MCB Announces Daily Dividend Distribution for ALHAMRA Islamic Money Market Fund

Karachi: MCB Investment Management Limited, the management company responsible for the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has declared a daily dividend payment, it was announced on August 8, 2024. The Chief Executive Officer, on behalf of the Board of Directors, confirmed the distribution details.

The designated market for this financial news is the investment and mutual fund industry. According to information available from the Pakistan Stock Exchange (PSX), a dividend of Re. 0.0503 per unit will be paid to the unit holders listed in the unit holder register at the close of business on August 8, 2024. This announcement pertains to the investors of ALHIMMF, highlighting the fund's ongoing commitment to providing returns to its stakeholders.