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INTERNSHIP REPORT ON
MEEZAN BANK ABBOTTABAD(1501)
BY
Mubasher Nazir
BBA HONS (Finance)
ROLL NO: 8!8
SESSION "##$%"#
HA'ARA NIERSITY MANSEHRA
HAZARA UNIVERSITY MANSEHRA.
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In*ernshi+ Re+,r* ,n Meezan Ban- Abb,**aba.
This In*ernshi+ Re+,r* Is Sub/i**e. In Par*ia0 Fu01i00/en* O1 The Re2uire/en*s
F,r The 3e4ree O1 Bache0,r O1 Business A./inis*ra*i,n A5ar.e. B6 The Hazara
ni7ersi*6 Mansehra
HA'ARA NIERSITY MANSEHRA
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HA'ARA NIERSITY MANSEHRA
A++r,7a0 Shee*
A++r,7a0 ,//i**ee
&9 E*erna0 Ea/iner
Mr. _____________________________________________
Signature_______________
"9 Su+er7is,r
Mr. ____________________________________________
Signature_______________
;9 Hea. ,1 3e+ar*/en*
Mr. ___________________________________________
Signature ________________
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3e.ica*e. T,
My dearest Parents and My Respected Teachers h! "!ti#ate and enc!urage "e in e#ery aspect
!$ "y %i$e and a $e Specia% &riends h! ha#e 'een supp!rting and c!!perating ith "e t!
acc!"p%ish this tas(.
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ABSTRAT
M!dern 'an(ing syste" as intr!duced int! the Mus%i" c!untries at a ti"e hen they ere
p!%itica%%y and ec!n!"ica%%y at %! e'') in the %ate *+th century. ,ith the passage !$ ti"e)
h!e#er) and !ther socio-economic forcesde"anding "!re in#!%#e"ent in nati!na% ec!n!"ic
and $inancia% acti#ities) a#!iding the interacti!n ith the 'an(s 'eca"e i"p!ssi'%e. As c!untries
'eca"e independent,the need t! engage in 'an(ing acti#ities 'eca"e una#!ida'%e and urgent.
-!#ern"ents) 'usinesses and indi#idua%s 'egan t! transact 'usiness ith the 'an(s) ith !r
ith!ut %i(ing it. This state !$ a$$airs dre the attenti!n and c!ncern !$ Muslim intellectuals. The
st!ry !$ interest$ree !rIslamic banking'egins here. The hist!ry !$ interest$ree 'an(ing can 'e
di#ided int! t! parts. &irst) hen it sti%% re"ained an idea/ sec!nd) hen it 'eca"e a rea%ity. The
%iterature !$ the peri!d 'egins ith e#a%uati!ns and ends ith atte"pts at $inding ays and
"eans !$ c!rrecting and !#erc!"ing the pr!'%e"s enc!untered 'y the e0isting 'an(s. 1uring the
%ast $e decades interest-free banking attracted "!re attenti!n) part%y 'ecause !$ the political
interestit created in Pa(istan and part%y 'ecause !$ the e"ergence !$ y!ung Mus%i" ec!n!"ists.
Mee2an 'an( is thefirst Islamic bankand is there$!re rec!gni2ed as !ne !$ the pi!neer 'an(s
that pr!"!tes Ri'a$ree 3interest $ree4 'an(ing acti#ities a%% !#er the c!untry. The 'an( has
de#e%!ped an e0tra!rdinary research and de#e%!p"ent capa'i%ity 'y c!"'ining in#est"ent
'an(ers) c!""ercia% 'an(ers) Shariah sch!%ars and %ega% e0perts t! de#e%!p inn!#ati#e) #ia'%e)
and c!"petiti#e #a%ue pr!p!siti!ns that n!t !n%y "eet the re5uire"ents !$ t!day6s c!"p%e0
$inancia% !r%d) 'ut d! s! ith the !r%dc%ass ser#ice e0ce%%ence hich !ur cust!"ers de"and)
a%% ithin the '!unds !$ Shariah.
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TABLE OF ONTENTS
Ac(n!%edg"ents i
Pre$ace ii
E0ecuti#e Su""ary iii
HAPTER &
In*r,.uc*i,n *, Re+,r*
*.* 7ac(gr!und 8$ The Study 9*
*.: Purp!se 8$ The Study 9*
*.; Sc!pe 8$ The Study 9*
Research Meth!d!%!gy 9:
*.< Sche"e 8$ Study 9:
HAPTER "
In*r,.uc*i,n *, Ban-in4 #;
:.* E#!%uti!n 8$ 7an(ing 9=
:.: &air%y -r!rh 9=
:.; 3*>:? *@?> 7 4 9=
:.= >?@ 7 9=
:.< M!dern 7an(ing 9=
:.> Type 8$ 7an(ing 9 apita% can 'e In#ested in a 7usiness #enture **
;.@ Ri'a **
;.? !""ercia% interest and usuey *:
HAPTER =
His*,r6 O1 Meezan Ban- > &$
=.* *++@:99+ *
=.; !rp!rate Va%ues *>
=.= 7ac(gr!und Re#ie *+
HAPTER $
,/+rehensi7e Business S,0u*i,n ""
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HAPTER%!
Meezan Tea/ "!
>.* Treasury And &inancia% Intuiti!n :?
>.: Ec!n!"ic 8ur Vie :?
HAPTER
?ha* I Ha7e Learn As A In*ernee ;"
?.* Acc!unt 8pening ;
?.; erti$icate 8$ Is%a"ic In#est"ent ;+
?.= In#est In erti$icate 8$ Is%a"ic In#est"ent ;+
?.< a%% 1ep!sit Receipt =9
?.> he5ues &!r !%%ecti!n =:
?.@ @thAnd ?th,ee(s At Mee2an 7an( =;
HAPTER
+.: Rati! Ana%ysis
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,nc0usi,ns !#
**.* &inancings >9
**.: Ter" Structure 8$ In#est"ent 7y :9 Is%a"ic 7an( )*+?? >*
HAPTER &"
Rec,//en.a*i,n !!
*:.* Per$!r"ance Appraisa% >>
*:.: Pr!per !' R!tati!n >>
*:.; &air 7ene$its >>
*:.= 8#er%!ad 8$ ,!r( >@
*:.< redi'i%ity 8$ ust!"ers >@
*:.> ust!"er Re%ati!nship >@
*:.@ E"p!er"ent 8$ E"p%!yees >?
*:.? Mar(eting u%ture >?
*:.+ Hea%th Acti#ities >?
Re$erences @9
7i'%i!graphy @*
Appnde0 @ ti"es. I ha#e a%s! "enti!ned the pr!ducts hich the 'an( is
!$$ering t! its cust!"ers and then I ha#e gi#en a 'rie$ !#er#ie !$ di$$erent p!%icies !$ the 'an(.
