INTERNSHIP REPORT ON

MEEZAN BANK ABBOTTABAD(1501)

BY
Mubasher Nazir
BBA HONS (Finance)
ROLL NO: 8!8
SESSION "##$%"#&#
HA'ARA (NI)ERSITY MANSEHRA
HAZARA UNIVERSITY MANSEHRA.
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 (NI)ERSITY MANSEHRA
HAZARA UNIVERSITY MANSEHRA.
HA'ARA (NI)ERSITY MANSEHRA
A++r,7a0 Shee*
A++r,7a0 8,//i**ee
&9 E:*erna0 E:a/iner
Mr. _____________________________________________
Signature_______________
"9 Su+er7is,r
Mr. ____________________________________________
Signature_______________
;9 Hea. ,1 3e+ar*/en*
Mr. ___________________________________________
Signature ________________

HAZARA UNIVERSITY MANSEHRA.
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 $e Specia% &riends h! ha#e 'een supp!rting and c!!perating ith "e t!
acc!"p%ish this tas(.
HAZARA UNIVERSITY MANSEHRA.
ABSTRA8T
M!dern 'an(ing syste" as intr!duced int! the Mus%i" c!untries at a ti"e hen they ere
p!%itica%%y and ec!n!"ica%%y at %! e'') in the %ate *+th century. ,ith the passage !$ ti"e)
h!e#er) and !ther socio-economic forces de"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.$ree !r Islamic banking 'egins here. The hist!ry !$ 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
interest it created in Pa(istan and part%y 'ecause !$ the e"ergence !$ y!ung Mus%i" ec!n!"ists.

Mee2an 'an( is the first Islamic bank and 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
$inancia% !r%d) 'ut d! s! ith the !r%d.c%ass ser#ice e0ce%%ence hich !ur cust!"ers de"and)
a%% ithin the '!unds !$ Shariah.
HAZARA UNIVERSITY MANSEHRA.
HAZARA UNIVERSITY MANSEHRA.
TABLE OF 8ONTENTS
Ac(n!%edg"ents i
Pre$ace ii
E0ecuti#e Su""ary iii
8HAPTER &
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:
8HAPTER "
In*r,.uc*i,n *, Ban-in4 #;
:.* E#!%uti!n 8$ 7an(ing 9=
:.: &air%y -r!rh 9=
:.; 3*>:?. *@?> 7A 4 9=
:.= >?@ 7A 9=
:.< M!dern 7an(ing 9=
:.> Type 8$ 7an(ing 9<
:.@ 1e#e%!p"ent 8$ 7an(ing In A"erica 9@
:.? Nati!na% 7an( Act 9@
:.+ 7an(ing Act *+;< 9@
:.*9 7an(ing in Pa(istan 9@
HAZARA UNIVERSITY MANSEHRA.
8HAPTER ;
In*r,.uc*i,n T, Is0a/ic Ban-in4 #<
;.* Is%a"ic &inance 9+
;.: The Is%a"ic Ec!n!"y syste" 9+
;.; The I"p!rtance 8$ Ec!n!"ic -!a%s 9+
;.= Is%a"ic The!ry *9
;.< The Is%a" Vie *9
;.> Aapita% can 'e In#ested in a 7usiness #enture **
;.@ Ri'a **
;.? A!""ercia% interest and usuey *:
8HAPTER =
His*,r6 O1 Meezan Ban- > &$
=.* *++@.:99+ *<
=.: Mee2an 7an( Visi!n And Missi!ns *>
=.; A!rp!rate Va%ues *>
=.= 7ac(gr!und Re#ie *+

8HAPTER $
8,/+rehensi7e Business S,0u*i,n ""
<.* A!rp!rate And A!""ercia% 7an(ing ::
<.: Bargest 7ranch Net!r( :;
<.; &inancia% 7an(ing :=
<.= Ser#ice Cua%ity :<
<.< Cuaid6s A!ncept 8$ Is%a"ic 7an(ing :<
<.> Ri'a &ree 7an(ing 8'Decti#e :<
HAZARA UNIVERSITY MANSEHRA.
8HAPTER%!
Meezan Tea/ "!
>.* Treasury And &inancia% Intuiti!n :?
>.: Ec!n!"ic 8ur Vie :?
8HAPTER
?ha* I Ha7e Learn As A In*ernee ;"
?.* Acc!unt 8pening ;<
?.: Issuance 8$ Ahe5ue 7!!( :>
?.; Aerti$icate 8$ Is%a"ic In#est"ent ;+
?.= In#est In Aerti$icate 8$ Is%a"ic In#est"ent ;+
?.< Aa%% 1ep!sit Receipt =9
?.> Ahe5ues &!r A!%%ecti!n =:
?.@ @
th
And ?
th
,ee(s At Mee2an 7an( =;
8HAPTER <
Financia0 Ana06sis =!
+.* A!""!n Si2e Ana%ysis =>
+.: Rati! Ana%ysis <;
8HAPTER &#
S5,* Ana06sis $8
*9.* Strengths <?
*9.: ,ea(nesses <?
*9.; 8pp!rtunities <+
*9.= Threats <+
8HAPTER &&
HAZARA UNIVERSITY MANSEHRA.
8,nc0usi,ns !#
**.* &inancings >9
**.: Ter" Structure 8$ In#est"ent 7y :9 Is%a"ic 7an( )*+?? >*
8HAPTER &"
Rec,//en.a*i,n !!
*:.* Per$!r"ance Appraisa% >>
*:.: Pr!per E!' R!tati!n >>
*:.; &air 7ene$its >>
*:.= 8#er%!ad 8$ ,!r( >@
*:.< Aredi'i%ity 8$ Aust!"ers >@
*:.> Aust!"er Re%ati!nship >@
*:.@ E"p!er"ent 8$ E"p%!yees >?
*:.? Mar(eting Au%ture >?
*:.+ Hea%th Acti#ities >?
Re$erences @9
7i'%i!graphy @*
Appnde0 @<

