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Karachi: The Al Ameen Islamic Cash Fund, with an offer and redemption price both at PKR 100.52, marked a slight increase in distribution from 5.38% in the previous year to 4.71% for the fiscal year ending in June 2023. A minimal distribution of 0.02% was also reported. Active since 2012, the fund focuses on providing its investors with highly liquid, low-risk Shariah-compliant income avenues.
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