In third chapter I ha#e discussed a'!ut the c!ncept !$ Is%a"ic 'an(ing acc!rding t! !ur re%igi!n.
this chapter 'egins ith the Is%a"ic $inance and the ec!n!"ic gr!th !$ Is%a"ic 'an(ig.$urther I
ha#e discussed the g!a%s !$ Is%a"ic 'an(ing.) and Is%a"ic the!ry ha#e a%s! discussed
Mushara(ah G Mudara'ah and its uses .In $!rth chapter there is the hist!ry !$ Mee2an 'an() its
!rigin and 'asics) #isi!n and "issi!n state"ent) the c!rp!rate #a%ues and the !rgani2ati!na%
structure.
In thchapter the 'usiness !$ "ee2an 'an( is discussed the pr!ducts and ser#ices !$ the
"ee2an 'an( are discussed in this chapter. this chapter a%s! te%%s us a'!ut the 'ranch net!r( !$
Mee2an 'an(. $urther I ha#e discussed the "ee2an tea". the @ thchapter is the detai% !$ "y h!%e
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internship that hat I ha#e %earned in ? ee(s the chapter is 'ased !n the day 'y day
per$!r"ance. In the ?thchapter I ha#e discussed a'!ut $inancia% ana%ysis. I d! the c!""!n si2e
ana%ysis !$ the and c!"pany $!r this purp!se I ta(e the data !$ %ast $i#e years. Then I d! the rati!
ana%ysis and in %ast I ana%y2e the net inc!"e) EAT) dep!sits) E7IT) %!ans and ad#ances !$ the
'an( during %ast $i#e years. In +thchapter I ha#e gi#en the s!t ana%ysis !$ Me2an 7an(. S!t
ana%ysis is d!ne (eeping in the #ie hat I ha#e seen and $e%t in the 'ranch during "y intership.
In the *9thchapter I ha#e gi#e the c!nc%usi!ns !$ "y internship that the Mee2an 'an( is n!
ha#e a g!!d reputati!n in "ar(et.
In **th chapter I ha#e gi#e s!"e pers!na% rec!""end i!ns as h! 'an( can i"pr!#e its
per$!r"ance and then I ha#e rite the c!nc%usi!n a'!ut "y internship as e%% as rep!rt. And in
%ast I "enti!ned s!"e i"p!rtant re$erences and e' sights $r!" here I get the he%p during
preparati!n !$ "y rep!rtrnship.
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HAPTER &
INTRO3TION TO REPORT
&9&) Bac-4r,un. ,1 s*u.6 :
Mee2an 7an( Btd has gr!n t! 'ec!"e the %argest Is%a"ic 'an( in the c!untry. The 'an(
c%ai"s t! 'e the Pa(istan pre"ier Is%a"ic 'an( deter"ined t! set higher standards !$
achie#e"ents . The 'an( c!"es in t! e0istence 'y the !rder pr!"u%gated 'y g!#ern!r genera%
and standard $uncti!ning $r!" N!# :9) *++@
Mee2an 7an( is the "aD!r 'usiness partner !ur g!#ern"ent !$ Pa(istan ith specia% e"phasis !n
$!stering Pa(istan ec!n!"ic gr!th thr!ugh aggressi#e and 'a%anced %ending p!%ices)
techn!%!gica%%y !riented pr!ducts and ser#ices !$$ered thr!ugh its %arge net!r( !$ :9;
'ranches .
&9") Pur+,se ,1 s*u.6 :
The purp!se !$ study is t! get "!re (n!%edge a'!ut the structure and $uncti!n !$ the
depart"ent !$ M7B has c%ear picture !$ its $inancia% hea%th in particu%ar . &!r this purp!se a
thr!ugh $inancia% ana%ysis thr!ugh c!""!n si2ing and rati! ana%ysis !$ the 'an() is carried !ut t!is t! Dudge the actua% $inancia% standing !$ the 'an( .
S!%id rec!""endati!ns are gi#en !n a%% aspects t! $urther i"pr!#e the $uncti!ning !$ the 'an( .
&9;) Sc,+e ,1 *he s*u.6 :
The ti"e durati!n !$ eight ee(s is a 5uite insu$$icient $!r c!nducting c!"p%ete study and
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!'ser#ati!n !$ %arge 'an(. 7eing a specia%i2ing in $inance) the "ain $!cus !$ study is its $inancia%
aspects inc%uding the $inancia% hea%th !$ the 'an( and its c!"paris!n ith pre#i!us year
per$!r"ance .
S!"e !$ the pr!'%e"s $aced 'y the 'an( ha#e 'een identi$ied and s!"e re"edies ha#e a%s! 'een
suggested t! !#erc!"e these pr!'%e"s and i"pr!#e the pre#ai%ing $inancia% c!nditi!n !$ the
'an( .
&9=) Research Me*h,.,0,46:
M7B is !ne !$ the %eading and esta'%ishes 'an( !$ the c!untry. It has a %arge step !$
depart"ents and a 'ig !rgani2ati!na% structure. ,hi%e !r(ing in a 'ranch !$ the 'an( ) it is n!t
p!ssi'%y t! th!r!ugh%y c!#er a%% the areas !$ the 'an( ) as it re5uires "!re ti"e and eight ee(s
are in n! ay su$$icient t! d!.
1i$$erent t!!%s and techni5ues ere use t!gether re%e#ant in$!r"ati!n $!r riting the rep!rt $irst
inter#ie ere ta(en $r!" the "anager and !ther sta$$ "e"'er !$ the 'an(. &!r this purp!se
s!"e unstructured 5uesti!n ere as(ed and depending !n the" s!"e c!nc%usi!n ere "ade.
Sec!nd%y) the %iter D!urna% $r!" regi!na% head 5uarter and sta$$ c!%%ege ere a%s!re#ieed hich ga#e #ery use$u% in$!r"ati!n a'!ut the $uncti!ning !$ the 'an(.
I a%s! #isited the M7B !$$icia% e'site i.e. www.meezanbank.com hich ga#e #ery use$u%
in$!r"ati!n a'!ut $uncti!ning !$ the 'an(.
My pers!na% !'ser#ati!ns during the sh!rt stay a%s! he%ped "e t! c!%%ect a'!ut this speci$ic
'ranch.
&9$) Sche/e ,1 s*u.6 :
The sche"e !$ study !$ the rep!rt is as under .
* Part !ne is a'!ut the intr!ducti!n !$ the study) hich inc%udes its 'ac(gr!und) purp!se and
sc!pe !$ the study research "eth!d!%!gy and the sche"e !$ study .
: Part t! is a'!ut the %iterature re#ie) !$ the 'an( ) the depart"entati!n and its $uncti!n) and
detai% study !$ the credit depart"ent . Part three is a'!ut the $inancia% ana%ysis !$ the 'an()
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hich inc%udes the rati! ana%ysis) c!""!n si2e ana%ysis) c!"parati#e ana%ysis and inde0
ana%ysis .
