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Meezan Bank Annual Report

Meezan Bank Annual Report

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Published by xaxif8265

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Published by: xaxif8265 on Nov 01, 2011
Copyright:Attribution Non-commercial


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Our Annual Report for this year reflects a themethat lies at the core of Meezan Bank -Networking!The stunning images in this report vividlyexemplify the beauty and efficiency of networksin nature. Research has shown that the capillariesof a simple leaf provide the most efficient network,with built-in redundancy, to deliver essentialnutrients to every part of the leaf. At MeezanBank, we focus on building networks that enableus to serve customers efficiently across the lengthand breadth of Pakistan. We recognize that inorder to realize our Vision of establishing Islamicbanking as banking of first choice, we mustexpand our network and take Islamic bankingto the doorstep of our customers. In buildingsuch networks, the secret of our excellence incustomer service, lies in our attention to detail inall matters, both big and small.
The images of nature used in this report have been captured bya young and talented photographer Kayhan Feroze Qaiser - astudent of the Karachi Grammar School.
Networkingfor Success
Vision & Mission02Our Values05Quaids Concept of Islamic Banking07Key Figures at a Glance08Six YearsHorizontal Analysis10Six YearsVertical Analysis11Calendar of Major Events12Shareholders13Organisation Structure15Corporate Information16Meezan Bank History18Product Information21Chairmans Review24Charity for Social Welfare26Business and Operations Review28DirectorsReport to the Members42Annexure to the DirectorsReport47Statement of Value Added and Distributed48Allocation of Income and Expenses to Remunerative Depositors’ Pool49Shariah Advisors Report50Shariah Advisors Report (Urdu)59Statement of Sources and Uses of Charity Fund60Review Report to the Members61Statement of Compliance with the Code of Corporate Governance62Statement of Internal Controls64Notice of Annual General Meeting65AuditorsReport to the Members68Statement of Financial Position69Profit and Loss Account70Statement of Comprehensive Income71Cash Flow Statement72Statement of Changes in Equity73Notes to and forming part of the Financial Statements74Consolidated Financial Statements131Pattern of Shareholding200Categories of Shareholders201Correspondent Banking Network202Branch Network207Proxy Form

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