Meezan Bank holds seminar on Islamic Banking

Vice President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) and Convener of the Banking Affairs Committee, Shan Sehgal, attended the Islamic Banking Awareness Seminar organised by Meezan Bank in Hyderabad. The event was attended by a large number of businesspersons, social figures, and representatives from the banking sector. During the seminar, Mufti Muhammad Naveed, Shariah Analyst (SME/Commercial and Investment Banking), elaborated on the principles, foundations, and distinguishing features of Islamic banking compared to the conventional interest-based system. In his address, Mufti Muhammad Naveed stated that Islamic banking is a Shariah-compliant financial system based on the principles of the Holy Quran and Sunnah, which aims to promote interest-free transactions, equity-based investments, and fair distribution of Halal profits.