; Part $!ur is inc%udes S,8T ana%ysis) pr!'%e"s and rec!""endati!ns prescri'e $!r the 'an(
t! $urther i"pr!#es its $uncti!ning .
HAPTER "
INTRO3TION TO BAN@INC
?HAT IS BAN@D
7e$!re g!ing t! start e "ust (n! that hat is 'an( Bi(e "any !ther su'Dects and s!cia%
sciences n! any precise de$initi!n can 'e gi#en $!r the study !$ 'an(ing a%s!. 1i$$erent auth!rs
ha#e de$ined and descri'ed this su'Dect) (eeping in #ie the particu%ar $uncti!ns !$ 'an(ing.
Mr. Paget says JN! !ne and n! '!dy c!rp!rate can 'e a 'an(er h! d!es n!t !penK
* urrent Acc!unt
: Pays che5ues dran up!n hi"
; !%%ects che5ues $!r the cust!"ers
Mr. Fin%y says J7an( is an instituti!n hich recei#es dep!sits and ad#ances %!ansL.
The de$initi!n %aid d!n in the 7an(ing !"panies Act *+>: is J7an(ers "eans a pers!n)
transacting the 'usiness !$ accepting $!r the purp!se !$ %ending !r in#est"ent) !$ dep!sits !$
"!ney $r!" pu'%ic) repaya'%e !n de"and !r !therise and ithdraa%s 'y che5ues) dra$ts !r
!rders !r !therise and inc%udes any P!st 8$$ice Sa#ing 7an(.L
In #ie !$ the a'!#e de$initi!ns) in si"p%e !rds a 'an( can 'e de$ined as an instituti!n dea%ing
in "!ney) accepting dep!sits and ad#ancing %!ans.
3e1ini*i,n
There are di$$erent !pini!ns a'!ut the !rigin !$ the !rd J7an(L. Acc!rding t! s!"e auth!rs the
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!rd 'an( is deri#ed $r!" Batin !rd J7ancusL !r J7an5ueL hich "eans a 'ench. The
e0p%anati!n !$ this !rigin is attri'uted t! the $act that the es in B!"'ardy transected the
'usiness !$ "!ney e0change !n 'enches in the "ar(et p%ace. ,hen the 'usiness $ai%ed) the
pe!p%e destr!y the 'ench. Incidenta%%y the !rd 'an(rupt is said t! ha#e 'een e#!%#ed $r!" this
practice.
Ori4in:
The !pp!nents !$ this !pini!n argue that i$ it as s!) then h! is it that the Ita%ian
"!neychangers ere ne#er ca%%ed 7unchier in the "idd%e ages. 8ther auth!rities h!%d the
!pini!n that 7an( is deri#ed $r!" -er"an !rd 'ac( hich "ean D!int st!c( $und. Bater !n)
hen the -er"an !ccupied "aD!r part !$ Ita%y) the 7ac( as ita%ici2ed int! 7an(.
"9&) E7,0u*i,n ,1 ban-in4
The !rd 7an( deri#ed $r!" the !rds J 'ancus !r 'an5ue hich "eans a 'ench .
The !rd 'an( is deri#ed $r!" the -er"an !rd 7an( hich D!int St!c( &und .
"9") Ear06 4r,5*h
7a'y%!nians h! de#e%!ped 'an(ing syste" as ear%y as :999 7 .Te"p%es !$ 7a'y%!n ere usedas 7an(s .
"9;) &!"8 &8! B 9
(ing Ha""ura'i the $!under !$ the 7a'y%!nian e"pire de up a c!de here in he %aid d!n
standard uses !$ pr!cedure $!r 'an(ing !perati!ns 'y te"p%es and great %and !ners .
Su"erians ) 7a'y%!nians) Hittites and Assyrians standardi2ed the #a%es !$ g!!ds in si%#er )
c!pper) 'r!n2e !r e%ectru" .
"9=) !8 B9
-yges ) (ing !$ Bydia) casted e%ectru" ing!ts !$ identica% shape and uni$!r" eight. As an
!$$icia% guarantee !$ #a%ues in >?@ 7.
In -reece) the te"p%es !$ Ephesus and 1e%phi ere the 'iggest 7an(s .
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The ear%iest (n!n pu'%ic 'an( is said t! 'e the 'an( !$ Venice hich as esta'%ished in **
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The c!""ercia% 'an(s recei#e $r!" the genera% pu'%ic hich are repaya'%e !n de"and up!n
ritten !rders !$ dep!sit!rs. The c!""ercia% 'an(s are a%s! distinguished $!r pr!#iding sh!rt
ter" $inance t! trade ) c!""erce and industry t! ena'%e these sect!r t! e0pand their
pr!ducti#e acti#ities .
"9 Merchan* ban-s :
Merchant 'an(s are th!se hich ha#e 'een "ain%y $inancing the d!"estic and internati!na%
trade in united (ing 1!" . 1uring the %ate *?thand *+thcentury the trade 'eteen c!untries
as $inanced 'y 'i%%s !$ e0change 'y e%% reputed "erchant h!uses $!r hich they !u%d
charge a c!""issi!n $!r their ser#ice .
;9Sa7in4 Ban-s :
The 'asic purp!se !$ these 'an(s is t! incu%cate the ha'it !$ sa#ings in the pe!p%e . The
sa#ing 'an( dep!sits are n!t repaya'%e up!n the ritten !rders !$ the dep!sit!r 'ut the
dep!sit!r !r his agent has t! appear pers!na%%y at sa#ing 'an( t! "a(e ithdraa% ) and $!r
this purp!se he "ust present a pass '!!() a certi$icate !$ dep!sit !r s!"e si"i%ar d!cu"entst! pr!#e his right t! recei#e pay"ent.
=9 M,r*4a4e Ban-s :
These 'an(s "ain%y dea% in %!ans $!r the ac5uisiti!n !r c!nstructi!n !$ rea% estate against the
security !$ "!rtgages . Sa#ing and %!ans ass!ciati!ns and $ar" _%!an ass!ciati!ns are s!"e
!$ the e%% (n!n $!r"s !$ the "!rtgage 'an(s .
$9 ,nsu/er Ban-s :
These 'an(s pr!#ides $inance $!r purchasing c!nsu"pti!n g!!ds $!r the use !$ the '!rr!ers
. sa%es $inance and credit uni!ns are s!"e !$ the p!pu%ar $!r"s !$ c!nsu"er 'an(s
!9 In7es*/en* Ban-s :
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The in#est"ent 'an(s asset 'usiness h!uses and g!#ern"ent '!dies t! raise "!ney thr!ugh
the sa%e !$ st!c(s and '!nds $!r usua%%y %!ng ter" purp!ses .