HAZARA UNIVERSITY MANSEHRA.
Ac-n,50e.4e/en*s
A%%ah is #ery Find) Merci$u% and A!"passi!nate. His 'ene#!%ence and '%essings ha#e ena'%ed
"e t! acc!"p%ish this tas(.
I high%y appreciate Mr9 ALAM 'EB @HAN) Area Manager and RAFIA(E A?ANB 8perati!n
Manager) Mee2an 7an( A''!tta'ad $!r their supp!rt and c!%%a'!rati!n.
I a" e0tre"e%y than($u% t! "y Super#is!r MR9 'IA (R REHMANB h! has super#ised "e
thr!ugh!ut t! c!"p%ete this t!ugh tas(.
I pay specia% gratitude t! a%% "y h!n!ra'%e teachers h! ha#e 'een teaching "e #ari!us c!urses
during the %ast $i#e years at AIIT) ith addict 2ea% and 2est.
I ish t! e0press "y heartiest and sincere appreciati!n t! "y $riends $!r their c!ntinu!us he%p)
c!!perati!n) and "!ra% supp!rt.
The %ast 'ut n!t %east) I !u%d $ee% inc!"p%ete ith!ut than(ing t! "y parents h! pray $!r "y
'ri%%iant success and 'right $uture.
Mubasher Nazir
HAZARA UNIVERSITY MANSEHRA.
Abbre7ia*i,ns
MMF : A% Mee2an Mutua% &und Bi"ited
IFIs : Is%a"ic &inancia% Instituti!ns
MIF : Mee2an Is%a"ic &und
AMMF : A% Mee2an Mutua% &und Bi"ited
RT8 : Rupees Tra#e%ers Ahe5ue
MA8 : Mee2an Aa"dan Aerti$icate
8OII : Aerti$icate !$ Is%a"ic In#est"ent
MII3A : Mee2an Is%a"ic Instituti!n 1ep!sit
Acc!unt
TT : Te%egraphic Trans$er
33 : 1e"and 1ra$t
MT : Mai% Trans$er
PLS : Pr!$it and B!ss Sharing
F33 : &!reign 1e"and 1ra$t
L8 : Better !$ Aredit
HAZARA UNIVERSITY MANSEHRA.
E:ecu*i7e Su//ar6
As per the re5uire"ent $!r the degree !$ 77A 3H!n6s4 !$ Ha2ara Uni#ersity Mansehra) I t!!(
up the internship at Mee2an 7an() A''!tta'ad 7ranch. This rep!rt is 'ased !n the e0perience
and (n!%edge hich I g!t $r!" "y internship at Mee2an 7an(. In the $irst chapter I ha#e
discussed a'!ut "y ti"e stay in the 'an( and intr!ducti!n t! the h!%e rep!rt. In sec!nd chapter
I ha#e discussed a'!ut the intr!ducti!n !$ the 'an(. 7asic $uncti!n !$ Mee2an 7an(. The st!ry
'egins ith the inc!rp!rati!n !$ Mee2an A!""ercia% 7an( %i"ited in Pa(istan !n 8ct!'er 9+)
*++*) Mee2an 7an( A!""enced 3'egin4 t! !perati!ns in Apri% *++:) as a pu'%ic %i"ited
c!"pany.
The 'an( is %isted !n the Farachi) Bah!re and Is%a"a'ad St!c( E0changes and the initia% pu'%ic
!$$ering as !#er su'scri'ed 'y *> ti"es. I ha#e a%s! "enti!ned the pr!ducts hich the 'an( is
!$$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 <th and >
th
chapter 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(. $urther I ha#e discussed the "ee2an tea". the @
th
chapter is the detai% !$ "y h!%e
HAZARA UNIVERSITY MANSEHRA.
internship that hat I ha#e %earned in ? ee(s the chapter is 'ased !n the day 'y day
per$!r"ance. In the ?
th
chapter 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 $i#e years. In +
th
chapter I ha#e gi#en the s!t ana%ysis !$ Me2an 7an(. S!t
ana%ysis is d!ne (eeping in the #ie hat I ha#e seen and $e%t in the 'ranch during "y intership.
In the *9
th
chapter I ha#e gi#e the c!nc%usi!ns !$ "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.
HAZARA UNIVERSITY MANSEHRA.
8HAPTER &
INTRO3(8TION 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 $!r c!nducting c!"p%ete study and
HAZARA UNIVERSITY MANSEHRA.
!'ser#ati!n !$ %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$$ "e"'er !$ the 'an(. &!r this purp!se
s!"e unstructured 5uesti!n ere as(ed and depending !n the" s!"e c!nc%usi!n ere "ade.
Sec!nd%y) the %iter H D!urna% $r!" regi!na% head 5uarter and sta$$ 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 !$$icia% e'site i.e. www.meezanbank.com hich ga#e #ery use$u%
in$!r"ati!n a'!ut $uncti!ning !$ the 'an(.
My pers!na% !'ser#ati!ns during the sh!rt stay a%s! he%ped "e t! c!%%ect a'!ut this speci$ic
'ranch.
&9$) Sche/e ,1 s*u.6 :
The sche"e !$ study !$ the rep!rt is as under .
* Part !ne is a'!ut the intr!ducti!n !$ the study) hich inc%udes its 'ac(gr!und) purp!se and
sc!pe !$ the study research "eth!d!%!gy and the sche"e !$ study .
: Part t! is a'!ut the %iterature re#ie) !$ the 'an( ) the depart"entati!n and its $uncti!n) and
detai% study !$ the credit depart"ent . Part three is a'!ut the $inancia% ana%ysis !$ the 'an()
HAZARA UNIVERSITY MANSEHRA.
hich inc%udes the rati! ana%ysis) c!""!n si2e ana%ysis) c!"parati#e ana%ysis and inde0
ana%ysis .
; Part $!ur is inc%udes S,8T ana%ysis) pr!'%e"s and rec!""endati!ns prescri'e $!r the 'an(
t! $urther i"pr!#es its $uncti!ning .
8HAPTER "
INTRO3(8TION TO BAN@INC
?HAT IS BAN@D
7e$!re g!ing t! start e "ust (n! that hat is 'an(I Bi(e "any !ther su'Dects and s!cia%
sciences n! any precise de$initi!n can 'e gi#en $!r the study !$ 'an(ing a%s!. 1i$$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
* Aurrent Acc!unt
: Pays che5ues dran up!n hi"
; A!%%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 A!"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
HAZARA UNIVERSITY MANSEHRA.
!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 $act that the Ees in B!"'ardy transected the
'usiness !$ "!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 $r!" the -er"an !rd 7an( hich D!int St!c( &und .
"9") Ear06 4r,5*h
7a'y%!nians h! de#e%!ped 'an(ing syste" as ear%y as :999 7A .Te"p%es !$ 7a'y%!n ere used
as 7an(s .
"9;) &!"8 E &8! B8 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 B98
-yges ) (ing !$ Bydia) casted e%ectru" ing!ts !$ identica% shape and uni$!r" eight. As an
!$$icia% guarantee !$ #a%ues in >?@ 7A.
In -reece) the te"p%es !$ Ephesus and 1e%phi ere the 'iggest 7an(s .
HAZARA UNIVERSITY MANSEHRA.
The ear%iest (n!n pu'%ic 'an( is said t! 'e the 'an( !$ Venice hich as esta'%ished in **<@
A1 .
S!!n Venice and -en!a 'ec!"e the "!st i"p!rtant "!ney "ar(et .
M!dern 'an(ing !riginated in the *=
th
century in 7arce%!na.
In *=9* a -er"an pu'%ic 'an( are $!r"ed.
7an( !$ -en!a in *=9@) 'y the *>
th
century ) s!"e "!re pu'%ic 'an(s ere $!r"ed in Venice)
Mi%an) A"sterda") Ha"'urg and Nure"'erg .
7an( !$ A"sterda" as a%s! $!unded in *>9+ .
In *>+9 ) the 'an( !$ Ha"'urg ca"e in t! E0istence .
"9$) M,.ern Ban-in4
*@99) the 'an(s !$ Eng%and as n!t !n%y issuing n!tes 'ut a%s! c!nducting acc!unts $!r
cust!"er .
* In *+=> the %a'!r -!#ern"ent nati!na%i2ed the 'an( !$ Eng%and.
"9!) T6+es ,1 Ban-s :
* A!""ercia% 7an(s
: Merchant 7an(s
; M!rtgage 7an(s
= Sa#ing 7an(s
< A!nsu"er 7an(s
> In#est"ent 7an(s
@ 1e#e%!p"ent 7an(s
? A!!perati#e 7an(s
+ E0e"pt 7an(s
*9 Aentra% 7an(s
&98,//ercia0 Ban-s:
HAZARA UNIVERSITY MANSEHRA.
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 *?
th
and *+
th
century 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"ents
t! 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 8,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 :
HAZARA UNIVERSITY MANSEHRA.
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 %!ng.ter" de#e%!p"ent $inance t! the trade)
c!""erce) and industry.
89 8,,+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 .
<9 E:i/+ Ban-s :
These are the 'an(s hich pr!#ide $inance $!r pr!"!ti!n !$ i"p!rt and e0p!rts t! trade)
c!""erce and industry .The 'an( are c!ntri'uting great%y t!ard the e0pansi!n !$
internati!na% trade .
&#9 8en*ra0 Ban-s :
Aentra% 'an(s !ccupy uni5ue p!siti!n in the 'an(ing structure !$ a c!untry ) 'ecause they
ha#e 'een entrusted ith the resp!nsi'i%ity !$ c!ntr!%%ing the "!ney supp%y) interest rates and
$inancia% "ar(et !$ the c!untry $!r the purp!se !$ ec!n!"ic de#e%!p"ent .
"9) Na*i,na0 Ban- Ac* :
,as passed 'y the c!ngress in *?>; ) hich re5uired each ne nati!na% 'an( t! dep!sit
united states 7!nds e5ua% t! !ne. third !$ its capita% ith c!"ptr!%%er !$ currency . Nati!na%
n!tes e5ua% t! +9 M !$ the par !r "ar(et #a%ue !$ the dep!sit '!nds) hiche#er as %!er .In
*+*;) the $edera% Reser#e Act as passed )and it reduced the re5uire"ent !$ the reser#e $!r
the 'an(s i$ they $!r"ed the"se%#es int! c!""ercia% 'an(s .
"98) Ban-in4 Ac* &<;$:
Baid the $!undati!n $!r the "!dern $edera% Reser#e syste" 'y esta'%ishing the $edera%
!pen "ar(et !perati!ns and 'uying and se%%ing !$ g!#ern"ent securities . *+;+) c!""ercia%
HAZARA UNIVERSITY MANSEHRA.
'an(ing syste" as $uncti!ning satis$act!ri%y ith as "any as *=)<;* c!""ercia% 'an(s in
the united states .
&<=# *, &<=$) hi%e the h!%ding !$ -!#ern"ent securities 'y the 'an(s increased t! a%"!st
$!ur ti"es . the p!st ar peri!d sa s!"e recessi!n in the 'an(ing syste" ) 'ut s!!n it as
!#er ) and the 'an(s regained their stature 'y &<!"9
"9<) Ban-in4 In Pa-is*an :
There ere =?@ !$$ices !$ schedu%ed 'an(s in the territ!ries n! c!nstituting Pa(istan
The c!""ittee rec!""ended that the Reser#e 7an( !$ India sh!u%d c!ntinue t! $uncti!n in
Pa(istan unti% ;9
th
sep *+=? .
7y ;9
th
Eune *+=?) the nu"'er !$ !$$ices !$ schedu%ed 'an(s in Pa(istan dec%ined $r!" =?@ t!
!n%y *+< .
Cuaid.i.A2a" Muha""ad A%i Einnah inaugurated the state 'an( !$ Pa(istan !n Eu%y *st)*+=?
.
The $irst Pa(istan n!tes ere issued in 8ct) *+=? in the den!"inati!ns !$ Rs <)*9 and 'y
August *+=+ the state 7an( !$ Pa(istan ithdre the Reser#es 7an( !$ India n!tes !$ the
#a%ues !$ Rs *:<.9: c!res ith the he%p !$ the Pa(istan n!tes .
HAZARA UNIVERSITY MANSEHRA.
8HAPTER ;
INTRO3(8TION TO ISLAMI8 BAN@INC
;9& Is0a/ic Finance
Is%a"ic $inance as practiced pred!"inant%y in the Mus%i" !r%d thr!ugh!ut the "idd%e Ages)
$!stering trade and 'usiness acti#ities ith de#e%!p"ent !$ credit . In Spain and the
Mediterranean and 7a%tic states ) Is%a"ic "erchants 'eca"e indispensa'%e "idd%e"an $!r trading
acti#ities. In $act Eur!pean $inancier and 'usiness"en %ater ad!pted "any c!ncepts) techni5ues)
and instru"ents !$ Is%a"ic $inance. The $inancia% syste" is $!unded !n the a's!%ute pr!hi'iti!n
!$ the pay"ent !r receipt !$ any predeter"ined. granted rate !$ return .this c%!ses the d!!r t! the
c!ncept !$ interest and prec%udes the use !$ de't. 'ased instru"ent . The syste" enc!urages ris(
sharing pr!"!tes entrepreneurship) disc!urages specu%ati#e 'eha#i!r) and e"phasi2es the
sanctity !$ c!ntracts .
;9" The Is0a/ic Ec,n,/ic S6s*e/
8ne !$ the $!r"s !$ capita%is") hich has 'een $%!urishing in n!n Is%a"ic s!cieties ) is the
interest 'ased in#est"ent . There are n!r"a%%y t! participant in such transacti!n . !ne is the
in#est!r h! pr!#ides capita% !n %!an and !ther "anager h! run the 'usiness . The in#est!r has
n! c!ncern hether the 'usiness run in t! pr!$it !r %!ss he aut!"atica%%y get interest .
3is*ribu*i,n O1 ?ea0*h
The distri'uti!n !$ ea%th is !ne !$ "!st i"p!rtant and c!ntr!#ersia% su'Dect c!ncerning the
ec!n!"ic %i$e !$ "an hich has gi#en 'irth t! g%!'a% re#!%uti!n in t!day6s !r%d and a$$ected
e#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$u%)
HAZARA UNIVERSITY MANSEHRA.
"erit!ri!us and s!"eti"es e#en !'%igat!ry and necessary . it appr!#es !$ 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= 8a+i*a0is* )ie5 F Is0a/ic *he,r6 :
& 8a+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 $act!rs) e0p%!its the" and 'ears
ris( !$ 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 .
HAZARA UNIVERSITY MANSEHRA.

