MCB Investment Management Confirms Daily Dividend for ALHAMRA ISLAMIC MONEY MARKET FUND

Karachi: The Chief Executive Officer of MCB Investment Management Limited has approved a new daily dividend payout for holders of the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF). This announcement, made on behalf of the Board of Directors, details the latest distribution from the fund.

According to information available from the Pakistan Stock Exchange (PSX), a dividend of Re. 0.0337 per unit will be distributed to the unit holders registered at the closing of September 17, 2024. This payout reflects the fund’s commitment to consistent financial returns in line with Islamic financial principles.

The daily distribution decision is part of a broader strategy to enhance value for investors by offering stable returns through compliant Islamic financial instruments. The ALHAMRA ISLAMIC MONEY MARKET FUND operates within the designated market category of Islamic finance, adhering strictly to Shariah-compliant investment guidelines.

The post MCB Investment Management Confirms Daily Dividend for ALHAMRA ISLAMIC MONEY MARKET FUND appeared first on .