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Meezan Bank, the premier Islamic bank, has earned Rs 604.251 million as profit after tax translating an earning per share of Rs 1.88 in the year ended on December 2006, as compared to profit after tax of Rs 419.455 million and earning per share of Rs 1.46 in 2005.
.Meezan Bank is the first Islamic Bank in Pakistan to offer Term Deposits in US Dollar. This product is especially designed for people who are interested in investing Dollars to earn Halal profits. With only a minimum of US$ 10,000 you can invest in Dollar Mudarabah Certificate in flexible tenures of 3 months, 6 months, 1 year, and 3 years.
We are pleased to advise that with effect from March 1, 2007 following new tier have been created in the Dollar Deposit Pool for Dollar Mudarabah Certificates (DMC). Our customers will now be able to earn higher profits on higher deposits The revision will be effective from 1st March 2007.
DMC 3 months |
10K – 49.9K |
DMC 3 months |
50 K & Above |
DMC 6 months |
10K – 49.9K |
DMC 6 months |
50 K & Above |
DMC 1 Year- Six monthly profit |
10K – 49.9K |
DMC 1 Year- Six monthly profit |
50 K & Above |
DMC 1 Year- Profit at maturity |
10K – 49.9K |
DMC 1 Year- Profit at maturity |
50 K & Above |
DMC 3 Years- Six monthly profit |
10K – 49.9K |
DMC 3 Years- Six monthly profit |
50 K & Above |
DMC 3 Years- Profit at maturity |
10K – 49.9K |
DMC 3 Years- Profit at maturity |
50 K & Above |
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