< 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! 8a+i*a0 8an 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(at.A5d !r Partnership in c!ntract .
* 8,%,+era*i,n O1 8a+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 .
HAZARA UNIVERSITY MANSEHRA.
;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) 8,//ercia0 In*eres* An. (sur6 :
In *@
th
century t! ne technica% ter"s !$ interest e"erged a$ter the esta'%ished !$ 'an(ing
syste".
" TiHar*i S,,. :
Interest paid !n %!an ta(en $!r pr!ducti#e Hpr!$ita'%e purp!ses .
; Sar1i S,,. :
Interest paid !n %!an ta(en $!r pers!na% need and e0penses .
Is0a/ic ban-in4:
HAZARA UNIVERSITY MANSEHRA.
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$$ecti#e $r!" Ean 9*) *+?*) the Nati!na%i2ed
c!""ercia% 'an(s and n! a%% !ther c!""ercia% 'an(s in Pa(istan ha#e intr!duced the
pr!$it and %!ss sharing 3PBS4 1ep!sit Sche"e $eatures !$ hich as under .
= PBS. Sa#ing Acc!unts
< PBS Ter" 1ep!sit Acc!unts
> In#est"ent 8$ PBS 1ep!sits
Mushari-ah Financin4 :
IA 'usiness re%ati!nship esta'%ished under a c!ntract 'y the "utua% c!nsent $ parties $!r
sharing !$ pr!$it and %!sses arising a D!int enterprise #entureL
IHarah ( Leasin4
IDara as Jan agree"ent here'y a pers!n agrees t! trans$er the usu$ruct !$ a pr!perty t!
an!ther pers!n $!r a "utua%%y agreed rent) ter"s) and c!nditi!ns hi%e the !nership !$ the
c!rpus !$ the %eased pr!perty re"ain #ested in %esser .
Mu.arabah Financin4 :
Mudara'ah is a 'usiness in hich a pers!n participates ith his "!ney hi%e the !ther
ith his s(i%% !r e$$!rts !r '!th his s(i%% and e$$!rts . NIT Units and Mutua% &unds are the
'est e0a"p%e !$ M!dara'a in Pa(istan .
T6+es O1 Mu.arabah :
* A% Mudara'ah A% Mu5ayyadah
: A% Mudara'ah A% Mut%a5ah
&9 A0 Mu.arabah A0 Mu2a66a.ah :
Particu%ar 'usiness !r particu%ar p%ace $!r the the "udari') in hich case he sha%%
in#est the "!ney in the particu%ar 'usiness !r p%ace . This is ca%%ed A% Mudara'ah A%
HAZARA UNIVERSITY MANSEHRA.
Mu5ayyadah .
:. A0 Mu.arrabah A0 Mu*0a2ah :
Ra'.u%."aa% gi#es $u%% $reed!" t! "udari' underta(e hate#er 'usiness he dee"s) $it
this is ca%%ed A% Mudara'ah A% Mut%a5ah .
(ses O1 Mushara-ah F Mu.arabah :
& Asse* Si.e Financin4 :
&9 Sh!rt G "ediu" G %!ng ter" $inancing
"9 Pr!Dect $inancing
;9 7ridge $inancing
=9 E0p!rt $inancing
$9 ,!r(ing capita%
Liabi0i*6 si.e Financin4 :
&9 Aurrent G Sa#ing G Mahana A"dani G In#est"ent .
"9 Inter 7an( Bending G '!rr!ing .
;9 Ter" &inance Aerti$icate .
Is*isna :
J Ad#ances pay"ent !$ g!!ds t! 'e "anu$actured asse"'%ed) 'ui%t !r c!nstructed) !r caused s!
t! 'e d!ne) at an agreed price in hich the g!!ds ith speci$icati!ns are t! 'e de%i#ered at 'e
de%i#ered at a speci$ied $uture date and p%ace .L
& Sa0a/ :
3Ad#ances pay"ent against de%i#ery4 J A sa%e here'y the se%%er agrees t! supp%y speci$ied
g!!ds t! a 'uyer 'y a $uture date in c!nsiderati!n !$ price paid in ad#ances at a ti"e speci$ied in
the c!ntract .L
HAZARA UNIVERSITY MANSEHRA.
8HAPTER =
HISTORY OF MEE'AN BAN@
=9&) MEE'AN BAN@
T! 'e a pre"ier Is%a"ic 'an( !$$ering a !ne.st!p sh!p $!r inn!#ati#e #a%ue.added pr!duct
and ser#ices t! !ur cust!"ers ithin the '!unds !$ 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 .
&<<
A% Mee2an In#est"ent 7an( is esta'%ished ith a "andate t! pursue Is%a"ic 7an(ing . Mr. Ir$an
Siddi5ui app!inted as $irst and $!unding Ahie$ E0ecuti#e 8$$icer .
&<<< :
The Shariat Appe%%ate 7ench !$ supre"e c!urt !$ Pa(istan reDect the appea% and direct a%% %as !n
interest 'an(ing t! cease 'ut the -!#ern"ent set in a high %e#e% c!""issi!n) tas( and
c!""ittees t! institute and pr!"!tes Is%a"ic 'an(ing .
"##& :
Muha""ad Ta5i Us"ani as a chair"en esta'%ished the shariah super#is!ry 7!ard at A% Mee2an
In#est"ent 7an( . State 7an( !$ Pa(istan set a criteria !$ Is%a"ic c!""ercia% 'an( in pri#ate
sect!r and su'sidiaries and stand a%!ne 'ranches 'y e0isting c!""ercia% 'an(s t! c!nduct
Is%a"ic 'an(ing in the c!untry .
"##" :
A% Mee2an c!n#ert itse%$ in t! a $u%% $%edge Is%a"ic c!""ercia% 'an( . The $irst Is%a"ic 'an(ing
%icense is issued t! the 'an( and is rena"ed Mee2an 7an( . President genera% Per#a2 Musharra$
HAZARA UNIVERSITY MANSEHRA.
Inaugurates the ne Is%a"ic c!""ercia% 7an( at a $!r"a% cere"!ny in Farachi.
"##;%%%%%"##< :
" Mee2an 7an( esta'%ished itse%$ a pi!neer !$ Is%a"ic 7an(ing in Pa(istan and
ide range !$ pr!ducts are de#e%!ped .
; The state 7an( esta'%ishes a dedicated Is%a"ic 'an(ing de#e%!p"ent 'y
"erging the Is%a"ic ec!n!"ic di#isi!n .
= Mee2an 'an( 'ec!"es the $irst cust!"er !$ Is%a"ic issuance 'y signing the
$irst "e"!randu" !$ understanding M8U ith pa( Fuait Ta(a$a%
c!"pany %td .
$ Mee2an 'an(s 'ec!"es the $irst Is%a"ic 'an( t! intr!duce ?a" t! ?p"
'an(ing at se%ected 'ranches in Farachi
! Mee2an 'an(s !pen up its *99
th
'ranch
,ith *>> 'ranches in =9 cities acr!ss Pa(istan. ,!r(s start !n the
c!nstructi!n !$ Mee2an 7an(s ne Head 8$$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( !$$ering a !ne.st!p sh!p $!r inn!#ati#e #a%ue.added pr!duct
and ser#ices t! !ur cust!"ers ithin the '!unds !$ Shariah) hi%e !pti"i2ing the sta(e
h!%der6s #a%ue thr!ugh an !rgani2ati!na% cu%ture 'ased !n %earning) $airness) respect $!r
indi#idua% enterprises and per$!r"ances .
HAZARA UNIVERSITY MANSEHRA.
=9;) 8,r+,ra*e )a0ues :
; 8,re )a0ues :
Shariah A!"p%iance) Integrity) Pr!$essi!na%is") Ser#ice E0ce%%ence) S!cia% Resp!nsi'i%ity .
= Bran. Pers,na0i*6 :
A s!'er and esta'%ished) str!ng) e"pathic) pr!$essi!na% pers!n/ h! is an e0tre"e%y %!ya% and
dependa'%e $riend and 'usiness partner) and is c!""itted t! !$$ering c!"prehensi#e #a%ue.
'ased Shariah c!"p%iant $inancia% s!%uti!ns .
$ S*a11 :
A!""itted) "!ti#ated and pr!$essi!na%%y trained e"p%!yees h! are e"pathic t! their
cust!"er Ns 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 .

