Meezan Bank’s Shariah Supervisory Board holds meeting with the BOD

KARACHI

The Shariah Supervisory Board of Meezan Bank met the bank’s board of directors recently for a detailed meeting. The meeting also included a Shariah training session of the bank’s board of directors at Jamia Dar-ul-Uloom, Korangi Karachi.

The meeting was attended by bank’s Shariah Chairman Justice (Retd) Muhammad Taqi Usmani Supervisory Board and Shariah Supervisory Board Member Sheikh Esam Mohamed Ishaq.

Meezan Bank Riyadh Chairman Edrees and Meezan Bank Vice Chairman Faisal l-Nassar were also present at the meeting along with the bank’s President and CEO Irfan Siddiqui and Deputy CEO Ariful Islam.

During the Shariah training session, Sheikh Esam spoke to the board about the philosophy behind various aspects of Islamic finance. He also updated the board members about the growth and developments in this field as well as the issues being faced by Islamic banking in today’s world. The training program was followed by an interactive Q&A session.

In his meeting with the board of directors, Mufti Muhammad Taqi spoke highly about Meezan Bank and appreciated the directors for their contribution in making Meezan Bank a success story.

He also admired the commitment of the bank’s management towards the cause of Islamic banking and emphasised that sincerity towards the cause of Islamic banking was an important factor in the bank’s success.

Edrees thanked Mufti Muhammad Taqi Usmani for his valuable guidance and continued support to the bank. He also reiterated the board’s commitment towards Meezan Bank as well as towards the success of Islamic Banking in Pakistan.

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