Al Ameen Islamic Cash Fund Reports Increment in Distribution for 2023

Karachi, The Al Ameen Islamic Cash Fund observed an increase in its distribution yield to 5.38% in 2023, up from 4.71% in 2022. The fund's offer and redemption prices remained steady at PKR 108.6. First listed in 2012, the fund provides a stable option for investors seeking liquidity along with modest income features.