Air Separation Plant: Meezan Bank to finance Linde

KARACHI: Bank has announced that it will provide financing for Linde Pakistan for setting up a state-of-the-art air separation plant and acquiring supply chain equipment. In this regard, Meezan Bank and Linde Pakistan, formerly BOC Pakistan, have entered into a diminishing Musharaka agreement, says a press release. Meezan Bank, operating with a network of around 250 branches, said the agreement marked a historic event in the development and growth of Islamic banking in Pakistan.

Published in The Express Tribune, December 28^th, 2011.