HBL Islamic Money Market Fund Reports 4.20% Distribution for 2023

Karachi, In a recent financial update, the HBL Islamic Money Market Fund reported a 4.20% distribution for the year, translating to Rs 4.20 per unit. This announcement, aimed at investors and market analysts, indicates the fund’s consistent performance with an offer price of 102.31 and a redemption price of 101.17. Operational since 2011, the fund continues to be a stable option for those seeking Islamic money market solutions.

Check Also

DPM Emphasizes FDI-Led Economic Growth Strategy

Islamabad: Deputy Prime Minister Ishaq Dar has emphasized the government's policy to invite Foreign Direct Investment in Pakistan, which is undertaken to promote economic and commercial activities in the country. He was chairing a meeting of the Cabin...