Karachi: Alfalah Asset Management Limited has announced the approval of a daily dividend distribution for its Alfalah Islamic Rozana Amdani Fund (AIRAF). The decision was made by the Chief Executive on behalf of the company's Board of Directors, with the dividend distribution set for June 30, 2025.

The approved dividend amounts to Re. 0.0240 per unit for those listed as unit holders in the register as of the close of business on April 15, 2025. This announcement comes as part of the company's regular financial operations aimed at providing returns to its investors.

According to information available from the Pakistan Stock Exchange (PSX), Alfalah Asset Management operates within a designated market category that enables it to manage a variety of funds, including the AIRAF. The fund focuses on providing daily returns to its investors, in line with Shariah-compliant investment principles.

The distribution reflects the company's ongoing commitment to delivering consistent returns to its clients and aligning with the anticipated financial outcomes for the fiscal year.