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Karachi, Interim payouts for the year ending June 30, 2024, have been authorized by the Chief Executive Officer of Faysal Asset Management Limited, acting under the authority delegated by the Board. This decision affects the Unitholders whose names were recorded in the register of the respective funds at the close of business on June 20, 2024.
The approved payouts impact two specific funds. The Faysal MTS Fund, an Income Scheme, has announced a payout of Rs. 23.82 per unit, which represents 23.82% of the par value of Rs. 100 per unit. Additionally, the Faysal Islamic Savings Growth Fund, a Shariah Compliant Income Scheme, will distribute Rs. 19.14 per unit, equivalent to 19.14% of the par value.
According to information available from the Pakistan Stock Exchange (PSX), the announcement is in line with the regulatory requirements and reflects the funds’ performance over the fiscal year. Certificate holders of the exchange have been advised to update their records to reflect these payouts accordingly.