Karachi: Atlas Asset Management Limited (AAML) has announced an interim distribution for its Atlas Islamic Cash Fund (AICF), as approved by its Investment Committee on April 25, 2025. The decision was made under the authority delegated by the company's Board of Directors during a meeting held in Karachi.

The interim distribution amounts to Rs. 4.9023 per unit, representing 0.98% of the par value. This distribution will be allocated to the unit holders listed in the register of unit holders at the close of business on April 24, 2025.

The announcement follows the routine procedures of the company, ensuring that the unit holders receive their entitled earnings based on the latest register records. The AICF belongs to the investment category designated as an Islamic cash fund.

According to information available from the Pakistan Stock Exchange (PSX), such distributions are an essential aspect of fund management, ensuring that investors receive returns on their investments in accordance with the specified terms.

The management of AAML has advised the TRE Certificate Holders of the Exchange to update their records accordingly, ensuring transparency and adherence to the regulatory requirements.