Faysal Asset Management Limited Approves Interim Distribution for Faysal Islamic Sovereign Fund

Karachi, Faysal Asset Management Limited (FAML) has announced the approval of an interim distribution for the year ending 30 June 2023 on behalf of the Faysal Islamic Sovereign Fund-Faysal Islamic Sovereign Plan-I. The Chief Executive Officer of FAML, authorized by the Board of Directors, has given the green light for this payout.

The interim distribution for the Faysal Islamic Sovereign Fund-Faysal Islamic Sovereign Plan-I amounts to Rs 5.67 per unit, which represents 5.67% of the net asset value (NAV) at the beginning of the year.

To be eligible for the interim distribution, unit holders must be registered as such at the close of business on 30 May 2023.