picture Presentat ion on s Strength Weaknesses Oppurtun it ies Threats
IQRA UNIVERSITY - GULSHAN CAMPUS
(Assignment submitted to Professor Shahzaib Khan) 1 Our Team:
MUHAMMAD ALI DANISH
GHAYAS HASSAN
SHARJEEL NAVEED
MUHAMMAD ALI AWAN
NASIR HUSSAIN
IQRA UNIVERSITY - GULSHAN CAMPUS (Assignment
submitted to Professor Shahzaib Khan) 2 What is Meezan Bank?
Meezan Bank Limited is a publicly listed company
offering Islamic Banking Services in Pakistan. It was incorporated on January 27, 1997, starting operations as an Islamic investment bank in August of that year. In January 2002, Meezan Bank was granted Pakistan's first full-fledged commercial banking license dedicated to Islamic Banking, by the State Bank of Pakistan.
The Bank’s shareholders includes financial institutions, like the
Pak Kuwait Investment Company, the ‘Islamic Development Bank of Jeddah’, and the ‘Shamil Bank of Bahrain’ as well as general public.
IQRA UNIVERSITY - GULSHAN CAMPUS (Assignment
submitted to Professor Shahzaib Khan) 3 Our Team:
Meezan Bank being a quality organization strives to provide
quality to all its stakeholders, customers, employees and environment. In Pakistan, it is operating in a very volatile economic and political environment. Our team has summarized its major strengths, weaknesses, opportunities and threats in the following slides.
IQRA UNIVERSITY - GULSHAN CAMPUS (Assignment
submitted to Professor Shahzaib Khan) 4 STRENGTHS: Pioneer in the industry of Islamic Banking.
Wide range of national network of branches.
Facility of online banking.
Value – added features, like, ATMs, Visa debit card.
Effective Customer services.
Cordial Working environment.
IQRA UNIVERSITY - GULSHAN CAMPUS (Assignment
submitted to Professor Shahzaib Khan) 5 WEAKNESSES: Limited Marketing and advertising area.
Low degree of satisfaction of the employees.
Difficult targets set for the employees.
Stressful job.
High turnover of staff due to dis – satisfaction.
Lack of Training programs for the employees.
No involvement of lower level management in Decision –
making . IQRA UNIVERSITY - GULSHAN CAMPUS (Assignment submitted to Professor Shahzaib Khan) 6 OPPUTUNITIES: Diversion of people mind from conventional banking services to Islamic banking services.
Global acceptance of Islamic banking system.
Improving economic conditions.
Appreciating foreign exchange reserves.
Investment and Growth opportunities.
Industrial development.
IQRA UNIVERSITY - GULSHAN CAMPUS (Assignment
submitted to Professor Shahzaib Khan) 7 THREATS: Growing competition in the Islamic banking .
Establishment of Islamic banking branches by
conventional banks.
Lack of awareness (miss– conception) amongst general
public about Islamic banking.
Cumbersome procedures of credit facilities.
Aggressive marketing by conventional banks.
IQRA UNIVERSITY - GULSHAN CAMPUS
(Assignment submitted to Professor Shahzaib Khan) 8 RECOMMENDATIONS:
Aggressive marketing and advertising strategy.
Satisfaction through incentives among the employees.
Rationalization of workload.
Establishment of new branches.
Job training of employees.
Simplification of credit facility procedures.
Customized services for each customer.
IQRA UNIVERSITY - GULSHAN CAMPUS
(Assignment submitted to Professor Shahzaib Khan) 9 Thank you This was a small piece of research. Our research is based on our team work and our dedication.
We would like to thank our friendly
teacher, namely, Professor Shahzeb khan who enabled us to reach up to this level, today.