Al Meezan announces year end distribution for Meezan Funds

Related Articles

Foodpanda Champions Women’s Empowerment at WIBCON ’24

3 days ago

FPCCI Appoints Shaikh Rashid Alam as Convener of Central Standing Committee for Youth Empowerment and Recognition

3 days ago

Karachi, July 10, 2012 (PPI-OT): Following final payouts for FY – 2012 were approved by the board of directors of Al Meezan in meeting held today (Jul 9, 12):

Fund Payout

Meezan Islamic Fund (“MIF”) Rs. 8.25 per unit i.e. 16.50%of the par value of Rs. 50/- each

Al Meezan Mutual Fund (“AMMF”) Rs. 2.00 per unit i.e. 20% of the par value of Rs. 10/- each

Meezan Islamic Income Fund (“MIF”) Rs. 1.97 per unit i.e. 3.94%of the par value of Rs. 50/- each

Meezan Capital Protected Fund – II (“MCPF-II”) Rs. 6.25 per unit i.e. 12.50%of the par value of Rs. 50/- each

KSE Meezan Index Fund (“KMIF”) Nil

Prior to this MCF and MSF had announced Rs.0.32 (period-May 23, 2012 to June 22, 2012)and Rs. 1.46 per unit (period- Mar 21, 2012 to June 28, 2012) respectively.

For more information, contact:
Al Meezan Investment Management Limited
Registered Office
Ground Floor, Block B,
Finance and Trade Centre (FTC)
Sharah-E-Faisal
Karachi, 74400
UAN: 111-633-926 (Meezan)
Tel: (92-21) 5630722-26
Fax: (92-21) 5676143