Meezan Bank Ltd. Doubles Dividend Payout for Shareholders

Karachi, Meezan Bank Ltd. (MEBL), a leading Islamic bank in Pakistan, has significantly increased its dividend payout to 200% for 2023, along with a 10% bonus, marking a substantial rise from the previous year's 85%. The bank reported an EPS of Rs. 156.01 for the fiscal year 2022/2023. With a paid-up capital of Rs. 17,912.53 million, MEBL's trading activities reflected a daily weighted average rate of Rs. 231.01. Since its listing in 2000, Meezan Bank has consistently demonstrated strong financial performance and commitment to its shareholders.