Bank ?????

A bank is financial institution, which deals with

money and credit. It accepts deposits from
individuals, firm and companies at a lower rate
of interest and gives at higher rate of interest to
those who need them.
Meezan Bank Ltd
MBL Established with a mandate to pursue Islamic
Banking in 1997.
In 2002 MBL Converts itself into a full fledged
Islamic commercial bank.
In 2003 Meezan Bank Limited establishes itself as
the pioneer of Islamic Banking in Pakistan
In 2004 Meezan Bank acts as Shariah Structuring
Advisor for State Bank,

MBL History
In 2005 MBL becomes first customer of Islamic
Insurance by signing first Memorandum of
Understanding Mo U with Pak-Kuwait Takaful
Company Limited (PKTCL).
In 2006-2008 MBL becomes first Islamic bank to
introduce 8am to 8pm services for customers and
opens 166 branches in 40 cities of Pakistan.
In 2009 Meezan Bank having 42% Shares of Islamic
Banking branch network in the country with 201
branches in 54 cities across the country
MBL History
In2010 MBL has achieved yet another milestone
by establishing a branch network of 222 branches
in 63 cities across Pakistan within a short span of
8 years.
Meezan Bank now stands amongst the 10 largest
banks in Pakistan in terms of branch network
Mission Statement
To be a premier Islamic bank,
offering a one-stop shop for
innovative value-added products
and services to our customers

Core values:

Staff
Brand Personality
Relationship

Services
Labbaik Travel Aasaan
Online Banking
8 to 8 Banking
Ladies Banking
Home Remittance

Loss Sharing:
In case of any loss, it will be
shared by the members of
Investment Pool in ratio of
their investment.

Types of Accounts:
Minimum amount required to open account is Rs. 10,000
No charges if balances goes below Rs.10,000
Instant access to funds at any online branch.
No restriction on withdrawals or number of transactions
Bank balance certificates & duplicate statements of account
Stop Payment & Hold Mail instructions
24/7 Card your ATM & Debit Card in one
24/7 Call Center with complete Tele-banking services

No minimum balance required to open account
Profit will be paid for accounts with minimum amount of Rs. 10,000
No charges for minimum balance maintained
Instant access to funds at any online branch
Profit to be disbursed on monthly basis
Profit to be calculated on the basis of average balance of the month
No restriction on withdrawals or number of transactions
Bank balance certificates & duplicate statements of account

Minimum investment is only $100
Monthly profit payment for accounts minimum average monthly
balance of $500
All deposit to be invested in the bank under Mudarabah
arrangement
Profit to be disbursed on monthly basis
Bank balance certificates & duplicate statements of account
Zakat is not applicable on $ deposits.
Withholding tax as per law

Open to individuals only
No public/private limited company/sole proprietors/partnerships
accounts will be acceptable
Joint accounts in the names of individuals, however, will be allowed
Minimum amount required for investment is Rs.2 5,000
Maximum balance limit is Rs. 1,000,000
Zakat & W.H Tax is applicable

KMA is a high profile saving account
Profit paid on a monthly basis.
Minimum balance required for account opening is Rs. 1 million
No profit will be paid if average balance fall below 1 million
Free facilities: cheque books and pay orders
No restriction on withdrawals or deposits.
On-line banking facility will be allowed to KMA customers
Zakat & W.H Tax is applicable

Available for individuals, where customers can open a single / joint
account with family members
Labbaik Saving Plan is available for six (06) months to twenty (20) years
Labbaik Saving Account is a Pak Rupee account
Labbaik Saving Account is a non-chequing account, where no cheque
book or VISA Debit Card will be issued
It will be a Recurring Deposit Account, where customers will deposit
monthly contribution as per the deposit schedule plan

Free Cheque Books
Discount on trade services fee ( as may be approved)
Free services/attractions Following is a partial list of
Profit will be paid on monthly basis
Withholding tax and Zakat as per law
MBP is a variation of saving account with the features of a current
account
It is the first remunerative current account of Meezan Bank.
Open to individuals as well as corporate clients.
Minimum account opening balance is Rs. 100,000/-

The Riba-free Pound Saving Account is a Mudarabah-based
savings account that you can open and operate using UK Pounds

Therefore its an excellent business tool for individuals and
corporate clients both for meeting their business needs and for
diversifying their investment in different foreign currencies to
safeguard against currency fluctuation

Basic Features of Term Deposit
Certificates
A minimum investment amount of PKR 5 0,000/-. No maximum
amount ceiling exists.
Available tenures are 3 months, 6 months, 1, 2, 3 and 5 years.
Profit payment options include monthly, quarterly, as well as
maturity or bullet payment.
Monthly & Quarterly profit payments are available only in 1, 2, 3
and 5-year tenors.
Monthly profit payments require a minimum investment of PKR
200,000/-.
Acceptable currency is Pak Rupee only.
Available for Individuals, Entrepreneurs, SMEs, Association of Persons
and Public/Private Limited Companies.
Minimum investment shall be Rs. 100,000/- (Rupees One Hundred
Thousand).
Available tenures will be 5 years and 7 years.
Profit to be disbursed on monthly basis.
Free cheque book facility (introductory offer).
Minimum investment shall be Rs. 50,000/- for Widows and Senior
Citizens.

