April 28th, 2010
After the successful launch of Meezan Labbaik in 2009, Meezan Bank has signed an agreement for continuation of this facilitation service in 2010 with Universal Brothers (Pvt.) Ltd. and Universal Express (Pvt.) Ltd.
Both companies have vast experience in Hajj & Umrah arrangements and their expertise and services will now be available at Meezan Bank’s 201 branches in 54 cities across Pakistan to help customers in performing Umrah.
Meezan Bank has launched this product to provide comfort, convenience and security to pilgrims so that they can perform Umrah with peace of mind and at an affordable cost through specially designed packages by our travel agents, which are well-organized and competitively priced.
Meezan Bank will act as a sales & funds collecting agent on behalf of both groups and provide installment payment facility to those customers who may wish to avail the option of paying in installments after performing the Umrah while our travel agents will take care of all the Umrah services in Saudi Arabia.
By offering this product, Meezan Bank has moved another major step in the direction of achieving its Vision of making Islamic Banking the banking of first choice.