Karachi: MCB Investment Management Limited, the management company overseeing the ALHAMRA Islamic Money Market Fund (ALHIMMF), declared a new daily dividend payout. On behalf of the Board of Directors, the Chief Executive Officer confirmed that a dividend of Re. 0.0603 per unit will be distributed to unit holders registered as of the close of July 15, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this distribution continues MCB Funds' commitment to providing regular returns to its investors. The decision aligns with the company’s objective to maintain a steady flow of dividends through its Islamic financial products.

This recent announcement highlights MCB Funds' proactive approach in managing investor benefits effectively, reinforcing its position in the competitive market of Islamic financial services.