Islamabad, Dec 23: Meezan Bank, the leading Islamic bank in Pakistan, has partnered with Arif Habib Limited, a prominent investment bank, to improve the investor experience in the country.
The new service enables Meezan Bank customers to instantly add funds to their Arif Habib Limited investment accounts through the bank’s Alternate Distribution Channels, such as the Meezan Mobile App, Internet Banking, and ATMs.
Previously, investors had to manually transfer funds and provide proof of deposit. The Instant Top-up Service now automates this process, making it faster and more efficient.
By removing the need for manual deposits and proof of payments, the service provides a quicker, simpler way for investors to manage their funds.
Syed Amir Ali, Deputy CEO of Meezan Bank, commented, “The Instant Top-up Service is part of our strategy to digitalize and simplify financial transactions, strengthening our leadership in Shariah-compliant banking. With our partnership with Arif Habib, we aim to enhance Pakistan’s digital banking sector, providing a faster, more efficient way to top up investment accounts and improving the investor experience.”
Shahid Ali Habib, CEO of Arif Habib Limited, said, “We are pleased to announce our partnership with Meezan Bank to offer secure and fast digital payments for our clients. This collaboration highlights our commitment to delivering smooth and efficient financial solutions, making transactions easier for our customers.”
He added, “At AHL, we are always looking to integrate the latest technologies to improve our services and enhance customer experiences. This partnership is an important step in our mission to drive the digital transformation of Pakistan’s financial industry.”