karachi—Meezan Bank Ltd. and Linde Pakistan Ltd. (formerly known as BOC Pakistan Limited) have entered into a Diminishing Musharakah Agreement for the setup of a new state-of-the-art Air Separation Plant and related supply chain equipment by Linde Pakistan.
The agreement marks another historic landmark in the development and growth of Islamic Banking in Pakistan. Meezan Bank is actively building corporate relationships and is fully geared to cater to the financing and trade finance needs of local and multinational Corporate Customers. Meezan Bank is the first and largest Islamic Bank in Pakistan. The bank is now ranked amongst the largest banks of the country in terms of branch network, boasting a network of over 250 branches in over 70 cities of Pakistan.