Meezan Bank facilitates dividend payments and tax certificates electronically

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KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, has now become the first Islamic Bank in the country to comply with Central Depository Company (CDC) Regulations regarding Centralized Cash Dividend Register as issued by the Securities and Exchange Commission of Pakistan (SECP). The Bank is therefore among the first in the country to offer a one window solution for e-Dividend payments for its shareholders covering a full range of electronic services.

The one window solution of e-Dividend payment covers a full range of electronic services and will now allow Meezan Bank’s shareholders safer, efficient, innovative and hassle-free services to view a retrievable record of their cash dividend payments, tax returns and history. Moreover this facility will additionally support the investors for filing their tax returns through the provision of an electronic dividend/zakat and tax deduction report.

Published in Daily Times, April 27th 2018.

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