société Générale. [8]
Mizan,or Meezan (English: balance, scale, Urdu: ميزان) is a comprehensive treatise on the contents of Islam, written by Javed Ahmad Ghamidi, a Pakistani Islamic scholar and philosopher. It is published in Urdu by Al-Mawrid Institute of Islamic Sciences. The book is also available in the form of different booklets.
qard ( The client acts as the borrower and the bank as a lender.); [395] bai al-ina/wadiah (The bank sells the customer some item/commodity at a certain price and then shortly thereafter repurchases from the client at a lower price. The difference between the two prices is the income of the bank for its trouble administering the card.
Allameh Tabataba’i. Al-Mizan fi Tafsir al-Qur'an (Arabic: الميزان في تفسير القرآن, "The balance in Interpretation of Quran"), more commonly known as Tafsir al-Mizan (تفسير الميزان) or simply Al-Mizan (الميزان), [1] is a tafsir (exegesis of the Quran) written by the Shia Muslim scholar and philosopher Allamah Sayyid Muhammad Husayn Tabataba'i (1892–1981).
On the 26th of September 2005, Dubai Bank joined the sponsors and became one of the founding shareholders of BankIslami by investing 18.75% in the total capital. The bank started its operations on 7 April 2006 and began offering shariah-compliant retail banking , investment banking , consumer banking , and trade finance products.
The Islamic Development Bank (Arabic: البنك الإسلامي للتنمية, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia.
Mizan (Arabic: ميزان, lit. 'balance') is a concept in the Quran, which has been described as "the principle of the middle path" [1] and "the overarching divine principle for organizing our universe". [2] Azizah Y. al-Hibri argues that Mizan, as the "divine scale", could be transformed into Adl in human realm. [2]
Bank Islam Malaysia Berhad (Jawi: بڠك اسلام مليسيا برحد ) is an Islamic bank based in Malaysia. It was established in July 1983. [ 1 ] Bank Islam was established primarily to address the financial needs of the country's Muslim population and extended its services to the broader population.