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Meezan Bank starts 12-hour Service

25 July, 2007

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ISLAMABAD: Meezan Bank that claims to be the first and largest Islamic Bank of Pakistan has introduced 12-hour banking in Islamabad starting from 8:am till 8:pm.

The bank which has been given the status of an Islamic Bank by the State Bank of Pakistan some five years ago has already started 12-hours banking at select branches in Karachi, Lahore and Faisalabad.

The long operation hours of the bank have been designed to enable its clients to do banking at their convenience.

A ceremony was held at Jinnah Super Market branch of the bank to mark the joyous occasion.

The launching ceremony of 8:am to 8:pm banking was inaugurated by the Former Vice President-FPCCI Malik Zubair Ahmed and attended among others by senior officials of the bank, representative of Chamber of Commerce & Industry and traders of Jinnah Super Market, Islamabad Speaking on the occasion.

Malik Zubair Ahmed who is also Secretary General of SAARC presided the outstanding performance of the bank of mentioning its audit report 2005-06 as very impressive.

He said the bank provides right timing Islamic banking and golden opportunity for the traders to opt for a mode of banking that is interest-free.

Mohammad Salim Khan General Manager Meezan Bank North Region highlighted the salient features of the bank and said that all the products the bank is offering have to be vetted by Sharia Board and Justice (Retd) Taqi Usmani is the Chairman of the bank.

There are experts from Bahrain, Kuwait and Saudi Arabia, which guide the policies of the bank. Afzal Mujtaba Bank Manager, Jinnah Super Market Branch conducted the show that was not only simple but impressive as well. Later, the Chief guest cut the cake to mark the opening of the 12-hour banking and that too in an Islamic Way.

The bank has another branch in F-10 sector, which also offers full range of banking serve. After 5:pm till 8:pm the clients would be able to carry out the following transactions (value next day) that meet most of their daily banking requirements.

Acceptance of cash, acceptance of cheques for collection and clearing, acceptance of transfer instructions, acceptance of Cheques Book, Pay Order Bank Draft requests, Locker operation (where locker facility is available) accepting ATM, Telephone Banking and Internet Banking requests.

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