Islamabad, July 7, 2025: Meezan Bank has introduced an affordable solar panel financing solution under its Meezan Solar program, enabling customers to shift to clean energy without any upfront payment. The plan is based on Islamic Musawamah financing, ensuring interest-free monthly installments aligned with Shariah principles.
Easy 8-Step Process for Solar Financing
Customers can access the solar financing in eight simple steps through Meezan Bank’s approved vendors:
- Site Survey – Initial inspection by an approved solar vendor.
- Application Login – Begin the process at the nearest Meezan branch.
- Credit Evaluation – Financial checks to assess eligibility.
- Financing Approval – Internal review by the bank.
- Offer Letter Signing – Confirm financing terms.
- Shariah Agreement – Sign the Musawamah contract.
- Installation – Solar panels installed at the customer’s home.
- Vendor Payment – Meezan disburses funds directly to the vendor.
This offering allows customers to save on rising electricity bills while staying fully compliant with Islamic finance.
Read More: Solar Panel Users in Lahore Are Reportedly Being Overbilled
How to Apply
To apply for Meezan Bank solar panel financing, visit any Meezan Bank branch. Details on vendor networks, eligibility, and terms are also available on the bank’s official website.
