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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]
Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Saudi National Bank (Samba Financial Group|Samba Bank (Pakistan) Limited)
The Institute of Bankers Pakistan (IBP), (Urdu: ادارہَ بینکارانِ پاکستان) established in 1951, is Pakistan's premier banking training institute, which aims to develop and groom a cadre of banking and financial services professionals on continuous basis. It is an ISO-9001-2000 Certified Organization.
Usmani pioneered the concept of Islamic banking in Pakistan when he established the Meezan Bank. [ citation needed ] Usmani has authored books in Arabic, Urdu, and English on Islamic topics in addition to articles on Islamic banking and finance published in journals and magazines.
It was created as a joint effort by the Karachi Stock Exchange (now known as Pakistan Stock Exchange) and Al-Meezan Investment Bank (now known as Meezan Bank Limited). [2] The index is calculated using free float market capitalization. At any point in time, the level of the index reflects the free float market value of selected Shariah ...
The State Bank of Pakistan gained autonomy, and United Bank Limited, which had collapsed, was recapitalized under central bank management. [1] In 1997, Pakistan initiated banking reforms to address long-standing issues within major state-owned banks, such as the National Bank of Pakistan (NBP), Habib Bank Limited (HBL), and United Bank Limited ...
JS Bank Limited (JSBL) (Urdu: جے ایس بینک) is a Pakistani commercial bank headquartered in Karachi.It operates as a subsidiary of Jahangir Siddiqui & Co. Limited (JSCL), a financial conglomerate in Pakistan The bank was established in April 2007 as a result of the merger of two banks, Jahangir Siddiqui Investment Bank Limited and American Express Bank.
Murree Brewery is a Pakistani multinational manufacturer of alcoholic and non-alcoholic beverages.It is Pakistan's largest and oldest producer of alcoholic products. In 2015, it produced 10 million litres of beer, along with hundreds of tons of single malt whisky, vodka and brandy.