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Alhamra Islamic Money Market Fund Announces Dividend Payout

Karachi: The Chief Executive Officer of MCB Investment Management Limited, the managing entity for Alhamra Islamic Money Market Fund (ALHIMMF), declared today that a dividend distribution has been sanctioned by the Board of Directors. According to information available from the Pakistan Stock Exchange (PSX), a daily dividend of Re. 0.0557 per unit will be disbursed to the fund’s unit holders whose names were recorded in the unit holder register at the close of business on July 4, 2024.

This dividend payout underlines the fund’s ongoing efforts to provide consistent financial returns to its investors, aligning with the principles of Islamic finance. MCB Investment Management is committed to upholding high standards of compliance and performance, aiming to sustain investor trust through regular and transparent communications.

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Allied Bank Reports Loss of Share Certificates Belonging to Shareholder

Karachi: Allied Bank Limited has officially reported to the Pakistan Stock Exchange (PSX) the loss of share certificates totaling 17 shares belonging to shareholder Muhammad Bashir Ahmed Chandio. This notification, part of the bank's compliance and re...

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