If early encashment is within one month, no profit shall be
applicable to the customer.
The minimum investment required is Rs. 100,000
Monthly profit payment will be given to customers current or
saving account
Pre-mature withdrawal options available.
Bank balance certificates
Free Online Banking services at our branch network nationwide
Dedicated Banking hours from 9am to 5pm (Saturdays 9am to
1:30pm)

Acceptable currency will be US Dollar only.
Open to individuals as well as corporate clients.
Minimum investment amount per certificate- US $ 10,000
Available tenures- 3 Months, 6 Months, 1 Year and 3 Years.
Deposit to be invested under Mudarabah arrangement
Profit sharing ratio for the Mudarib (Bank) and Rub ul Mal
(Customer) is announced at the beginning of each month.


List of main competitors:

HBL (HABIB BANK OF PAKISTAN)
BOP (BANK OF PUNJAB)
UBL (UNITED BANK LIMITED)
ABL (ALLIED BANK OF LIMITED)

Shariah Supervisory Board Board of directors Audit committee

President & CEO
Chief Operating Staff
Business Segment
Central

Lahore
Faisalabad
Multan
South-I
South-II
South-III
North
Corporate Banking
Consumer Banking
Commercial Banking
Treasury & financial
Institution
Investment Banking
Operations
Information technology
H.R
Service Quality
Alternative distribution
channel
Marketing
Training
Branch network
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Features:
Good Work Environment
Efficiency
Customer Services
Suggestions asked from Customers
Employee Benefits
Computerized Working Environment


Types of Accounts:

Individual
Joint
Partnership Account
Company Account
Club/Society/Association/Trust
Accounts
Minor
Proprietorship Account

Deposit department
Current or Demand Deposits
Saving Deposits
Fixed or Term Deposits
Call Deposits


Modes of payment

CHEQUES
MAIL TRANSFER
FOREIGN TELEGRAPHIC TRANSFER
DEMAND DRAFT
PAY ORDER
Remittance:
Inward remittance
Outward remittance
Inland remittance
Foregin remittance


Bills for collection:

Outward Bill for Collection (OBC)
Inward Bill for Collection (IBC)

Charity
Sources of Charity
2009
2010
Rs000 Rs000
OP Balance As at Jan 01 78169 118233
Additions During The year
Received From Customer In
Delayed payment 43362 41077
Dividend Purification 1142 343
Non shariah Compliant income 6666 64889
Profit on Charity Saving Account 3499 1818
Total 132838 226360
Less: Distribution of Charity
Education 1900 2283
Health 3537 200
Relief , Welfare and disaster Recovery 7000 135000
2168 150
Total 14605 137633
Meezan Bank Ltd
Income Statement
For the year ended 31 Dec 2010
1 Income Sch.No As on 31 Dec 2010
Rs000
Interest Earned 5678199
Other Income 2687274
Total 8365473
2 Expenditure
Interest Expended 4637393
Operating Expenses 1563917
Provision & Contingencies 18306
Total 6219616
3 Profit & Loss
Operating Profit 2145857
Shares of results of associates before taxation 297425
Profit before Taxation 2443282
Tax -543500
Profit After taxation 1899782
Profit & Loss B/F 1676242
Total 3576024
4 Appropriations
Transfer to Statutory reserves -66766
Transfer to Other Reserves -75690
Transfer to Government / Proposed Divined -74027
Balance Carried over to Balance sheet 3359541
Meezan Bank Ltd
Balance Sheet
As on 31 Dec 2010
Capital & Liabilities Sch.No As on 31 Dec 10
Rs000
Capital 6982550
Reserves & Surplus 1404326
Unappropriated profit 3359541
Non Controling Intrest 339827
Surplus & Revluation 339868
Other Liabilities & Provision 146383899
Total 158810011
Assets
Cash & Balances with SBP 12780951
Balance with Banks & money at call 9957757
and short notice
Due from financial institution 10511855
Investments 50519386
Advances 53995163
Fixed Assets 3095897
Other Assets 17949002
Total 158810011
Contingent Liabilities
Bills For Collection
Demand Liabilities of MBL
Demand Liabilities of MBL
2009 2010
Rs000 Rs000
Bill payable in Pakistan
1249210 1767370
Due to Financial institution
8326198 5745493
Out side of Pakistan
142227 83803
Current Account Nonremunerative
28666058 36970328
Saving Deposit
36357769 48406231
Margin On lC's
525275 649920
Un claimed Dividend
851 851
Return on deposits
740269 989421
Total
76007857 94613417
Time Liabilities:
Time Liabilities of MBL
2009 2010
Rs000 Rs000
Fixed deposit 32351628 44517241
Term Deposit due to financial institution 8468425 5829296
Provision For taxation 1484667 910560
Security Deposit Against Ajara 18117 78406
Total 42322837 51335503
Reserves:
Statutory Liquidity Reserve (SLR)
In terms of Section 29 of Banking companies Ordinance
1962 banks are required to maintain SLR in Cash gold or
unencumbered approved securities.

MBL maintain SLR 20% 66766000 in SBP.
Cash Reserve Requirement (CRR)
Every banking company shall maintain by way of cash reserve in cash
with itself or in current account opened with the SBP
Capital Adequacy Ratio(CAR)
CAR =
Tier1 + Tier2
Risk Weighted Assets
Tier1 = 10577314
Tier2 = 859665
Weighted Avg Assets = 921594
CAR of MBL is 12.41
Global Finance Names Meezan Bank
the Best Islamic Financial Institution
in Pakistan