Karachi: MCB Investment Management Limited, the managing entity of the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has declared a dividend payment. The Chief Executive Officer, on behalf of the Board of Directors, approved a daily distribution amounting to Re. 0.0404 per unit. This dividend will be paid to the unit holders registered at the close of business on 24-AUG-24.
The dividend declaration is part of the fund's commitment to providing regular returns to its investors. According to information available from the Pakistan Stock Exchange (PSX), such distributions are critical in maintaining investor confidence and ensuring the fund's stability in the market.