9 3e7e0,+/en* Ban-s :
The 'an(s ha#e 'een esta'%ished t! pr!#ide %!ngter" de#e%!p"ent $inance t! the trade)
c!""erce) and industry.
89 ,,+era*i7e Ban-s :
These are the 'an(s esta'%ished and registered as a c!!perati#e #enture t! pr!#ide 'an(ing
$aci%ities t! the "e"'ers !$ the c!!perati#e .
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'an(ing syste" as $uncti!ning satis$act!ri%y ith as "any as *=)
"9
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HAPTER ;
INTRO3TION TO ISLAMI BAN@INC
;9& Is0a/ic Finance
Is%a"ic $inance as practiced pred!"inant%y in the Mus%i" !r%d thr!ugh!ut the "idd%e Ages)
$!stering trade and 'usiness acti#ities ith de#e%!p"ent !$ credit . In Spain and the
Mediterranean and 7a%tic states ) Is%a"ic "erchants 'eca"e indispensa'%e "idd%e"an $!r trading
acti#ities. In $act Eur!pean $inancier and 'usiness"en %ater ad!pted "any c!ncepts) techni5ues)
and instru"ents !$ Is%a"ic $inance. The $inancia% syste" is $!unded !n the a's!%ute pr!hi'iti!n
!$ the pay"ent !r receipt !$ any predeter"ined. granted rate !$ return .this c%!ses the d!!r t! the
c!ncept !$ interest and prec%udes the use !$ de't 'ased instru"ent . The syste" enc!urages ris(
sharing pr!"!tes entrepreneurship) disc!urages specu%ati#e 'eha#i!r) and e"phasi2es the
sanctity !$ c!ntracts .
;9" The Is0a/ic Ec,n,/ic S6s*e/
8ne !$ the $!r"s !$ capita%is") hich has 'een $%!urishing in n!n Is%a"ic s!cieties ) is the
interest 'ased in#est"ent . There are n!r"a%%y t! participant in such transacti!n . !ne is the
in#est!r h! pr!#ides capita% !n %!an and !ther "anager h! run the 'usiness . The in#est!r has
n! c!ncern hether the 'usiness run in t! pr!$it !r %!ss he aut!"atica%%y get interest .
3is*ribu*i,n O1 ?ea0*h
The distri'uti!n !$ ea%th is !ne !$ "!st i"p!rtant and c!ntr!#ersia% su'Dect c!ncerning the
ec!n!"ic %i$e !$ "an hich has gi#en 'irth t! g%!'a% re#!%uti!n in t!day6s !r%d and a$$ectede#ery sphere !$ hu"an acti#ity $r!" internati!na% p!%icies d!n t! the pri#ate %i$e !$ the
indi#idua% .
;9;The I/+,r*ance O1 The Ec,n,/ic C,a0s
Is%a" is !pp!sed t! "!nasticis") and #ies the ec!n!"ic acti#ities !$ "an 5uite %a$u%)
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"erit!ri!us and s!"eti"es e#en !'%igat!ry and necessary . it appr!#es !$ the ec!n!"ic pr!gress
!$ "an ) and c!nsider %a$u% !r righte!us %i#e%ih!!d an !'%igati!n !$ the sec!ndary !rder .
N!tithstanding a%% thus) it is n! %ess truth that it d!es n!t c!nsider ec!n!"ic acti#ity t! 'e the
'asic pr!'%e" !$ "an .
;9= a+i*a0is* ie5 Is0a/ic *he,r6 :
& a+i*a0 :
1e$ined as Jthe pr!duced "eans !$ pr!ducti!nL a c!""!dity hich has a%ready
underg!ne !ne pr!cess !$ hu"an pr!ducti!n) and is again 'eing used as a "eans pr!cess !$
pr!ducti!n .
" Lab,r :
That is t! say e0erti!ns !n part !$ "an .
; Lan. :
1e$ined as Jnatura% res!urcesL th!se thing hich are 'eing used as "eans !$
pr!ducti!n ith!ut ha#ing pre#i!us%y underg!ne "y pr!cess !$ hu"an pr!ducti!n .
= En*re+reneur Or Or4aniza*i,nK
The $!urth $act!r that 'rings t!gether the !ther three $act!rs) e0p%!its the" and 'earsris( !$ pr!$it and %!ss in pr!ducti!n .
;9$) The Is0a/ic ie5 :
&r!" Is%a"ic p!int !$ #ie there are t! (inds !$ pe!p%e h! ha#e right t! ea%th .
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< Th!se h! ha#e pri"ary right that is t! say) th!se h! ha#e a right t! ea%th direct%y in
c!nse5uence !$ participati!n in the pr!ducti!n. In !ther !rds it is th!se #ery $act!rs !$
pr!ducti!n hich ha#e ta(en a part in the pr!cess !$ pr!ducing s!"e (ind !$ ea%th .
> Th!se h! ha#e a sec!ndary right) that is t! say) th!se h! ha#e n!t ta(en a direct part in
the pr!cess !$ pr!ducti!n) 'ut it has 'een enD!ined up!n the pr!ducers t! "a(e the" c!
sharers in their ea%th .
;9!a+i*a0 an Be In7es*e. In a Business en*ure
& Pri7a*e Business
The "an h! in#est capita% "ay hi"se%$ run the 'usiness ith!ut the he%p !$ any partners !r
shareh!%ders. In this case the return hich he gets "ay 'e ca%%ed pr!$it $r!" the %ega% !r
p!pu%ar p!int !$ #ie) 'ut in ec!n!"ic ter"s) this reard !u%d 'e "ade up !$ .
: Pr!$it in as "uch as capita% has 'een in#ested .
; ,ages) as earning !$ "anage"ent .
= Par*nershi+G
The sec!nd $!r" !$ in#est"ent is that se#era% pers!ns "ay D!int%y in#est capita%) D!int%y
"anage the 'usiness and D!int%y 'ear the ris( !$ pr!$it and %!ss. In the ter"in!%!gy !$ the
&i5h) such a #enture is ca%%ed Shir(atA5d !r Partnership in c!ntract .
* ,%,+era*i,n O1 a+i*a0 An. Or4aniza*i,n (Mu.arabah4
The third $!r" !$ in#est"ent is that !ne pers!n "ay in#est capita% hi%e an!ther "ay "anage
the 'usiness) and each "ay ha#e a share in the in the pr!$it . In the ter"in!%!gy !$ &i5h) it is
ca%%ed Mudara'ah.The pers!n h! in#est his capita% Ra''u%Ma% i%% get his share in the
$!r" !$ pr!$it hi%e the pers!n h! has actua%%y "anaged the 'usiness i%% get it in the $!r"
!$ ages .
