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Karachi, MCB Arif Habib Savings and Investments Limited, the management company overseeing ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced the authorization of a daily dividend payout for the fund’s unit holders.
In a significant development, the Chief Executive Officer of MCB Arif Habib Savings and Investments Limited, acting on behalf of the Board of Directors, has granted approval for the distribution of dividends to unit holders invested in ALHAMRA ISLAMIC MONEY MARKET FUND.
As per the approved decision, a dividend of Re. 0.0539 per unit has been earmarked for distribution. This dividend will be disbursed to the unit holders whose names were officially registered in the unit holder record on August 24, 2023.
The daily dividend distribution serves as a testament to MCB Arif Habib Savings and Investments Limited’s commitment to offering consistent value and returns to its investors. ALHAMRA ISLAMIC MONEY MARKET FUND’s approach to regular dividend payouts aims to provide unit holders with an ongoing stream of income derived from their investments.
Unit holders and interested parties are advised to refer to the official communications released by MCB Arif Habib Savings and Investments Limited for comprehensive details about the dividend distribution procedure, eligibility criteria, and the specific schedule for the payout.
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