News Desk
KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, engaged with Bank Negara Malaysia (BNM), the Central Bank of Malaysia, under a focused knowledge-sharing initiative on risk-sharing finance.
On the invitation of BNM, Meezan Bank contributed as a speaker to a Programme titled “Incubation Programme on Risk-Sharing” designed for Islamic banking practitioners in Malaysia. The Programme focused on supporting the development of risk-sharing and non-debt-based financial solutions within the Malaysian Islamic banking sector by drawing on Meezan Bank’s market leadership and extensive experience in Islamic banking.
Meezan Bank was represented by Mr. Shayan Ahmed Baig, Head of Shariah Compliance, who led discussions based on the Bank’s experience in structuring, implementing, and governing Shariah-compliant risk-sharing products in Pakistan. The sessions focused on translating conceptual risk-sharing principles into viable banking solutions, with detailed discussion on regulatory considerations, operational execution, and Shariah governance frameworks. Meezan Bank shared experience in assessing alternative product structures aligned with risk-sharing objectives and its local regulatory requirements.
As part of the visit, Mr. Baig met with senior officials of BNM and presented Meezan Bank’s recently launched official history book, titled “Unconventional: The Bank No One Saw Coming,” to the Assistant Governor, BNM, highlighting the Bank’s journey and role in the development of Islamic banking in Pakistan.
Meezan Bank’s participation in this programme reflects the growing international recognition of its pioneering role, technical expertise, and thought leadership in Islamic banking. Being invited by a foreign central bank highlights the Bank’s position as a benchmark institution in Islamic finance, not only in Pakistan but across key international markets.
