Karachi: Alfalah Asset Management Limited has declared a daily dividend distribution for its Alfalah Islamic Rozana Amdani Fund (AIRAF), as per a recent announcement by the company's Chief Executive on behalf of the Board of Directors. The dividend amounts to Re. 0.0133 per unit and will be distributed to unit holders registered by the close of business on March 14, 2025.
According to information available from the Pakistan Stock Exchange (PSX), this distribution reflects the company's ongoing commitment to providing regular returns to its investors. The designated market category for this fund is the Islamic finance sector.
This announcement follows a series of strategic moves by Alfalah Asset Management Limited aimed at strengthening its position within the financial market. The company continues to focus on delivering consistent dividends, aligning with its objective to maximize shareholder value through prudent fund management.
The distribution date for this dividend is set for June 30, 2025, ensuring that the entitled unit holders receive their returns promptly. The management's decision underscores its confidence in the fund's performance and its potential to yield continued growth for investors.