Karachi: MCB Investment Management Limited, under the leadership of its Chief Executive Officer, has announced a daily dividend distribution for the ALHAMRA Islamic Money Market Fund (ALHIMMF), according to a recent statement by the management company. The announcement was made following the approval by the Board of Directors.
As of November 14, 2025, the company confirmed that a dividend of Re. 0.0261 per unit will be disbursed to the unit holders. This payout will apply to those whose names were recorded in the unit holder register at the close of the business day on November 13, 2025.
The ALHAMRA Islamic Money Market Fund falls under the designated market category of money market funds, which are typically characterized by their focus on short-term, liquid investments.
According to information available from the Pakistan Stock Exchange (PSX), the announcement aligns with the fund's ongoing commitment to provide consistent returns to its investors. This move is part of the company's strategic approach to maintaining investor confidence and ensuring steady income distribution.
Unit holders are advised to review their records to ensure they are in accordance with the register as of the specified date, thereby qualifying for the announced distribution.