Karachi: Alfalah Asset Management Limited has officially declared a daily dividend payout for the Alfalah Islamic Rozana Amdani Fund (AIRAF). The announcement was made by the Chief Executive on behalf of the Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), the declared dividend stands at Re. 0.0001 per unit. This distribution is scheduled for unit holders registered as of the close of business on October 18, 2024. This strategic financial move reflects the fund's ongoing commitment to providing consistent returns to its investors.

The Alfalah Islamic Rozana Amdani Fund, which operates under the governance of Alfalah Asset Management Limited, aims to offer sustainable returns in compliance with Islamic financial principles, making it a noteworthy option for ethical investors.

This dividend distribution is part of a series of financial strategies implemented by the management to enhance shareholder value and attract potential investors looking for Sharia-compliant investment opportunities.