Al Meezan Investment Management Approves Financial Results for Year-End

Karachi: Al Meezan Investment Management Limited has approved the financial results for various funds under its management for the fiscal year ending June 30, 2024.

During the board meeting on August 19, 2024, the directors ratified the year-end results for 19 different funds, including the Meezan Islamic Fund, Al Meezan Mutual Fund, and others. Details of these financial results have been documented in various annexures, from A to S, corresponding to each fund. The firm highlighted that there were no annual distributions, but interim distributions were made as detailed in the annexures.

According to information available from the Pakistan Stock Exchange (PSX), these financial outcomes along with the reports will be transmitted to the PSX and made accessible on the Al Meezan website within the stipulated timeframe. This dissemination ensures compliance with regulatory requirements and maintains transparency with TRE Certificate Holders and other stakeholders.

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