MCB Investment Management Announces Interim Dividend for Alhamra Islamic Money Market Fund

Karachi: MCB Investment Management Limited, the management company behind the Alhamra Islamic Money Market Fund (ALHIMMF), has declared an interim dividend for its unit holders, effective November 22, 2024. The announcement was made by the Chief Executive Officer, acting on behalf of the Board of Directors.

The approved payout will see unit holders receiving a dividend of up to Re. 0.8161 per unit. This decision will benefit those whose names appeared in the fund's register at the close of business on the specified date.

According to information available from the Pakistan Stock Exchange (PSX), this interim distribution reflects the company's ongoing commitment to providing returns to its investors. The dividend aims to reward existing stakeholders and maintain investor confidence in the Alhamra Islamic Money Market Fund.