HAZARA UNIVERSITY MANSEHRA.
ORGANIZATION CHART

HAZARA UNIVERSITY MANSEHRA.
=9= BA8@CRO(N3 RE)IE? :
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$erence t! the Tier * capita% Ade5uacy Rati!) is a'!#e ?9M. The
internati!na%%y accepta'%e standard) hich is a%s! the "ini"u" re5uire"ent !$ the state 7an(
!$ Pa(istan) is ?M. 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 A!""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 .
> Eustice 3Retd4 Muha""ad Ta5i Us"ani 3Pa(istan4 Ahair"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

HAZARA UNIVERSITY MANSEHRA.
8HAPTER $
8OMPREHENSI)E B(SINESS SOL(TIONS
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%d.c%ass ser#ice standards .

$9& 8,r+,ra*e An. 8,//ercia0 Ban-in4 :
Mura'aha O i"p!rt H E0p!rt &aci%ities
Mushara(ah O guarantees
1i"inishing Mushara(ah O 7i%% 1isc!unting 'y using 1!%%ar Sa%a" !r Mura'ah
IDarah O Is%a"ic E0p!rt re$inance
Mudara'ah
IstiDrar
Istisna
Re*ai0 Ban-in4 :
Rupee Sa#ing Acc!unt certi$icate !$ Is%a"ic In#est"ent
Aurrent Acc!unt M!nth%y Mudara'ah Aerti$icate
1!%%ar Sa#ing Acc!unt 1!%%ar Mudara'ah certi$icate
Far!'ari Muna$a Acc!unt Mee2an A"dan Aerti$icate
Mee2an Is%a"ic Instituti!n 1ep!sit Acc!unt Mee2an Pr!#idence Aerti$icate
8,nsu/er Financin4 :
Aar IDarah.Is%a"ic Aut! &inance
Easy H!"e O Is%a"ic H!using &inance
HAZARA UNIVERSITY MANSEHRA.
"=F Ban-in4 :
ATM G 1e'it Aard
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( A!n#ersi!n Ad#is!ry Ser#ices
Mergers H Ac5uisiti!ns Is%a"ic 7an(ing Training
$9" LARCEST BRAN8H NET?OR@
Mee2an 7an( has esta'%ished *99 'ranches in ;* cities acr!ss Pa(istan .
This is a "i%est!ne that is n!t !n%y the success st!ry !$ 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 .
HAZARA UNIVERSITY MANSEHRA.
S,u*hern Re4i,n 8en*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 8en*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;) FINAN8IAL BA8@INC:
Shareh,0.in4 s*ruc*ure K Rs9in /i00i,n
Pa(istan Fuait In#est"ent A! ;9 *)=@?
N!!r Fuait In#est"ent A! => :):=:
Is%a"ic 1e#e%!p"ent 7an() Eeddah + =<+
8thers *< @=@
Paid up capita% *99 =)+:>
$9=) SER)I8E A(ALITY :
Mee2an 7an(6s ser#ice "issi!n is K
HAZARA UNIVERSITY MANSEHRA.
J T! de#e%!p a c!""itted ser#ice cu%ture hich ensures the c!nsistent de%i#ery !$ !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.
$9$) A(AI3LS 8ON8EPT OF ISLAMI8 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!) RIBAMFREE BAN@INC OBNE8TI)ES :
: 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
*<And shareh!%ders.
HAZARA UNIVERSITY MANSEHRA.
8HAPTER !
MEE'AN TEAM
The 'usiness seg"ents !$ the 'an(s are K
A!rp!rate 7an(ing
In#est"ent 7an(ing
HAZARA UNIVERSITY MANSEHRA.
A!""ercia% 7an(ing
Treasury H &inancia% Instituti!ns
Asset Manage"ent
8,r+,ra*e Ban-in4 :
A!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( .
A!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 set.up in :99> and $!cuses pri"ari%y !n the
$!%%!ing acti#ities K
*Syndicated H Structured $inance
:Pr!Dect &inance
;A!rp!rate H &inancia% Ad#is!ry Ser#ices
In#est"ent 'an(ing has de#e%!ped uni5ue Shariah structuring capa'i%ity in a #ery sh!rt peri!d !$
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 .
8,//ercia0 Ban-in4 :
A!""ercia% 7an(ing target the "idd%e "ar(et . This "ar(et represent the 'ac(.'!ne !$
Pa(istan Ns ec!n!"y and has high gr!th p!tentia%. Since the incepti!n !$ this depart"ent in
:99<) Mee2an 7an( has "aintained a cauti!us and e%% 'a%anced appr!ach in '!!(ing
c!""ercia% 7an(ing assets as a resu%t !$ hich p!rt$!%i! assets 5ua%ity has 'een #ery g!!d O
HAZARA UNIVERSITY MANSEHRA.
e#idenced 'y ti"e%y pay"ent !$ a%% !'%igati!ns .Aust!"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 .
8,nsu/er Finance :
A!nsu"er &inance is resp!nsi'%e $!r "anaging the retai% assets pr!ducts !$ aut! $inance....Aar
IDarah and h!use "!rtgage .... Easy H!"e . ,ith pi!neering and pri"e. "!#er initiati#es in '!th
pr!ducts) the depart"ent has n! esta'%ished itse%$ !n s!und 'usiness in$rastructures) penetrated
(ey "ar(et seg"ents) and 'ui%t rec!gni2a'%e 'rand identities in n!t !n%y the Is%a"ic 'ut the
!#era%% 'an(ing sect!r .
Aar IDarah app%icati!n is usua%%y pr!cessed ithin t! days) hi%e the d!cu"ent intensi#e and
c!"p%e0 pr!cess !$ 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 this
peri!d) ithin depressed and uncertain ec!n!"ic c!nditi!ns
.
H,usin4 1inance :
The nati!n6s $irst Is%a"ic H!using &inance $aci%ity .Mee2an 7an(6s Easy H!"e c!"p%eted its
<
th
year in 1ece"'er :99+ and c!ns!%idated its "ar(et p!siti!n 'y underta(ing rs. *.< 'i%%i!n
ne dis'urse"ent during the year.
Branch Ne*5,r- J 3e+,si*s :
Mee2an 7an( has "aintained an aggressi#e 'ranch e0pansi!n p!%icy and added >> ne
'ranches and su' 'ranches t! its net!r() 'ringing the t!ta% net!r( t! *>> 'ranches in =9 cities
acr!ss c!untry. The 7an(6s 1ep!sit p!rt$!%i! gre t! Rs. @9.:;= 'i%%i!n during the year .
HAZARA UNIVERSITY MANSEHRA.
!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! USP *= 'i%%i!n) e5ui#a%ent t! ?.=M !$ -1P
hich is appr!0i"ate%y three and a ha%$ percentage p!ints higher than the initia% pr!Decti!n $!r
the 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 ;9M 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 :9M
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
HAZARA UNIVERSITY MANSEHRA.
7an( as a'%e t! rec!rd str!ng gr!th in dep!sits) that increased 'y :+M.c!"pared t! the
'an(ing sect!r as h!%e that gre 'y appr!0i"ate%y >M 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 #B";= $=B$8" "<
Financin4 an. in7es*/en*s $=B#$$ =$B&&" "#
Tra.e Business <;B;< ;B&"; "8
Branches &!! &## !!

