AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, MCB Arif Habib Savings and Investments Limited, the management company of ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced the approval of a daily dividend payout on behalf of the Board of Directors.
The approved daily distribution entails a dividend of Re. 0.0521 per unit. This dividend will be paid to the unit holders whose names appeared in the unit holder register at the close of business on June 13, 2023.
ALHAMRA ISLAMIC MONEY MARKET FUND, managed by MCB Arif Habib, provides investors with a Shariah-compliant investment opportunity. The fund focuses on investing in short-term money market instruments that comply with Islamic principles, aiming to generate competitive returns while maintaining capital preservation and liquidity.