Meezan Bank Loses Super Tax Case as IHC Upholds Rs11 Billion Liability
The Islamabad High Court dismissed Meezan Bank's petition against the super tax and upheld a Rs11 billion liability, confirming the bank cannot avoid the levy for now.
Over this period, Commercial Banks shows 25 positive, 1 neutral and 1 negative news signals across its constituents. The auto-generated sector insight (top drivers with direction + rationale) appears here once the analysis worker has processed enough items.
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Showing 2 stories from 28 Jul 2026
Show allThe Islamabad High Court dismissed Meezan Bank's petition against the super tax and upheld a Rs11 billion liability, confirming the bank cannot avoid the levy for now.
The State Bank of Pakistan held its policy rate at 11.5%, keeping the high-rate backdrop that supports bank margins while denying leveraged borrowers a cut.
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