8HAPTER

?HAT I HA)E LEARNE3 AS AN INTERNEE
It as #ery g!!d e0perience !$ internship at Mee2an 7an( . I as intr!duced t! di$$erent aspect
!$ "!ney ) 'an(ing and $inance and $!und this $ie%d #ery interesting .This rep!rt c!"prises "y
HAZARA UNIVERSITY MANSEHRA.
eight ee(s !$ internship at Mee2an 7an( . N! $irst !$ a%% I descri'ed the D!' descripti!n !$ the
'ranch e"p%!yees and hat I ha#e %earned $r!" di$$erent depart"ent .
9& &
s*
5ee-
I started "y $irst day !$ internship ith the intr!ducti!n !$ 'an( e"p%!yees and
ith intr!ducti!n !$ 'an( depart"ents. In This ee( Dust (n! h! !r( d!ne in the #ari!us
depart"ents in the 'an( Bi(eK
&inance
Mar(eting
I T
8perati!n Manage"ent etc
I (ne a'!ut the purp!se !$ the 'an( and the $uncti!ns !$ the 'an( and Dudge the
practica% per$!r"ance !$ the depart"ents.
I started "y sec!nd day !$ internship ith the %ecture !$ the 'an( !$$icer. He t!%d us a'!ut
Ri'a and its typesK
Ri'a a% Nasiah
Ri'a a% &ad%
Then he t!%d a'!ut i"p!rtant e%e"ent 7asic M!de !$ &inancing in hich Mu.araba and
Mushara-a %ies.
I %earnt a'!ut characteristics and pr!cedure !$ Mudara'a and Mushara(a.
Then I "!#ed t! Acc!unts 1epart"ent $!r %earning s!"ething ne.
I %earnt a'!ut I7T1R 3Is%a"ic 7an( Ter" 1ep!sit Receipts4 and (ne hat its "eaning
and $uncti!ns.
7asica%%y I7T1R in#!%#es Acc!untsK
HAZARA UNIVERSITY MANSEHRA.
Sa#ing 1ep!sit acc!unts
Ter" 1ep!sit acc!unts
I (ne a'!ut di$$erent types !$ sa#ing acc!unts %i(e M7A 3Mee2an 7achat Acc!unt4)
FMA 3(ar!'ari Muna$a Acc!unt4) A8II) MMA) MAA and etc. these are MU1ARA7A
'ased dep!sits pr!ducts.
I %earnt a'!ut the pr!$it rates !$ the acc!unts and pr!cedures t! !pen these acc!unts.
I %earnt a'!ut a%s! A1R 3Aa%% 1ep!sit Receipts4 and its pr!cedure and (ne its purp!se and h!
t! $i%% it an pr!ceed.
9" "
n.
J ;
r.
5ee-
I started this ee( ith the %ectures !$ the 7an( !$$icer a'!ut 'an( and its per$!r"ance. I %earnt
the actua% "eans !$ practica% !r( in the 'an(. &irst !$ a%% I started "y !r( in the AAA8UNT
8PPENIN- 1EPARTMENT !$ the 'an( in hich I %earnt h! an acc!unt can 'e !pened in a
'an() hich d!cu"ents are necessary t! attach it ith the acc!unt !pening $!r" and h! "any
(inds !$ acc!unt are used in 'an( %i(e
Sin40e
N,in* +ers,na0
S,0e +r,+rie*,rshi+
The re5uire"ent $!r !pening these types !$ aGc are
Se%ect the nature !$ aGc
Attested ph!t! !$ app%icant
Then the per"anent address
NIA c!py.
!ccupati!n
The re$erence !$ any pers!n h! has a%ready the aGc !r any respected pers!na%ity
HAZARA UNIVERSITY MANSEHRA.
The !ther in$!r"ati!n re%ated t! the aGc $i%%ed !n ch!ice !$ app%icant.
The signatures are d!ne !n $!r" as e%% as !n the speci"en signature card $r!" here
the signature i%% 'e scanned as a rec!rd in c!"puter
Partnership
Bi"ited c!"pany
Trusts
A%u's
Ass!ciati!n etc.
The re5uire"ent $!r !pening these types !$ aGc are
9"9& F,r +ar*nershi+
Attested ph!t!c!py !$ ANIA !$ a%% partners
Attested c!py !$ Partnership 1eed du%y signed 'y a%% partners !$ $ir".
Attested c!py !$ Registrati!n Aerti$icate ith register !$ &ir". In case the partnership is
unregistered this $act sh!u%d 'e c%ear%y "enti!ned !n the aGc !pening $!r"
Auth!rity %etter) in !rigina%) in $a#!r !$ the pers!n auth!ri2ed t! !perate !n the aGc !$ the
$ir".
9"9" F,r N,in* S*,c- 8,/+an6
HAZARA UNIVERSITY MANSEHRA.
Res!%uti!n !$ 7!ard !$ 1irect!rs $!r !pening !$ aGc speci$ying the pers!n3s4 auth!ri2ed t!
!perate the c!"pany aGc
Me"!randu" and artic%es !$ ass!ciati!n.
Aerti$icate !$ inc!rp!rati!n
Aerti$icate !$ A!""ence"ent !$ 7usiness
Attested ph!t!c!pies !$ ANIA !$ a%% direct!rs
Bist !$ direct!rs !n &!r" :+ issued 'y the Registrar E!int St!c( A!"pany
9"9; F,r 80ubsB s,cie*ies an. Ass,cia*i,ns
Aerti$icate c!pies !$ Aerti$icate !$ registrati!n 7y. %a G ru%es Hregu%ati!ns
Res!%uti!n !$ the -!#erning 7!dy G E0ecuti#e A!""ittee $!r !pening !$ aGc auth!ri2ed
the pers!n t! !perate the aGc and attested c!py !$ the ANIA !$ the auth!ri2ed pers!n3s4
As understanding signed 'y a%% auth!ri2ed pers!ns !n 'eha%$ !$ the institute "enti!ning
that hen any change ta(es p%ace in the pers!ns auth!ri2ed t! !perate !n the aGc) the
'an(er i%% 'e in$!r"ed i""ediate%y.
9"9= F,r A4en*s aFc
Aerti$icate !$ p!er !$ Att!rney
Attested ph!t!c!py !$ ANIA !$ the agent.
9"9$ Trus*s aFc
Attested c!py !$ Aerti$icate !$ Registrati!n
Attested ph!t!c!py !$ ANIA !$ a%% the trustees
Aerti$ied c!py !$ instru"ent !$ Trust.
HAZARA UNIVERSITY MANSEHRA.
QThe "!st di$$icu%t tas( re%ated t! 'an( $!r a c!""!n citi2en is t! !pen an aGc in any 'an(Q said
Sir Tan#eer.
Then the t! app%icant $!r"s are $i%%ed in $r!nt !$ "e. It t!!( t!! "uch ti"e t! gather the
in$!r"ati!n $r!" app%icant.
I $i%%ed up s!"e $!r"s $!r practica% practices and (ne a'!ut the nature !$ the $!r".
I practica%%y per$!r"ed h! %etter !$ than(s attached t! the $!r"s and send t! the
cust!"er.
I %earnt a'!ut the di$$erent types !$ sta"ps) hich are necessary $!r the acc!unt !pening
and %earnt a'!ut the use !$ the sta"ps at the right p%ace.
I %earnt h! t! attach signature speci"en card t! the acc!unt !pening $!r" $!r 'an(
rec!rd.
9; =
*h
?ee-
I started "y ee( !$ internship ith the dai%y %ectures !$ the 'an( !$$icer 3Mr. Su'tain R8-IIS4
h! is the !rgani2er !$ internship pr!gra" $!r internees in "ee2an 'an(.
I %earnt a'!ut the r!%e !$ STATE 7ANF 8& PAFISTAN in Pa(istan6s ec!n!"y $r!" the
%ecture and (n! a'!ut the prudentia% regu%ati!ns 'rie$%y n!t e0p%anat!ry hich are
Regu%ati!n M.* @n,5 Y,ur 8us*,/er (@Y8)
Regu%ati!n M.: An*i%M,ne6 Laun.erin4 Measures
Regu%ati!n M.; Rec,r. Re*en*i,n
Regu%ati!n M.= 8,rres+,n.en* Ban-in4
Regu%ati!n M.< Sus+ici,us Transac*i,ns
HAZARA UNIVERSITY MANSEHRA.
In acc!unt !pening depart"ent I %earnt the use !$ ATM card and %earnt h! t! $i%% ATM
$!r".
Then I (n! h! t! receipts are $i%%ed.
I %earnt h! !n %ine pay"ents are "ade and h! cash !r receipts are trans$erred.
&irst !$ a%% I %earnt a'!ut ATM PIN ISSUANAE pr!cedure and (ne hy it is necessary
$!r cust!"er !r acc!unt h!%der.
Then he sh!ed us "!du%e in c!"puter that h! he enters the data !$ cust!"er and h!
it pr!ceeds.
