Meezan Bank Limited (MEBL)
COMMERCIAL BANKS
545.82
-2.63 (-0.48%)
Updated 2 days ago
52-week range
Yes, MEBL is Shariah compliant. Meezan Bank Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 545.82 PKR, down +0.48% on the day, in the COMMERCIAL BANKS sector.
AI analysis
WatchRefreshed 3 days agoMeezan Bank trades below 50‑day MA amid downtrend, near upper 52‑week range
Meezan Bank Limited is a Shariah‑compliant commercial bank listed on the PSX. The stock is trading below its 50‑day moving average while remaining above the 200‑day average, reflecting a short‑term downtrend but a long‑term bullish stance. Over the past year the share price has risen more than 20 %, positioning it near the upper end of its 52‑week range.
Bull case
A sustained improvement in Pakistan’s export‑driven growth and supportive macro reforms could lift the banking sector’s profitability, helping Meezan Bank to regain momentum. If the bank can maintain or expand its Shariah‑compliant product mix and benefit from a strengthening domestic economy, the share price could move back above the 50‑day average.
Bear case
The current downtrend and price below the 50‑day moving average signal short‑term weakness, and a reversal could push the share further lower. Macro‑economic uncertainty, regulatory changes, or a slowdown in export growth could erode investor confidence and keep the stock trapped below key technical levels.
Today
| Open | 548.45 |
|---|---|
| Day high | 550.00 |
| Day low | 545.01 |
| Previous close | 548.45 |
| Volume | 183.4K |
| 30-day average volume | 504K |
Technicals
| RSI (14) | 44.9 |
|---|---|
| 20-day average | 549.22 |
| 50-day average | 560.22 |
| 200-day average | 509.23 |
| Support | 543.02 |
| Resistance | 548.79 |
| Daily volatility | 1.1% |
Trend: Downtrend
What these numbers meanPerformance
| 1 week | -0.50% |
|---|---|
| 1 month | +0.40% |
| 3 months | +0.90% |
| 1 year | +26.80% |
Is MEBL Shariah compliant?
Meezan Bank Limited is a constituent of the KMI All Shares Islamic Index, the Shariah-screened index published by the Pakistan Stock Exchange. On that basis it passes the exchange's Shariah screen. Index membership is reviewed periodically, and this page reflects the latest published list.
This is a description of index membership, not a religious ruling. Consult a qualified scholar for guidance on your own circumstances. How the screen works.
Other COMMERCIAL BANKS stocks
See the Shariah-compliant picks for this sectorSmartSarmaya is an educational research tool, not a licensed financial adviser and not a source of religious rulings. Shariah status reflects membership of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. Always do your own research.