Hyderabad: The Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), in collaboration with Meezan Bank Hyderabad, organized an awareness session on “Islamic Banking, Digital Banking and Business Facilities” at the Chamber Secretariat on Saturday, June 20.In his welcome address, Senior Vice President Ahmed Idrees Chohan warmly received the Meezan Bank delegation and participants. He highlighted that HCSTSI regularly arranges such informative sessions to keep the business community updated about modern financial tools and business opportunities. He emphasized that strong coordination between the banking sector and traders is essential for boosting economic activity and generating new business prospects.
Vice President Shan Sehgal stated that in today’s era, digital banking, Islamic financial services, and modern payment systems have become crucial for business growth. He noted that the Chamber is actively working to connect businesses—particularly SMEs, young entrepreneurs, and women investors—with modern financial services. He added that QR payment solutions, POS machines, and digital banking not only simplify and secure transactions but also help document the economy and enhance efficiency. He appreciated Meezan Bank’s initiative in spreading awareness about Islamic banking, deposit structures, and investment products, saying such efforts enable better financial decision-making. He also suggested that banks should establish dedicated information desks to guide SMEs and women entrepreneurs regarding schemes introduced by the State Bank of Pakistan.
Meezan Bank Senior Area Manager Rafiq Ahmed Memon, speaking on the occasion, termed the collaboration a significant step toward educating the business community about Sharia-compliant banking, digital solutions, and investment opportunities. He reaffirmed the bank’s commitment to providing modern and Islamic financial services to traders, industrialists, and emerging entrepreneurs.During the session, Murad Ali delivered a detailed presentation on QR codes, POS machines, and digital banking systems, explaining how these technologies are making transactions faster, safer, and more efficient. Hafiz Salman briefed participants on Islamic banking principles and deposit structures, highlighting various Sharia-compliant products and savings opportunities.Syed Ali Nawaz Shah introduced Al Meezan investment products, sharing insights into different funds and their benefits, and explained how systematic investments can help individuals and businesses achieve financial goals.
The session concluded with an interactive question-and-answer segment, where participants showed keen interest and sought guidance on various banking and investment matters. Attendees described the session as highly informative and beneficial.The event was attended by Meezan Bank officials including President Branch Manager Nadeem Ali Abbasi, Vehicle Account Branch Manager Furqan Memon, and Area Coordinator Anwar Ahmed Arain. From the Chamber, former President Saleemuddin Qureshi, Senior Member Sikandar Ali Rajput, Secretary General Furqan Ahmed Lodhi, and other members were also present.
