Meezan Bank Declares 40% Interim Cash Dividend; Book Closure Announced

Karachi, Meezan Bank Limited, one of Pakistan’s leading Islamic banks, announced today that its Board of Directors, in a meeting held on August 10, 2023, has approved the declaration of an Interim Cash Dividend of Rs. 4/- per share, representing 40% of the total dividend. This decision reflects the bank’s strong financial performance and commitment to providing value to its shareholders.

To facilitate the distribution of this dividend, the Share Transfer Books of Meezan Bank Ltd. will remain closed from August 24, 2023, to August 25, 2023. During this period, no transfers of shares will be permitted. The closure period includes both days.

Shareholders who wish to receive the Interim Cash Dividend are advised to ensure their share transfer requests are submitted by the close of business on August 23, 2023.