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;9) Riba
" 3e1ini*i,n ,1 Riba
The !rd Ri'a "eans e0cess) increase !r additi!n) hich c!rrect%y interpreted acc!rding t!
Shariah ter"in!%!gy) i"p%ies any e0cess c!"pensati!n ith!ut due c!nsiderati!n .
; This de$initi!n !$ Ri'a is deri#ed $r!" Curan and is unani"!us%y accepted 'y a%% Is%a"ic
sch!%ars
.
= TYPES OF RIBA
There are t! types !$ Ri'a .
*. Ri'a An Nasiyah
: .Ri'a A% &ad%
Riba An Nasi6ah :
1e$ined as e0cess) hich resu%t $r!" predeter"ined interest hich a %ender recei#es
!#er and a'!#e the princip%e 3Ras u% Maa%4.
& Riba A0 Fa.0 :
1e$ined as e0cess c!"pensati!n ith!ut any c!nsiderati!n resu%ting $r!" a sa%e !$ g!!ds .
Ri'a A% &ad% i%% 'e c!#ered in greater detai% %ater .
;98) ,//ercia0 In*eres* An. sur6 :
In *@thcentury t! ne technica% ter"s !$ interest e"erged a$ter the esta'%ished !$ 'an(ing
syste".
" Tiar*i S,,. :
Interest paid !n %!an ta(en $!r pr!ducti#e pr!$ita'%e purp!ses .
; Sar1i S,,. :
Interest paid !n %!an ta(en $!r pers!na% need and e0penses .
Is0a/ic ban-in4:
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The interest $ree syste" en#isages the gain$u% use !$ !ne6s sa#ing ith !ther !n the 'asis !$
pr!$it and %!ss sharing in a de$ined "anner . E$$ecti#e $r!" an 9*) *+?*) the Nati!na%i2ed
c!""ercia% 'an(s and n! a%% !ther c!""ercia% 'an(s in Pa(istan ha#e intr!duced the
pr!$it and %!ss sharing 3PBS4 1ep!sit Sche"e $eatures !$ hich as under .
= PBS Sa#ing Acc!unts
< PBS Ter" 1ep!sit Acc!unts
> In#est"ent 8$ PBS 1ep!sits
Mushari-ah Financin4 :
A 'usiness re%ati!nship esta'%ished under a c!ntract 'y the "utua% c!nsent $ parties $!r
sharing !$ pr!$it and %!sses arising a D!int enterprise #entureL
Iarah ( Leasin4
IDara as Jan agree"ent here'y a pers!n agrees t! trans$er the usu$ruct !$ a pr!perty t!
an!ther pers!n $!r a "utua%%y agreed rent) ter"s) and c!nditi!ns hi%e the !nership !$ the
c!rpus !$ the %eased pr!perty re"ain #ested in %esser .
Mu.arabah Financin4 :
Mudara'ah is a 'usiness in hich a pers!n participates ith his "!ney hi%e the !ther
ith his s(i%% !r e$$!rts !r '!th his s(i%% and e$$!rts . NIT Units and Mutua% &unds are the
'est e0a"p%e !$ M!dara'a in Pa(istan .
T6+es O1 Mu.arabah :
* A% Mudara'ah A% Mu5ayyadah
: A% Mudara'ah A% Mut%a5ah
&9 A0 Mu.arabah A0 Mu2a66a.ah :
Particu%ar 'usiness !r particu%ar p%ace $!r the the "udari') in hich case he sha%%
in#est the "!ney in the particu%ar 'usiness !r p%ace . This is ca%%ed A% Mudara'ah A%
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Mu5ayyadah .
:. A0 Mu.arrabah A0 Mu*0a2ah:
Ra'u%"aa% gi#es $u%% $reed!" t! "udari' underta(e hate#er 'usiness he dee"s) $it
this is ca%%ed A% Mudara'ah A% Mut%a5ah .
ses O1 Mushara-ah Mu.arabah :
& Asse* Si.e Financin4 :
&9 Sh!rt G "ediu" G %!ng ter" $inancing
"9 Pr!Dect $inancing
;9 7ridge $inancing
=9 E0p!rt $inancing
$9 ,!r(ing capita%
Liabi0i*6 si.e Financin4 :
&9 urrent G Sa#ing G Mahana A"dani G In#est"ent .
"9 Inter 7an( Bending G '!rr!ing .
;9 Ter" &inance erti$icate .
Is*isna :
J Ad#ances pay"ent !$ g!!ds t! 'e "anu$actured asse"'%ed) 'ui%t !r c!nstructed) !r caused s!
t! 'e d!ne) at an agreed price in hich the g!!ds ith speci$icati!ns are t! 'e de%i#ered at 'e
de%i#ered at a speci$ied $uture date and p%ace .L
& Sa0a/ :3Ad#ances pay"ent against de%i#ery4 J A sa%e here'y the se%%er agrees t! supp%y speci$ied
g!!ds t! a 'uyer 'y a $uture date in c!nsiderati!n !$ price paid in ad#ances at a ti"e speci$ied in
the c!ntract .L
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HAPTER =
HISTORY OF MEE'AN BAN@
=9&) MEE'AN BAN@
T! 'e a pre"ier Is%a"ic 'an( !$$ering a !nest!p sh!p $!r inn!#ati#e #a%ueadded pr!duct
and ser#ices t! !ur cust!"ers ithin the '!unds !$ Shariah) hi%e !pti"i2ing the sta(e h!%der6s
#a%ue thr!ugh an !rgani2ati!na% cu%ture 'ased !n %earning) $airness) respect $!r indi#idua%
enterprises and per$!r"ances .
&
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Inaugurates the ne Is%a"ic c!""ercia% 7an( at a $!r"a% cere"!ny in Farachi.
"##;%%%%%"##< :
" Mee2an 7an( esta'%ished itse%$ a pi!neer !$ Is%a"ic 7an(ing in Pa(istan and
ide range !$ pr!ducts are de#e%!ped .
; The state 7an( esta'%ishes a dedicated Is%a"ic 'an(ing de#e%!p"ent 'y
"erging the Is%a"ic ec!n!"ic di#isi!n .
= Mee2an 'an( 'ec!"es the $irst cust!"er !$ Is%a"ic issuance 'y signing the
$irst "e"!randu" !$ understanding M8U ith pa( Fuait Ta(a$a%
c!"pany %td .
$ Mee2an 'an(s 'ec!"es the $irst Is%a"ic 'an( t! intr!duce ?a" t! ?p"
'an(ing at se%ected 'ranches in Farachi
! Mee2an 'an(s !pen up its *99th'ranch
,ith *>> 'ranches in =9 cities acr!ss Pa(istan. ,!r(s start !n the
c!nstructi!n !$ Mee2an 7an(s ne Head 8$$ice 'ui%ding
.
