AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Alfalah Investments has declared a daily dividend payment for its Alfalah Islamic Rozana Amdani Fund (AIRAF), effective as of June 30, 2024.
The announcement, made by the Chief Executive on behalf of the Board of Directors of Alfalah Asset Management Limited, specified that a dividend of Re. 0.0939 per unit will be distributed to the shareholders registered in the unit holder’s register by the close of June 30, 2024.
According to information available from the Pakistan Stock Exchange (PSX), this dividend distribution underscores Alfalah Investments’ commitment to providing consistent returns to its investors through the AIRAF, which operates under Islamic financial principles.
The daily distribution model allows shareholders of the AIRAF to receive returns on a regular basis, providing a steady income stream for investors looking for Sharia-compliant financial products.