IslamicFinance.de

The 18th Shariah Supervisory Board meeting of Meezan Bank Limited took place at the Darul Uloom Korangi on 5th january.
Shariah Board stated performance and growth of the bank and expressed satisfaction with the Shariah-conformity of the bank's products and overall business and transactions. The statement added that several important matters containing the proposal for an Ijarah-based financing product for manufacturing companies of the SME sector and the establishment of an Islamic Counter at the Karachi Stock exchange were reviewed by the Shariah Board.