=9") Meezan Ban- isi,n an. Missi,ns:
& isi,n:
Esta'%ished Is%a"ic 'an(ing as 'an(ing !$ $irst ch!ice t! $aci%itate i"p%e"entati!n !$ an
e5uita'%e ec!n!"ic syste") pr!#iding a str!ng $!undati!n $!r esta'%ishing a $air and Dust
s!ciety $!r "an(ind .
" Missi,n s*a*e/en* :
T! 'e a pre"ier Is%a"ic 'an( !$$ering a !nest!p sh!p $!r inn!#ati#e #a%ueadded pr!duct
and ser#ices t! !ur cust!"ers ithin the '!unds !$ Shariah) hi%e !pti"i2ing the sta(e
h!%der6s #a%ue thr!ugh an !rgani2ati!na% cu%ture 'ased !n %earning) $airness) respect $!r
indi#idua% enterprises and per$!r"ances .
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=9;) ,r+,ra*e a0ues :
; ,re a0ues :
Shariah !"p%iance) Integrity) Pr!$essi!na%is") Ser#ice E0ce%%ence) S!cia%Resp!nsi'i%ity .
= Bran. Pers,na0i*6 :
A s!'er and esta'%ished) str!ng) e"pathic) pr!$essi!na% pers!n/ h! is an e0tre"e%y %!ya% and
dependa'%e $riend and 'usiness partner) and is c!""itted t! !$$ering c!"prehensi#e #a%ue
'ased Shariah c!"p%iant $inancia% s!%uti!ns .
$ S*a11 :
!""itted) "!ti#ated and pr!$essi!na%%y trained e"p%!yees h! are e"pathic t! their
cust!"er s needs .
Re0a*i,nshi+s :Are %!ng te" ith Mee2an 7an( . e rec!gni2e and !ur cust!"er6s needs
and stri#e t! ensure their $u%$i%%"ent . A%% cust!"ers are treated pr!$essi!na%%y and in a
$riend%y
"anner .
It is !ur endea#!r t! ensure that they recei#e e$$icient and ti"e%y ser#ice .
The Mee2an 7an( e0perience is a uni5ue !ne .
Are %!ng te" ith Mee2an 7an( . e rec!gni2e and !ur cust!"er6s needs and stri#e t!
ensure their $u%$i%%"ent . A%% cust!"ers are treated pr!$essi!na%%y and in a $riend%y
"anner .
It is !ur endea#!r t! ensure that they recei#e e$$icient and ti"e%y se. The Mee2an 7an(
e0perience is a uni5ue !ne .
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RGANIZATI N CHART
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=9= BA@CRON3 REIE? :
AB Mee2an 7an( started its c!""ercia% !perati!ns in sept in *++@ and g!t its schedu%ed
c!""ercia% status in May :99: Mee2an 7an( Bi"ited .The s!undness !$ the 7an( ) hich is
n!r"a%%y "easured 'y re$erence t! the Tier * capita% Ade5uacy Rati!) is a'!#e ?9. The
internati!na%%y accepta'%e standard) hich is a%s! the "ini"u" re5uire"ent !$ the state 7an(
!$ Pa(istan) is ?. M7B capita% ade5uacy rati! p%aced the 'an( at the t!p !$ the industry .
Mee2an 7an( Bi"ited is the $irst schedu%e Is%a"ic 'an( in Pa(istan) hich has 'een
%icensed 'y the state 7an( !$ Pa(istan t! !perate as an Is%a"ic !""ercia% 'an( .The 'an(
pirates strict%y under the princip%es !$ Is%a"ic Shariah . !ur in dependa'%e Shariah
Super#is!ry '!ard) c!"prising !$ internati!na%%y ren!ned Is%a"ic sch!%ars) regu%ar%y
re#ies the 'an(6s acti#ities .
> ustice 3Retd4 Muha""ad Ta5i Us"ani 3Pa(istan4 hair"an
@ 1r. A'du% Sattar -huddah 3Suadia Ara'ia4
? Shi(h Essa" M. Isha5 37ahrai"4
+ 1r. Muha""ad I"ran Us"ani 3Pa(istan4
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HAPTER $
OMPREHENSIE BSINESS SOLTIONS
Mee2an 7an( has !ne !$ the %argest !$$ering !$ Shariah dri#en pr!ducts and ser#ices under !ne
r!!$ .The 7an( has de#e%!ped an e0tra!rdinary research and de#e%!p"ent capa'i%ity 'y
c!"'ining in#est"ent 'an(ers) c!""ercia% 'an(ers shariah sch!%ars .The intr!ducti!n !$ "any
pr!ducts hich satis$y 'usiness needs and "eets !r%dc%ass ser#ice standards .
$9& ,r+,ra*e An. ,//ercia0 Ban-in4:Mura'aha O i"p!rt E0p!rt &aci%ities
Mushara(ah O guarantees
1i"inishing Mushara(ah O 7i%% 1isc!unting 'y using 1!%%ar Sa%a" !r Mura'ah
IDarah O Is%a"ic E0p!rt re$inance
Mudara'ah
IstiDrar
Istisna
Re*ai0 Ban-in4 :
Rupee Sa#ing Acc!unt certi$icate !$ Is%a"ic In#est"ent
urrent Acc!unt M!nth%y Mudara'ah erti$icate
1!%%ar Sa#ing Acc!unt 1!%%ar Mudara'ah certi$icate
Far!'ari Muna$a Acc!unt Mee2an A"dan erti$icate
Mee2an Is%a"ic Instituti!n 1ep!sit Acc!unt Mee2an Pr!#idence erti$icate
,nsu/er Financin4 :
ar IDarahIs%a"ic Aut! &inance
Easy H!"e O Is%a"ic H!using &inance
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"= Ban-in4 :
ATM G 1e'it ard
ATM !ut%ets
SMS A%erts
S+ecia0 Ban-in4 :
Badies 7an(ing ?a" t! ?p" 7an(ing
Mee2an 'an( c!ntinue t! educate the "ar(et 'y !$$ering #ari!us 'usiness #a%ue pr!p!siti!ns in a
transparent and !pen "anner) in additi!n t! addressing c!""!n%y as(ed 5uesti!ns a'!ut Is%a"ic
7an(ing and h! it di$$ers $r!" the c!n#enti!na% syste" .
In7es*/en* Ban-in4 J Sharaiah A.7is,r6 Ser7ices :
Syndicati!n Structuring Su(u( Structuring
Pri#ati2ati!n Mandates c!n#enti!na% 7an( !n#ersi!n Ad#is!ry Ser#ices
Mergers Ac5uisiti!ns Is%a"ic 7an(ing Training
$9" LARCEST BRANH NET?OR@Mee2an 7an( has esta'%ished *99 'ranches in ;* cities acr!ss Pa(istan .
