02.01.2013 - Meezan Bank disburses the first ever Islamic agricultural finance
Meezan Bank, Pakistan's first and largest Islamic bank, has become the first Islamic bank in Pakistan to provide Shariah-compliant Agricultural financing by extending a Shariah-compliant financing facility in the agriculturally rich Central region of Pakistan. A statement here on Thursday said that under the financing arrangement, Meezan Bank will sell DAP, urea, pesticides and seeds to its clients on a Murabaha basis...............................................Full Article: Source
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