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Karachi, MCB Arif Habib Savings and Investments Limited, the management company overseeing the Alhamra Islamic Money Market Fund (ALHIMMF), has announced an approved payout. The Chief Executive Officer, on behalf of the Board of Directors, has authorized the following distribution:
DAILY DISTRIBUTION:
A dividend of Re. 0.0531 per unit will be paid to unit holders.
The dividend will be credited to unit holders whose names appeared in the unit holder register as of the close of business on July 16, 2023.
This news highlights MCB Arif Habib Savings and Investments Limited’s commitment to providing competitive returns to investors in the Alhamra Islamic Money Market Fund. The daily dividend payout of Re. 0.0531 per unit offers an opportunity for unit holders to benefit from the fund’s performance.
Investors can anticipate the financial rewards associated with their investment as the dividend is disbursed to eligible unit holders. MCB Arif Habib Savings and Investments Limited’s decision to approve this payout reinforces its dedication to delivering value to its clients and solidifies its position as a trusted player in the asset management industry, particularly in Islamic money market funds.
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