Professional Documents
Culture Documents
ON
MEEZAN BANK.LTD
Meezan, the Arabic word for 'Balance' has been taken from Surah Al-
Rahman. Meezan Premium Banking is a prestigious way of Islamic
banking. Company’s banking relationship is based on three pillars. One
of them is Shariah-compliant Solutions. That is the main vision
statement of Meezan Bank.
MISSION:
TO BE A PREMIER ISLAMIC BANK
To be a premier Islamic bank, offering a one-stop shop for innovative
value-added products and services to our customers within the bounds of
Shariah. The objective is to make and project the Bank as a
professionally run and managed successful and profitable Islamic
Commercial Bank with high standards, discipline, morals, ethical norms
and be recognized as such by others within and outside the country.
VALUES:
CORE VALUES
TRAINING DEPARTMENT:
The Framework outlines the basic platform for training and
development. It is based on following key areas; 1.Process
2.Standards of Excellence 3. Learning Mechanism
Training department at MBL is quite good and facilitate their employees
and they ensures their newly hired employees to get training or
orientation and learning of mandatory things and should get the full
knowledge of the system that is required. At MBL employees are being
trained in shariah compliant and Islamic system.
A group of trainers for newly hired candidates help trained them well in
head office for 2 to 3 days under training section.
MOTIVATE THE EMPLOYEE
We are the employer of first choice. Meezan bank follows a variety of
ways to compensate its employees. The basic of all of them is
compensating them by adding up bonuses and increments to their
salaries after the closing of every financial period. • Every branch
manager fills up a performance appraisal form by the end of first month
of the preceding financial period and submits that to the HR department.
• With the salary of third month each and every deserving employees
receives their rewards and increments.
MANAGEMENT STYLE
THE ROLE OF HR MANAGER
Provides support & guidance to department heads in designing,
delivering. Internal or external sourcing of training & development
solutions. Finalizes Training Activity Plan (Annual Training Calendar)
with the mutual concern of the department heads. Ensures the proper
implementation and administration of the training process during the
year; Identifies the needs for in-house training program and training
conducted by outside trainers, and reviews them with the respective
departmental heads before finalizing it; Designs in-house training /
course with the input of the department heads; Ensures proper linkage
between Practice and Theory (a mix of internal and external resource
persons may be blended to conduct training programs)
The success of Meezan bank is dependent on the employees, striving to
achieve standards of excellence in their jobs. Competencies can play an
important role in this process by helping individuals to define the job
standards, which will help the employees in achieving the quality
results. 3. Learning Mechanism: Learning mechanisms permits both
traditional and more innovative methods. These include: •Flexible
Learning •Management Development Program •Business Training
•Distance Learning •Career Planning.
DIVISION OF LABOUR
Top management has instructions for organizational control. Deputy
CEO has develop strategy for organizational control and have strict
compliant team that functions on low risk factor.
EXPENTIONARY PLAIN
MBL hold ranked 7th under the state bank rating and organization
expending drastically and within a year they were able to launch
hundred of branches