This is a "i%est!ne that is n!t !n%y the success st!ry !$ Mee2an 7an( 'ut a%s! c!ntinuing success
st!ry !$ Is%a"ic 7an(ing in Pa(istan . A%% 'ranches pr!#ides a%% the $aci%ities t! cust!"ers
Mee2an 7an( c!ntinue t! 'ui%d its #isi!n The cities in hich 'an( present%y !perates are as
$!%%!s .
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S,u*hern Re4i,n en*ra0 Re4i,n N,r*hern Re4i,n
Hydera'ad 7ahaa%pur A''!tta'ad
Farachi 1era -ha2i Fhan 1era Is"ai% (han
Na'shah &aisa%a'ad Peshaar
Cuetta -uDrana%a
Su((ur Fasur
Tand!A%%ah OYar Is%a"a'ad
S,u*hern Re4i,n en*ra0 Re4i,n N,r*hern Re4i,n
Mu%tan Rahi" Yar Fhan Mandi 7ahauddin Sat
Sadi5a'ad Raa%pindi
Sarg!dha
Sahia%
Shei(upura
Sia%(!t
$9;) FINANIAL BA@INC:
Shareh,0.in4 s*ruc*ure K Rs9in /i00i,n
Pa(istan Fuait In#est"ent ! ;9 *)=@?
N!!r Fuait In#est"ent ! => :):=:
Is%a"ic 1e#e%!p"ent 7an() eddah + =
$9=) SERIE ALITY :
Mee2an 7an(6s ser#ice "issi!n is K
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J T! de#e%!p a c!""itted ser#ice cu%ture hich ensures the c!nsistent de%i#ery !$ !ur pr!ducts
and ser#ices) ithin the highest 5ua%ity ser#ice para"eters) pr!"!ting Is%a"ic #a%ues and
ensuring rec!gniti!n and a 5ua%ity 'an(ing e0perience t! !ur cust!"ersL.
$9$) AI3S ONEPT OF ISLAMI BAN@INC:
J,e "ust !r( !ur sestiny in !ur !n ay and present t! the !r%d an ec!n!"ic syste" 'ased
!n true Is%a"ic c!ncept !$ e5ua%ity !$ "anh!!d and s!cia% DusticeL.
$9!) RIBAFREE BAN@INC OBETIES:
: T! pr!#ide Shariah c!"p%iant pr!duct and ser#ices as a $easi'%e and
; #a%ua'%e a%ternati#e t! c!n#enti!na% interest 'ased $inance.
= T! c!ntinue e0p%!ring de#e%!ping and de%i#ering ne pr!ducts and
< Ser#ices that $u%$i%% a%% 'an(ing needs !$ !ur cust!"ers
> T! achie#e sustaina'%e gr!th) "a0i"u" "ar(et share) and high
@ Pr!$ita'i%ity in a%% areas !$ 'an(ing and !ther a$$i%iated
? Is%a"ic $inancia% ser#ices .
+ T! "aintain a's!%ute !r%d c%ass ser#ice e0ce%%ence) ith a dedicated
*9&!cus !n #a%ue and rec!gniti!n $!r !ur cust!"ers.
**T! 'ui%d and sustain a high per$!r"ance cu%ture in acc!rdance ith
*:Is%a"ic #a%ues and Shariah princip%es.*;T! e$$ecti#e%y "anage "ee2an 7an(6s p!rt$!%i! !$ 'usinesses t!
*=Achie#e str!ng and sustaina'%e return t! !ur dep!sit!rs
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HAPTER !
MEE'AN TEAM
The 'usiness seg"ents !$ the 'an(s are K
!rp!rate 7an(ing
In#est"ent 7an(ing
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!""ercia% 7an(ing
Treasury &inancia% Instituti!ns
Asset Manage"ent
,r+,ra*e Ban-in4 :
!rp!rate 7an(ing p%ays an i"p!rtant r!%e in the gr!th !$ the 'an(6s $inancing
acti#ities and pr!$ita'i%ity. 1uring the year Mee2an 7an( "aintained a cauti!ns appr!ach in
'!!(ing ne assets and $!cused !n reducing %arge e0p!sures t! a sing%e !'%ig!r s! as t! "itigate
c!ncentrati!n !$ ris( .
!rp!rate 7an(ing success$u%%y intr!duced a ne pr!duct ca%%ed TiDarah this pr!duct is
designed t! a%%! cust!"ers t! raise $unds $!r $inancing !$ st!c(s !$ $inished g!!ds .Istisna
hich is intr!duced in :99? as #ery success$u%%y and e0tensi#e%y dep%!yed acr!ss the Mee2an
'an( net!r( .
In7es*/en* Ban-in4 :
The in#est"ent 'an(ing depart"ent as setup in :99> and $!cuses pri"ari%y !n the
$!%%!ing acti#ities K
*Syndicated Structured $inance:Pr!Dect &inance
;!rp!rate &inancia% Ad#is!ry Ser#ices
In#est"ent 'an(ing has de#e%!ped uni5ue Shariah structuring capa'i%ity in a #ery sh!rt peri!d !$
ti"e and is acti#e%y in#!%#ed in inn!#ati#e pr!duct de#e%!p"ent initiati#es re5uired t! "eet the
%!ng ter" pr!Dect $inance needs !$ cust!"ers .
,//ercia0 Ban-in4 :
!""ercia% 7an(ing target the "idd%e "ar(et . This "ar(et represent the 'ac('!ne !$
Pa(istan s ec!n!"y and has high gr!th p!tentia%. Since the incepti!n !$ this depart"ent in
:99
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e#idenced 'y ti"e%y pay"ent !$ a%% !'%igati!ns .ust!"ers ith a turn!#er !$ %ess than Rs.?99
"i%%i!n in this 'usiness seg"ent) that inc%udes s"a%% and
"ediu" sca%e enterprises 3SME4 . The 3SME4 target ith an annua% turn!#er !$ Rs. ;99 "i%%i!n
and t!ta% $inancing is @< "i%%i!n .
,nsu/er Finance :
!nsu"er &inance is resp!nsi'%e $!r "anaging the retai% assets pr!ducts !$ aut! $inancear
IDarah and h!use "!rtgage Easy H!"e . ,ith pi!neering and pri"e "!#er initiati#es in '!th
pr!ducts) the depart"ent has n! esta'%ished itse%$ !n s!und 'usiness in$rastructures) penetrated
(ey "ar(et seg"ents) and 'ui%t rec!gni2a'%e 'rand identities in n!t !n%y the Is%a"ic 'ut the
!#era%% 'an(ing sect!r .
ar IDarah app%icati!n is usua%%y pr!cessed ithin t! days) hi%e the d!cu"ent intensi#e and
c!"p%e0 pr!cess !$ Easy H!"e O h!"e "!rtgage 'ased !n the c!ncept !$ 1i"inishing
Mushara(ah is a#ai%a'%e in a rec!rd setting a#erage !$ *< days .
