Al Meezan Approves Interim Payouts for Meezan-Funds Amid Market Movements

Karachi: Al Meezan Investment Management Limited has announced interim payouts for its Open End Funds for the fiscal year concluding on June 30, 2026, according to a statement released by the company's Chief Executive Officer. The approval was made under the authority delegated by the Board, with the payouts covering various funds and plans under its management.

The company's decision, dated June 22, 2026, outlines specific cash dividends per unit and corresponding payout percentages based on a par value of Rs. 50 each. Among the funds, the Meezan Cash Fund (MCF) leads with a payout per unit of Rs. 4.7183, equating to a 9.44% return, classified as a moderate move. Closely following is the Meezan Daily Income Fund's Meezan Munafa Plan I (MDIF-MMP I), offering a payout per unit of Rs. 4.8254, which represents a 9.65% payout as a percentage of par value, also a moderate move. The Meezan Islamic Income Fund (MIIF) and the Meezan Sovereign Fund (MSF) have declared payouts of Rs. 4.4900 and Rs. 4.0724 per unit, translating to 8.98% and 8.14% returns, respectively, indicative of moderate moves.

According to information available from the Pakistan Stock Exchange (PSX), these interim payouts reflect ongoing market dynamics and investor preferences in the designated market category of mutual funds. The Meezan Daily Income Fund's plans, such as the Meezan Sehl Account Plan (MDIF-SEHL) and Meezan Super Saver Plan (MDIF-MSSP), have also declared returns of 8.63% and 8.91%, marking moderate moves. Notably, the Meezan Gold Fund (MGF) declared no payout, resulting in no change.

Unit holders recorded in the register of the specified funds by the close of business on Thursday, June 18, 2026, are eligible for the announced payouts.