A$ter pr!ceeding c!"puter sh!s a pin nu"'er that is issued $!r that cust!"er h! $i%%ed
the $!r" $!r ATM. And this !r( is d!ne "eans pin issuance 'y Head 8$$ice.
Then I %earnt a'!ut the ter" ATM 8ash Re+0enish. He t!%d us that h! it !r(s and hat its
pr!cedure and hy it is used.
9= $
*h
?ee-
I started "y !r(ing day ith s!"e !r() hich has t! c!"p%ete $r!" the pre#i!us ee( ith
acc!unt !pening $!r"s.
I %earnt a'!ut inard and !ut ard c%earing and %earnt h! the transacti!ns are "ade.
I %earnt h! t! rite the inard c%earing che5ues in the transacti!n rec!rd '!!(.
I %earnt t! deduct the return che5ues $r!" the added a"!unt !$ a%% che5ues.
I %earnt the entry !$ pay !rders in the rec!rd '!!(.
Fn! h! !$ e"p%!yees.
HAZARA UNIVERSITY MANSEHRA.
THEN
I started "y !r( again in Acc!unts 1epart"ent. The !$$icer a%s! d!esGhand%e the !ther !r(
Bi(e REMITTANAE depart"ent.
I %earnt a'!ut the PAY 8R1ER and 1EMAN1 1RA&T. He t!%d us the di$$erence !$ Pay
8rder and 11.
I %earnt a%s! a'!ut the pr!cedure !$ it. I a%s! sa the Pay 8rder che5ue and (ne a'!ut its
attri'utes.
7ut 11 is n!t "ade in Sahia% 7ranch. 7ut s!"eti"es i$ necessary then they "ade it.
7ut "!st%y Pay 8rders are "ade and send it t! !ther cities a%s!. 8n%y Mee2an 7an(
pr!#ide this !pp!rtunity !$ Pay 8rder t! send !utside the city a%s!.
I a%s! %earnt a'!ut the $aci%ity !$ B8AFERS and its $uncti!ns.
B!c(ers ha#e ; types !$ itK
S/a00 Size L,c-ers
Me.iu/ Size L,c-ers
Lar4e Size L,c-ers
The !$$icer t!%d us its $uncti!ns and charges and I (ne a'!ut that h! can h!%d %!c(er
and hich d!cu"ents are re5uired $!r getting the %!c(ers. B!c(ers are the $ire pr!!$.
I attended the ee(%y "eeting !$ 'an( "anager ith e"p%!yees and attended the %ecture
a'!ut "!dern ay !$ 'an(ing de%i#ered 'y the 'an( "anager $!r the success i$ the
'ranch6s 'usiness.
9$ !
*h J *h
5ee-
HAZARA UNIVERSITY MANSEHRA.
I started "y day ith the dai%y %ecture and genera% discussi!n a'!ut 'an(ing and sc!pe !$
'an(ing in Pa(istan in c!"ing years.
I re#ised a%% practices acc!rding t! acc!unt !pening depart"ents and c%eared "y a%%
c!n$usi!n re%ated t! that depart"ent tr!ugh g!t !r( in that $ie%d.
I ga#e "y $eed'ac( as a internee a'!ut the en#ir!n"ent !$ the 'an( and a'!ut "y
!r( e0perience in that depart"ent
I started "y day ith the dai%y %ecture a'!ut 7an(.
A$ter that I ent t! AAA8UNTS 1EPARTMENT and started "y !r(. &irst !$ a%% I
c%eared "y a%% c!n$usi!ns a'!ut the pre#i!us t!pics then I started t! %earn $urther.
I %earnt a'!ut &TT 3&!reign Te%egraphy Trans$er4 a%s! (n!n as S?IFT Message.
In it I (ne that h! can get and send "!ney $r!" and t! $!reign c!untries.
He t!%d us its pr!cedure and $uncti!n. I (ne a'!ut h! the "essage can create and
hat s!urces are used $!r it.
Then I %earnt a'!ut SMS ALERTS. He t!%d us its $uncti!n and I (ne a'!ut that
hat in$!r"ati!n is re5uired $!r its acti#ati!n and hat in$!r"ati!n it gi#es t!
cust!"er thr!ugh SMS.
I %earnt hat are the L,ca0 P,s*in4 and On0ine Trans1errin4 and h! it is d!ne.
Then I %earnt hat St!p Pay"ent is and h! it is per$!r"ing and hat its ter"s and
c!nditi!ns.
I (ne a'!ut hat Acc!unt A%!sing is and hat its pr!cedures t! c%!se it and hat
charges are re5uired $!r it.
Then I sa the "!du%e !$ dai%y Acc!unts and E0pense Entries p!sting. And (ne
a'!ut the reas!n !$ entering it.
HAZARA UNIVERSITY MANSEHRA.
9! 8
*h
?ee-
I started "y ?
th
ee( !$ internship ith the %ecture !$ the 7an( Manager h! is Mr. Sh!ai') the
%ecture as a'!ut Is%a"ic 'an(ing and its di$$erences in c!n#enti!n 'an(ing.
I (ne a'!ut the Shariah and the s!urces !$ Is0a/ic Shariah.
Then I %earnt a'!ut Is0a/ic Ban-in4 and (ne hat its actua% "eaning.
In Is%a"ic 7an(ing a ter" Riba Free is used hich "eans JA#!id InterestL.
Is%a"ic 7an(ing is a syste" !$ Trade here -!!ds and Ser#ices are s!%d and Aapita% is
in#ested t! earn Ha%a% pr!$it 'y ta(ing Ris(.
Interest &ree 7an(ing is su'set !$ Is%a"ic 7an(ing c!ncept representing a nu"'er !$
7an(ing 8perati!ns hich a#!id Interest.
I %earnt a'!ut A!n#enti!n 7an(ing hich is 'ased !n Pricing "!ney and earning Interest.
Apparent%y Is%a"ic and A!n#enti!n 7an(ing "ay %!!( sa"e 'ut Is%a"ic 7an(ing is
per"issi'%e "eans JA%%ah has per"itted trade and $!r'idden Ri'aL.
I %earnt a'!ut di$$erence 'G Is%a"ic and A!n#enti!n 7an(ing up t! s!"e e0tent.
Then I "!#ed t! ne0t depart"ent that as AAA8UNTS 1EPRTMENT.3ith the h!%d !$
IT deptt) Re"ittance deptt4
I started "y !r( in Acc!unts 1epart"ent.
The 8$$icer h! is Mr. &aysa% ga#e the !#er#ie !$ his !r(ing that he d!es.
I %earnt a'!ut che5ues h! t! $i%% the" and (ne a'!ut its $uncti!ns.
I %earnt that in 'an(ing che5ue is (n!n as 1r. Instru"ent.
Then I %earnt a'!ut cr,ss che2ue and cr!ss che5ue has t! *6+esK
Si/+0e cr,ssin4
S+ecia0 cr,ssin4
HAZARA UNIVERSITY MANSEHRA.
I (ne a%s! an!ther type !$ che5ue that is Or.er 8he2ue and its purp!se and $uncti!n.
That day I %earnt a'!ut che5ue pr!cedure and its use in di$$erent ays.
HAZARA UNIVERSITY MANSEHRA.
HAZARA UNIVERSITY MANSEHRA.
8ha+*er 8
FINAN8IAL ANALYSIS
89& LIA(I3ITY RATIO
It is the re%ati!nship 'eteen the current assets and current %ia'i%ities !$ a c!ncern.
Aurrent Rati! T Aurrent AssetsGAurrent Bia'i%ities
Year "##! "## "##8 "##<
8urren* Asse*s >?*:@>* *9:*::>+ +;@;<@@ @*9?>?<
8urren* 0iabi0i*ies ;:=:==> =?=?==9 ;>9@@>> <9><<*;
8urren* Ra*i, :.* :.*9 :.<+ *.=
HAZARA UNIVERSITY MANSEHRA.
Liquidity Current Ratio
2.1 2.1
2.59
1.4
0
1
2
3
1 2 3 4
2006 2007 2008 2009
S,07enc6 Ra*i,
1e't e5uity Rati! T 1e't %ia'i%itiesG Net assets
Year "##! "## "##8 "##<
3eb* 0iabi0i*ies :==9?@+= ;>?:>?:= <@?>=*;@ @=;:<<@+
Ne* asse*s >?*:@>* *9:*::>+ <@9>><> <+@=+@?
3eb* e2ui*6 Ra*i, ;.<? ;.>9 *9.*; *:.=
HAZARA UNIVERSITY MANSEHRA.
Debt Equity Ratio
0
10
20
2006 2007 2008 2009
Series1 3.58 3.6 10.13 12.4
1 2 3 4
Pr,1i*abi0i*6 ra*i,
Year "##! "## "##8 "##<
Ne* Pr,1i* /ar4in *?.< *@.?9 *>.:@ ?.:@
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 T3P7IT G Aapita% e"p%!yed4U*99
P7IT T A!re 'an(ing inc!"e 'e$!re pr!#isi!n
Aapita% E"p%!yed T E5uity V 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
