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http://www.scribd.com/doc/30945211/Final-Report-on-Meezan-Banks http://www.scribd.com/doc/34579302/Meezan-Bank-Internship-Report http://www.scribd.

com/doc/34579302/Meezan-Bank-Internship-Report

Seat No 64 SESSION: 2008-2009 ACKNOWLEDGEMENT All praise to Almighty Allah, the most merciful and compassionate, who give me skillsand abilities to complete this report successfullyI am grateful to my parents who are always been a source of encouragement for methroughout my life and from start to the end of this reportI feel deeply indebted to all my teachers for provision of inestimable, priceless andvaluable co operation and support.I would also like to thanks Meezan Bank Limited for provision of valuable guidance andinformation. I found every one very cooperative and helpful for providing me thetheoretical as well as practical knowledge about the function and operation of the bank.Last but not least I would prefer to convey the credit to Hiast Authorities without whoseon time support and guidance it would be difficult for me to achieve this task successfully

Seat No 64 SESSION: 2008-2009 ACKNOWLEDGEMENT All praise to Almighty Allah, the most merciful and compassionate, who give me skillsand abilities to complete this report successfullyI am grateful to my parents who are always been a source of encouragement for methroughout my life and from start to the end of this reportI feel deeply indebted to all my teachers for provision of inestimable, priceless andvaluable co operation and support.I would also like to thanks Meezan Bank Limited for provision of valuable guidance andinformation. I found every one very cooperative and helpful for providing me thetheoretical as well as practical knowledge about the function and operation of the bank.Last but not least I would prefer to convey the credit to Hiast Authorities without whoseon time support and guidance it would be difficult for me to achieve this task successfully

ABSTRACT Modern banking system was introduced into the Muslim countries at a time when they were p o l i t i c a l l y a n d e c o n o m i c a l l y a t l o w e b b , i n t h e l a t e 1 9 t h c e n t u r y . W i t h t h e p a s s a g e o f t i m e , however, and other socio-economic forces demanding more involvement in national economic and financial activities, avoiding the interaction with the banks became impossible. As countries became independent,

the need to engage in banking activities became unavoidable and urgent.Governments, businesses and individuals began to transact business with the banks, with or without liking it. This state of affairs drew the attention and concern of Muslim intellectuals . Thestory of interest-free or Islamic banking begins here. The history of interest-free banking can bedivided into two parts. First, when it still remained an idea; second, when it became a reality. The literature of the period begins with evaluations and ends with attempts at finding ways andmeans of correcting and overcoming the problems encountered by the existing banks. During thelast few decades interest-free banking attracted more attention, partly because of the political interest it created in Pakistan and partly because of the emergence of young Muslim economists. Meezan bank is the first Islamic bank and is therefore recognized as one of the pioneer banksthat promotes Riba-free (interest free) banking activities all over the country. The bank hasd e v e l o p e d a n e x t r a o r d i n a r y r e s e a r c h a n d d e v e l o p m e n t c a p a b i l i t y b y c o m b i n i n g i n v e s t m e n t bankers, commercial bankers, Shariah scholars and legal experts to develop innovative, viable,and competitive value propositions that not only meet the requirements of todays complexfinancial world, but do so with the world-class service excellence which our customers demand,all within the bounds of Shariah.

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