Karachi, ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), managed by MCB Investment Management Limited (formerly known as MCB-Arif Habib Savings and Investments Limited), has declared a daily dividend distribution of Re. .0543 per unit for its unit holders. This payout, approved by the Board of Directors, is a testament to the fund’s commitment to providing attractive returns to its investors.
The Chief Executive Officer of MCB Investment Management Limited, representing the fund’s management, conveyed this decision on behalf of the Board of Directors. The dividend will be disbursed to unit holders whose names were listed in the unit holder register as of the close of business on September 7, 2023.
ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) has been known for its consistent performance and adherence to Islamic finance principles, making it a popular choice among investors seeking stable and Shariah-compliant investment opportunities. This daily dividend distribution reaffirms the fund’s dedication to delivering value to its unit holders.
Investors in ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) can look forward to receiving the dividend on the designated payout date. This distribution reflects the fund’s ongoing efforts to provide competitive returns while maintaining its commitment to Islamic financial principles.
The post ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) Announces Daily Dividend Distribution of Re. .0543 per Unit on 07-SEP-23 appeared first on Pakistan Company News.