:99+ >;=* V **9:<9+* T **9;*=;:
:99? <@:9 V <@?>=*;@ T <@?>+?<@
:99@ =@>; V ;>?:>?:= T ;>?;*<?@
:99> ;?:* V :==9?@+= T :==*:>*<
In7es*/en* Ra*i,
Year "##! "## "##8 "##<
Earnin4 Per Share *.*> *.?? *.+> *.:>
Price Earnin4 Ra*i, *<.+: *9.<* *<.: *@.9;
3i7i.en. Per Share *> *9 :9 ?.>
In :99?the per share earning is g!!d 'ut it decreases in :99+ *.+> t! *.:> s! the "anage"ent has
t! gi#e attenti!n here.
HAZARA UNIVERSITY MANSEHRA.
Earning Per Share
0
2
4
2006 2007 2008 2009
Series1 1.16 1.88 1.96 1.26
1 2 3 4
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
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 $uture.
8a+i*a0 A.e2uac6 Ra*i, (8a+i*a0 *, Ris- (?ei4h*e.) Asse*s Ra*i,)
Year :99> :99@ :99? :99+
A#erage Rati! *.>@ *.<@ *.@9 .?:
A#erage E5uity *>.@9 *<.>= *9.;9 *?.;+
HAZARA UNIVERSITY MANSEHRA.
!erage Ratio
1.67
1.57
1.7
0.82
0
0.5
1
1.5
2
1 2 3 4
2006 2007 2008 2009
HAZARA UNIVERSITY MANSEHRA.
!erage Equity
16.7
15.64
10.3
18.39
0
5
10
15
20
1 2 3 4
2006 2007 2008 2009
8HAPTER <
S?OT ANALYSIS
<9& S*ren4*hs
&irst e0c%usi#e Is%a"ic 'an(.
The %argest Is%a"ic 7an( in Pa(istan ith a net!r( !$ !#er :9= 'ranches in <= cities.
And ending this year they ha#e increase his 'ranches in Pa(istan t! :?9 'ranches.
Str!ng gr!th !$ its Is%a"ic 'an(ing S7U.
The "e"'ers !$ the Shariah Super#is!ry 7!ard !$ Mee2an 7an( are Internati!na%%y.
ren!ned sch!%ars) ser#ing !n the '!ards !$ "any Is%a"ic 'an(s !perating in di$$erent
c!untries.
Mee2an Pr!#idence Aerti$icate is a %!ng.ter" in#est"ent certi$icate specia%%y designed t!
cater t! the needs !$ c!rp!rate and 'usiness c!ncerns $!r purp!ses !$ in#esting their
Pr!#ident) Pensi!n and -ratuity &unds. As any prudent in#est!r) y!ur "ain c!ncerns
!u%d 'e t!ta% security a%!ng ith the 'est returns p!ssi'%e) especia%%y as these $unds are
a trust $r!" y!ur e"p%!yees and !ne that 'ears an i"p!rtant resp!nsi'i%ity.
Farachi) August :9) :99?K Mee2an 7an() the %argest Is%a"ic 7an( in Pa(istan has 'een
c!n$erred the 7est Is%a"ic 7an( Aard 'y Raa%pindi Aha"'er !$ A!""erce and
Industry.
The Ahie$ Minister !$ PunDa' Mr. Shah'a2 Shari$ 'est!ed this aard t! Mr. Sa%ee"
Fhan Regi!na% Manger . N!rth) Mee2an 7an( at :*st RAAI achie#e"ent aards
cere"!ny he%d at the A!n#enti!n Aenter in Is%a"a'ad.
1edicated and pr!$essi!na% sta$$
Shariah '!ard !$ ren!ned sch!%ars
HAZARA UNIVERSITY MANSEHRA.
Hea%thy !r(ing en#ir!n"ent
Str!ng shareh!%ding
<9" ?ea-nesses
High charges $!r di$$erent acti#ities such as !n%ine !r 1e"and 1ra$t as c!"pared t!
c!"petit!rs.
%ac( !$ pr!"!ti!ns and ad#ertising !$ their pr!ducts and ser#ices.
Bengthy H e0tensi#e d!cu"entati!n
Aentra%i2ed pr!cedures "a(ing pr!cess s%!
,ea( "ar(eting strategy) Target "ar(et n!t identi$ied
8$$ering $eer ser#ices than the c!"petit!rs
Ris( A#erse) appr!ach !$ Head !$$ice.
The Is%a"ic ec!n!"ic syste" is n!t s!"ething that can !r( in is!%ati!n !$ the ge!.
p!%itica% and %egis%ati#e syste") as e%% as) and "!re i"p!rtant%y the s!cietyWs 'eha#i!rs
t!ards the inDuncti!ns !$ Is%a"ic Shariah in pers!na% and c!%%ecti#e "atters.
Acc!rding%y) !ne can easi%y i"agine that in an ec!n!"y here'y "!st !$ the
'usiness"en are n!t h!nest in $air%y presenting the $inancia% state"ents !$ their
'usinesses) h! di$$icu%t it is t! intr!duce a pr!$it.and.%!ss sharing 'ased $inancia%
s!%uti!n.
Mee2an 7an( Bi"ited has n! Aredit card $aci%ity
Restricted Shariah 'ased p!%icies
HAZARA UNIVERSITY MANSEHRA.
<9; O++,r*uni*ies
H!use $inancing sect!r can 'e targeted t! "a0i"i2e the pr!$it.
-r!ing de"and !$ Is%a"ic $inancia% pr!duct and ser#ices.
Venturing int! Is%a"ic gr!ups !ut side the c!untries as !pp!rtunity t! e0pand 'usiness in
UAE and -!%$ states. i.e $inancia% instituti!ns.
A!"ing up ith. Pr!ducts $!r the SME t! targeting the "ediu" %e#e% cust!"ers.
1!ing 'usiness ith c!"panies ha#ing Is%a"ic "indset. I.e Is%a"ic $inancia% Instituti!ns.
Increase 'ranch net!r( ithin the c!untry.
<9= Threa*s
Ne c!"petit!rs setting up their Is%a"ic 'an(ing secti!ns and they ha#e the
in$rastructure) s(i%%) a'i%ity) res!urces H attitude t! capture the "ar(et "!re than the
Mee2an 'an(.
High Interest Rate $r!" S7P
S7P has n!t specia% p!%icy regarding Is%a"ic 7an(ing.
1isass!ciati!n !$ Mau%ana Ta5i Us"ani $r!" the Shariah ad#is!ry '!ard !$ Mee2an
7an(.
-!#t. p!%icies are "!st%y $!r c!n#enti!na% 'an(ing syste" n!t $!r specia%%y designed $!r
Is%a"ic 'an(ing.
Ahange in -!#ern"entWs attitude t!ards Is%a"ic 'an(ing.
&ears !n the credi'i%ity !$ Is%a"ic 'an(ing ethica% c!"p%iance and "!nit!ring syste"s.
HAZARA UNIVERSITY MANSEHRA.
Re#ieing this S,8T ana%ysis $r!" ti"e t! ti"e !u%d he%p e#a%uate the 'an(Ws p!siti!n. It
!u%d he%p the "anage"ent in c!"paring their strengths !$ the past ith th!se !$ the present and
t! hat e0tent the "anage"ent has 'een a'%e t! !#erc!"e the ea(nesses.
HAZARA UNIVERSITY MANSEHRA.
HAZARA UNIVERSITY MANSEHRA.
8HAPTER &#
8ON8L(SIONS
8ne !$ the "!st i"p!rtant ai"s !$ the student %i$e is t! e0press hi" G her c!rrect%y and
ade5uate%y. This as 'e%ie#ed in "y "ind hen I $irst decided t! g! t! Is%a"ic Mee2an 7an(
Bi"ited t! c!"p%ete "y internship pr!gra".
The !rgani2ati!n has 'een n!t gr!ing '!th in si2e and pr!$it $!r past $e years and 'ut
repute in the "ar(et is g!!d. The e"p%!yee turn!#er is #ery high hich they ha#e t! cut d!n as
they are %!sing a nu"'er !$ g!!d trained e"p%!yees due t! its p!!r p!%icy. The year :99? is
e0pected t! !$$er increased c!"petiti!n in the secured assets 'usiness as "!re Is%a"ic 'an(s are
in the "ar(et. ,ith their $!cused strategy and pr!duct de#e%!p"ent initiati#es p%anned $!r the
year) Mee2an 7an( is str!ng%y p!siti!ned t! "eet these cha%%enges. The 'an( has #ery e%%
repute in the "ar(et. 8#era%% 'an( is g!ing e%% and d!ing a g!!d 'usiness 'ut there are $e
pr!'%e"s $!r that I ha#e tried t! gi#e $e rec!""endati!ns that "ight he%p c!"pany t! i"pr!#e.
S! $ina%%y this internship pr!gra" has he%ped "e a %!t in gaining practica% (n!%edge !$ D!' that
i%% he%p "e in the practica% %i$e !nce I c!"p%ete "y 77A.
HAZARA UNIVERSITY MANSEHRA.
8HAPTER &&

