میزان بینک لمیٹڈ

Meezan Bank Limited operates as a Shariah-compliant bank in Pakistan. It provides a range of products and services. These cover personal, business, investment, and digital banking channels.

Personal and Consumer Banking

Meezan Current Account offers profit-sharing via Mudarabah. It requires a minimum average daily balance. Meezan Savings Account calculates profit on daily minimum balances. It allows unlimited withdrawals and fund transfers. The Meezan Asaan Account has zero minimum balance. It allows instant opening through biometric verification.

Meezan Express Account provides an instant overdraft facility up to PKR 100,000. This unused limit can automatically roll over for up to 3 years. Meezan Bachat Account features tiered profit rates. It includes a dedicated passbook and cheque book. Meezan Womens Savings Account offers priority biometric ATM access. It also provides discounts on Debit Card annual fees. Meezan Car Ijarah is a Shariah-compliant leasing product. Its tenor ranges from 1 to 7 years. Meezan Home Ijarah has an Ijarah tenor up to 20 years. Its profit rate is fixed for the initial 5 years. Meezan Consumer Ease provides a reusable financing limit from PKR 35,000 to 1,000,000. This product has a tenor up to 24 months under a Musawwamah contract.

Business, Investment, and Digital Banking

Meezan Business Current Account supports multi-currency sub-accounts. It integrates with corporate ERP via ISO 20022. Meezan Payroll Partner provides pre-issued payroll cards. It allows bulk salary uploads via API. Meezan Working Capital Finance is a revolving facility. It operates under a Running Musharakah contract. Its profit rate resets every 30 days. This facility can be collateral-free up to 80% of receivables.

Meezan Trade Finance offers Letter of Credit tenor up to 12 months. It includes ITFC confirmation. Performance guarantees are provided under an Istisnaa structure. Meezan Project & Term Finance aligns tenor to project cash-flows. It uses multi-book accounting for equity and debt. Meezan Term Deposit offers fixed-rate tenor options. These include 1, 3, 6, and 12 months. Premature withdrawal penalties are applied at a sliding scale. Meezan Certificate of Islamic Investment uses Mudarabah certificates. These certificates have tenors of 6 to 24 months. They offer secondary market tradability with real-time pricing. Meezan Capital Protected Plan provides principal protection via Shariah-compliant hedges. It is linked to Shariah-compliant equity index performance.

Digital Services and Core Technologies

Meezan Internet Banking features a customizable dashboard. It uses widget-based transaction modules. Two-factor authentication includes hardware token support. The Meezan Mobile App offers biometric login. Users can instantly block or unblock debit cards. Meezan Digital Account Opening uses eKYC via NADRA API. It issues instant IBANs upon biometric match. Meezan Pay supports Fonepay and MasterQR interoperability. It processes settlement via SBP's RTGS interface.

NFC-enabled Meezan Debit Cards allow contactless payments up to PKR 5,000. They feature EMV Chip & PIN with 3DSecure for online transactions. SkimGuard ATM Security provides an OTP challenge for ATM withdrawals. It also supports biometric ATM withdrawal via fingerprint. The bank uses Centralized Core Banking on Temenos. This system includes a single-instance multi-book ledger. Meezan Bank also maintains an Open API gateway for FinTech integrations.