Is Meezan Bank (MEBL) Halal?

KAR Pakistan $428.3B
✗ NOT HALAL
Confidence: 90/100
Meezan Bank (MEBL) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 62.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 62.6%
/ 30%
64.4%
/ 30%
20.8%
/ 30%
0.0%
/ 5%
✗ NOT HALAL
DJIM 62.6%
/ 33%
64.4%
/ 33%
20.8%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
MSCI 6.8%
/ 33%
7.0%
/ 33%
2.3%
/ 33%
0.0%
/ 5%
✓ HALAL
S&P 62.6%
/ 33%
64.4%
/ 33%
20.8%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
FTSE 6.8%
/ 33%
7.0%
/ 33%
2.3%
/ 50%
0.0%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
4.7
Forward: 4.6
P/B Ratio
1.5
Revenue
$287.2B

Cash Flow & Balance Sheet

Operating Cash Flow$884.6B
Free Cash Flow$872.1B
Total Debt$215.2B
Total Assets$4.8T

Price & Trading

50-Day MAPKR 466.51
200-Day MAPKR 424.11

About Meezan Bank (MEBL)

Country
Pakistan
Exchange
KAR
Market Cap
$428.3B
Currency
PKR

Frequently Asked Questions

Is Meezan Bank (MEBL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Meezan Bank is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Meezan Bank's debt ratio?

Meezan Bank's debt ratio is 62.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 6.8%.

What are Meezan Bank's key financial metrics?

Meezan Bank has a market capitalization of $428.3B, trailing P/E ratio of 4.7, and revenue of $287.2B.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.