RE8OMMEN3ATIONS
8n the 'asis !$ "y e0perience ith 'an( during the c!urse !$ internship) I rec!""end $!%%!ing
suggesti!nsK
&&9& PERFORMAN8E APPRAISAL:
In the case !$ per$!r"ance appraisa%) "anage"ent sh!u%d e#a%uate the per$!r"ance !$ the
e"p%!yees !n "erit and rec!""end their incre"ents and pr!"!ti!ns !n%y !n the 'asis !$ rea%
per$!r"ance. E"p%!yees sh!u%d 'e treated un'iased and appraisa% sh!u%d 'e per$!r"ance 'ased
n!t $a#!ritis" and %i(eness 'ased. This n!t !n%y appreciates the e"p%!yee 'ut a%s! i"pr!#es his
!r( and satis$acti!n) his practice i%% sure%y enc!urage and "!ti#ate the e"p%!yees $!r
i"pr!#ing their indi#idua% per$!r"ances) hich i%% %ead t!ards !#era%% i"pr!#e in the
situati!n.
&&9" PROPER NOB ROTATION:
E"p%!yees sh!u%d 'e r!tated a$ter certain peri!ds in !rder t! enhance their capa'i%ities and "a(e
the" a'%e t! c!"pete in the changing en#ir!n"ent !$ the "ar(et. In this ay) they i%% $ee%
interested during !r(ing in di$$erent depart"ents. The 'est ay t! i"pr!#e e"p%!yee6s
per$!r"ance is t! re#!%#e the" ithin !rgani2ati!n !$ten a speci$ied peri!d !$ ti"e. They i%%
n!t !n%y ha#e %eaning and training !pp!rtunities 'utt a%s! they $ee% attracti#eness in d!ing ne
HAZARA UNIVERSITY MANSEHRA.
D!' and his per$!r"ance i"pr!#es.
&&9; FAIR BENEFITS:
A%th!ugh "!st !$ the e"p%!yees are unsatis$ied 'ut e#en then turn!#er rate is %!. This is due t!
the reas!n that s!"e !$ the" are !n c!ntractua% 'ases s! that they cann!t a#ai% "ar(et !$$ered
!pp!rtunities. 8n the !ther side they "ay n!t 'e getting 'etter !pp!rtunities. A%th!ugh the return
is %! $!r the" yet it is reas!na'%e) that6s hy they are sti%% her!. They sh!u%d 'e aarded ith
"!re 'ene$its t! i"pr!#e their per$!r"ance and !#era%% pr!ducti#ity) as satis$acti!n !$ interna%
cust!"ers %eads t!ards satis$acti!n !$ e0terna% e"p%!yees.
&&9= O)ER LOA3 OF ?OR@:
The pr!'%e") hich I ha#e n!ticed $aced 'y the e"p%!yees in a'sence !$ an e"p%!yee) can 'e
re"!#ed 'y hiring two e"p%!yees in each depart"ent. In a'sence !$ any !$ the e"p%!yee !ther
i%% 'e a'%e t! d! h!%e !r( and e"p%!yee $r!" !ther depart"ent ha#e n!t t! inter$ere in this
depart"ent This i%% decrease !#er %!ad !$ !r(.
Pr!'%e" !$ sh!rtage !$ e"p%!yees can a%s! 'e re"!#ed 'y ad!pting the a'!#e. "enti!ned
rec!""endati!n.
&&9$ 8RE3IBILITY OF 8(STMERS:
Ahe5ues) hich are dran !n Mee2an 7an( 'ranch and returned unpaid in c%earing) are n!t
re$%ected in the state"ent !$ acc!unt !$ the cust!"ers. These che5ues "ust 'e re$%ected in the
acc!unts s! that credi'i%ity !$ the cust!"ers "ay 'e assessed.
&&9! 8(STOMER RELATIONSHIP:
Fn!ing the cust!"ers and their needs is the (ey t! 'usiness success. 7y attitude the "anager
HAZARA UNIVERSITY MANSEHRA.
can i"pr!#e the re%ati!nship ith the cust!"ers. 7y ha#ing the understanding) hat a cust!"er
ants) the "anager can i"pr!#e the re%ati!nship ith the cust!"ers.
Mee2an 7an( sh!u%d understand that the c!""it"ent t! satis$y cust!"er6s needs "ust 'e
$u%$i%%ed ithin a pr!$essi!na% and ethica% $ra"e!r(. They sh!u%d !'ser#e a cu%ture !$ high
ethica% standards) 'ased up!n de#e%!p"ent !$ right attitude.
A%th!ugh Mee2an 7an( has 'een i"pr!#ing its c!rp!rate 'eha#i!r) e#en then they sh!u%d
c!ntinue their e$$!rt $!r 'etter c!rp!rate 'eha#i!r. There is a need !$ i"pr!#ing cust!"er
re%ati!ns in Mee2an 7an(. &!r attitude i"pr!#e"ent specia% c!urses sh!u%d 'e arranged under
specia%i2ed teachers) thr!ugh %ectures) se"inars and !ther interacti#e techni5ues. It i%% c!st the
'an( 'ut i%% 'e "!re pr!$ita'%e $!r the 'an( in the %!ng run.
&&9 EMPO?ERMENT OF EMPLOYEES:
A!""it"ent is a $uncti!n !$ e"p!er"ent d!n the %ine) there$!re) the $uture !$ Mee2an 7an(
%ies in the $act that they sh!u%d re"ain c!""itted and necessary e"p!er"ent sh!u%d $%!
regu%ar%y t! %!er %e#e%s !$ hierarchy) s! that the per$!r"ance de%i#ery is "ade "!re $%e0i'%e.
,ith the e"p!er"ent !$ %!er %e#e% e"p%!yees they i%% $ee% secure in the !rgani2ati!n and
they i%% !r( ith de#!ti!n $!r the 'etter"ent !$ the !rgani2ati!n.
&&98 MAR@ETINC 8(LT(RE:
The e"p%!yees sh!u%d 'e gi#en specia% training $!r "ar(eting. Pr!per acti!n sh!u%d 'e ta(en $!r
"ar(eting s! that the increased sa%e !$ di$$erent pr!ducts i%% resu%t in increase !$ the pr!$it !$
the 'an(. The e"p%!yees !$ the 'an( sh!u%d 'e trained ith the 'asic c!ncepts !$ the "ar(eting
under the guidance !$ the e0perts.
&&9< HEALTHY A8TI)ITIES:
There is %ac( !$ hea%thy and entertain"ent acti#ities %i(e e0cursi!ns !n ee(end) parties and
!ther i"p!rtant days) ce%e'rati!n in their tidy %i$e. Such acti#ities sh!u%d 'e enc!uraged at !nce
in a "!nth.
HAZARA UNIVERSITY MANSEHRA.
FIN3INCS:%
Mee2an 7an( Bi"ited pr!#ides s! "uch $aci%ities t! their cust!"ers 'ut s!"e pr!'%e"s a%s!
arise ith these $aci%ities.
*4 Space !$ the 'an( is #ery %i"ited.
:4 -enerat!r is a#ai%a'%e 'ut its n!t !r(ing due t! hich the pr!'%e" !$ %ight arise and due
t! hich the !r(ing !$ the 'an( st!p and cust!"er $aced s! "uch pr!'%e"s.
;4 UPS is a%s! a#ai%a'%e 'ut it !r( hard%y $!r : "in6s.
=4 Par(ing area is n!t a#ai%a'%e $!r '!th cust!"ers and e"p%!yees.
<4 ,ater pr!'%e"s.
S(CCESTION
*4 There sh!u%d 'e a pr!per aiting r!!" $!r cust!"ers.
:4 As it is an 8n%ine 7an(ing Syste" i$ there is n! %ight e#erything is shutd!n s! they
sh!u%d "aintain their e%ectric pr!'%e".
;4 There sh!u%d 'e pr!per par(ing syste" $!r e"p%!yees and cust!"er.
=4 As it is e%% (n! !rgani2ati!n a "in!r pr!'%e" %i(e a#ai%a'i%ity !$ drin(ing ater
sh!u%d n!t 'e there.
HAZARA UNIVERSITY MANSEHRA.
Re1erences:
X ."ee2an'an(.c!"
X #.encarta.c!"
X httpKGG##0#.hist!ry!r%d.net
XMee2an7an(
X Mee2an 7an( Annua% Rep!rt :99+
HAZARA UNIVERSITY MANSEHRA.
BIBLIOCRAPHY
A('ar Au. 3:99?4 9 A Han. ,u* ,n 8,//ercia0 Len.in4,
1ecen2!. 1a#id) A. and Stephen P. R!''ins) 3:99=)4. Human Resource Management.
USAK E!hn ,i%%ey and S!ns Inc.
8hani) MA. 3:99?4 Ad#anced Acc!unting) Bah!re/ PaR.I"peria% 7!!( 1ep!t.
Internship Rep!rts) Is%a"ic Uni#ersity Is%a"a'ad) Ha2ara Uni#ersity Mansehra
7an( A%$Y%ah Btd. 3:99<4. Credit Manual, Farachi.
7an( A%$a%ah Btd). 3:99<4. Manual. Farachi.
7an( A%$a%a' Btd)) 3:99>4. Annual Report. Farachi.
R!'ert) &.M. ,i%%ia"s) S.& Ha(a and M.S) 7ettner. 3*+++4. Acc!unting/ ti%e 'asis $!r
'usiness decisi!ns) Ne Y!r(/ Irin Mc-ra.Hi%%.
Se(aran. U"a) 3*+++4. Research ivfethod for Business. ;Ld editi!n) Ne Y!r(K E!hn
,i%ey and S!ns Inc.
Van I B!rne) EA and E.M. ,ach!ic2) Er. 3:9994. &!undati!n !$ &inancia%
Manage"ent) **th editi!n) Ne Eersey/ Print ice.Hai%) Inc.
,hether) ,i%%ia" 7. ER and 1a#is) Feith) 3:9994. Human Resource and ersonnel
.!fanageinent. Ne Y!r(K Mc-ra.I.Ti%%) Inc.
,. Hein2) F. Har!%d 3*+++4. Management" A global perspective, *9th editi!n) Ne
Y!r() Mc-ra *.**** Pu'%icati!n
1r Asrar H. Siddi5i 3:99:4 Practices and Ba !$ 7an(ing In Pa(istan
1r . Muha""ad I"ran Ashra$ Us"ani 3:99:4 Is%a"ic 7an(ing
HAZARA UNIVERSITY MANSEHRA.


HAZARA UNIVERSITY MANSEHRA.