Al Ameen Funds Report Mixed Results

Karachi, The Al Ameen Islamic Financial Planning Fund III announced a redemption price of zero, indicating no activity. Its sub-funds showed varied performances: the Al Ameen Islamic Active Allocation Plan XI and the Al Ameen Islamic Active Principal Preservation Plans II, III, and IV reported redemption prices ranging from 106.64 to 107.67. In contrast, the Al Ameen Islamic Sovereign Fund and the Al Ameen Shariah Stock Fund reported redemption prices of 105.19 and 184.59, respectively, with the latter distributing a 13% yield. The Al Meezan Mutual Fund declared a 10% distribution with a redemption price of 25.87.