Alfalah Islamic Fund Declares New Daily Dividend

Karachi: Alfalah Investments has announced a new daily dividend for its Alfalah Islamic Rozana Amdani Fund (AIRAF), as confirmed by the Chief Executive on behalf of the Board of Directors of Alfalah Asset Management Limited.

The fund will distribute a dividend of Re. 0.0486 per unit to investors registered in the unit holder’s register at the close of business on July 3, 2024. This announcement comes as part of the fund’s strategy to offer regular financial returns to its investors.

According to information available from the Pakistan Stock Exchange (PSX), the Alfalah Islamic Rozana Amdani Fund is committed to adhering to Islamic financial principles, providing dividends on a daily basis to ensure steady and compliant income for its stakeholders.

The distribution reflects Alfalah Investments’ ongoing efforts to maximize value for its investors while strictly complying with the ethical investment guidelines mandated by Islamic finance norms.

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