Meezan Bank profit

Published August 27, 2002

KARACHI, Aug 26: Meezan Bank—the first Islamic commercial bank in Pakistan—earned a pre-tax profit of Rs 135 million during the half year ended on June 30, 2001: after-tax profit stood at Rs92.3 million.

The board of directors of the bank who recently met here noted the profit with satisfaction. The board was also informed by the management that the bank intends to introduce several Islamic financial alternatives for its customers, says a press release.

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