Breaking News

Faysal Asset Management Limited Announces Interim Distribution for Fiscal Year 2023

Karachi, Faysal Asset Management Limited (FAML) has recently approved the interim distribution for the year ending 30 June 2023 on behalf of their funds under management. The Chief Executive Officer of FAML, authorized by the Board of Directors, announced the details of the interim distribution on 25 May 2023.

The Faysal Islamic Cash Fund, one of the funds managed by FAML, will be distributing an interim payout of Rs 0.0523 per unit. This amount represents 0.0523% of the Net Asset Value (NAV) at the beginning of the year.

Unit holders who held their positions in the fund as of the close of business on 25 May 2023 will be entitled to receive the aforementioned interim distribution.

Check Also

CM Punjab Inaugurates Provincial Intelligence Fusion and Threat Assessment Center in Lahore

Lahore: Punjab Chief Minister Maryam Nawaz inaugurated the Provincial Intelligence Fusion and Threat Assessment Center and AI Hub in Lahore today. Speaking on the occasion, she highlighted the significant role the Centre will play in enhancing the pro...