Karachi: MCB Investment Management Limited has declared a dividend distribution for its ALHAMRA Islamic Money Market Fund (ALHIMMF). The announcement was made on behalf of the company's Board of Directors by the Chief Executive Officer.

On August 4, 2024, MCB Investment Management, the management company of ALHAMRA Islamic Money Market Fund, approved a daily dividend distribution. According to information available from the Pakistan Stock Exchange (PSX), a dividend of Rs. 0.0435 per unit will be distributed to the unit holders. This dividend applies to those whose names were recorded in the unit holder register at the market's close on August 4, 2024.

This move reflects the company's ongoing commitment to provide regular financial returns to its investors through the ALHIMMF, which is categorized under the money market fund.