Au*, Finance :
The aut! $inance 'usiness has a @ years trac( rec!rd and its p!rt$!%i! n! stands at Rs.=);
"i%%i!n c!"prised !$ !#er +999 acti#e #ehic%e c!ntracts. -r!th has 'een steady during thisperi!d) ithin depressed and uncertain ec!n!"ic c!nditi!ns
.
H,usin4 1inance :
The nati!n6s $irst Is%a"ic H!using &inance $aci%ity .Mee2an 7an(6s Easy H!"e c!"p%eted its
> ne
'ranches and su' 'ranches t! its net!r() 'ringing the t!ta% net!r( t! *>> 'ranches in =9 cities
acr!ss c!untry. The 7an(6s 1ep!sit p!rt$!%i! gre t! Rs. @9.:;= 'i%%i!n during the year .
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!9& Treasur6 J Financia0 Ins*i*u*i,ns :
"##< as an e#ent$u% year .Rising interest rates) c!up%ed ith a $ree2e in the %!ca% st!c(
"ar(et $!r "!re than three "!nths resu%ted in a se#ere %!ss !$ c!n$idence and %ed t! a %i5uidity
crunch in the %ast 5uarter .
Mee2an 7an( re"ained una$$ected 'y this crises ) rather 'ec!"ing a $!r"ida'%e p%ayer in the
%!ca% "!ney "ar(et ) p%acing $unds ith "aD!r 'an(s and n!n 'an(ing $inancia% instituti!ns
using Shariah O appr!#ed structures. Treasury as n!t !n%y a'%e t! dep%!y its e0cess %i5uidity)
'ut a%s! 'ene$it $r!" the SBR e%igi'%e security that as in its cust!dy $!r the peri!d .
!9" Ec,n,/ic O7er7ie5:
:99+ as a tu"u%tu!us year !$ the !r%d $inancia% sect!r ) starting ith Su'pri"e "!rtgage
crisis in US that e#entua%%y %ed t! the c!%%apse !$ the $inancia% giant Beh"an 7r!thers and started
the 'iggest d!nturn $aced 'y the $inancia% industry since the -rat 1epressi!n !$ *++:. Re%ati#e
t! this catac%ys"ic crisis $aced 'y the internati!na% $inancia% "ar(ets) the Pa(istan 'an(ing sect!r
has re"ained re%ati#e%y sta'%e.
They e0terna% current acc!unt de$icit gre t! US *= 'i%%i!n) e5ui#a%ent t! ?.= !$ -1P
hich is appr!0i"ate%y three and a ha%$ percentage p!ints higher than the initia% pr!Decti!n $!rthe year :99+ and "!re than tice !$ %ast year6s %e#e% in a's!%uter ter"s. As a resu%t) $!reign
e0change reser#e dr!pped sharp%y and the Pa( Rupee depreciated 'uy !#er ;9 during the year.
Initia% resu%ts are satis$act!ry and ga#e sta'i%i2ed the c!""!dities) has pr!#ided signi$icant re%ie$
t! the ec!n!"y) as a resu%t !$ hich $!reign e0change reser#es are a%s! n! sta'%e and in$%ati!n)
a%th!ugh sti%% high) has a%s! decreased t! %e#e%s !$ ar!und :9
O+era*in4 Resu0*s
1espite the g%!!"y ec!n!"ic !ut%!!() Mee2an c!ntinued ith its 'ranch e0pansi!n
strategy) 7y the -race !$ A%%ah) the 7an( n! has *>> 'ranches %!cated in =9 cities in Pa(istan)
an additi!n !$ >> 'ranches inc%uding ;< su' 'ranches during :99+) This signi$icant achie#e"ent
!$ esta'%ishing an e0tensi#e net!r( ithin a sh!rt span !$ @ years ena'%ed Mee2an 7an( t!
"aintain its %eading p!siti!n an a"!ng the Is%a"ic 7an(s !perating in Pa(istan. As a resu%t the
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7an( as a'%e t! rec!rd str!ng gr!th in dep!sits) that increased 'y :+c!"pared t! the
'an(ing sect!r as h!%e that gre 'y appr!0i"ate%y > during the year. A gre $inancia%
high%ights are gi#en 'e%!K
Rs 9 in /i00i,n
"##< "##8 Cr,5*h in K
3e+,si*s #";= $=$8" "* *9:*::>+ +;@;? =?=?==9 ;>9@@>>
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S,07enc6 Ra*i,
1e't e5uity Rati! 1e't %ia'i%itiesG Net assets
Year "##! "## "##8 "##?:>?:= =*;@ @=;:* *9:*::>+ >
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Pr,1i*abi0i*6 ra*i,
Year "##! "## "##8 "##.:@ ?.:@
Cr,ss +r,1i* /ar4in =;.?; = =>.;+ *
Re*urn ,n ca+i*a0
e/+0,6e.
.9*? 9.99:9 .99:: .99:=
Return !n capita% e"p%!yed 3P7IT G apita% e"p%!yed4*99
P7IT !re 'an(ing inc!"e 'e$!re pr!#isi!n
apita% E"p%!yed E5uity B!ng ter" %ia'i%ities
HAZARA UNIVERSITY MANSEHRA.
Profitability ratio
0
0.01
0.02
2006 2007 2008 2009
Series1 0.018 0.002 0.0022 0.0024
1 2 3 4
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:99+ >;=* **9:?:= ;>?;*
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Here the "anage"ent has rec!#ered their p!siti!n and i"pr!#ed.
HAZARA UNIVERSITY MANSEHRA.
Price Earning Ratio
15.92
10.51
15.2 17.03
0
10
20
2006 2007 2008 2009
Series1 15.92 10.51 15.2 17.03
1 2 3 4
Diidend Per Share
16
10
20
8.6
0
5
10
15
20
25
1 2 3 4
2006 2007 2008 2009
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The di#idend has decreased :9 t! ?.> R.s. This is #ery 'ad $!r c!"pany6s g!!d i%% !r st!c(
"ar(et. Manage"ent has t! $!cus !#er it !ther ise the c!"pany has t! 'ear "!re %!ss in $uture.
a+i*a0 A.e2uac6 Ra*i, (a+i*a0 *, Ris- (?ei4h*e.) Asse*s Ra*i,)
Year :99> :99@ :99? :99+A#erage Rati! *.>@ *..@9 *= *9.;9 *?.;+
HAZARA UNIVERSITY MANSEHRA.
!erage Ratio
1.67 1.57 1.7
0.82
0
0.5
1
1.5
2
1 2 3 4
2006 2007 2008 2009
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HAZARA UNIVERSITY MANSEHRA.
!erage Equity
16.7 15.64
10.3
18.39
0
5
10
15
20
1 2 3 4
2006 2007 2008 2009
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HAPTER