Karachi: MCB Investment Management Limited has released the financial results for its Alhamra Islamic Money Market Fund for the quarter ended September 30, 2026. The report, dated October 20, 2026, reveals a decline in net income compared to the same quarter last year.
The fund reported a total income of 70.48 million rupees for the quarter, down from 73.90 million rupees in the corresponding period of 2025. The income was primarily derived from a markup on investments amounting to 24.65 million rupees and a profit on bank deposits totaling 45.59 million rupees. The fund also recorded a gain of 1.17 million rupees from the sale of investments classified as 'at fair value through profit or loss', contrasting with a loss of 213,000 rupees in the previous year. However, there was an unrealized diminution of 924,000 rupees on the remeasurement of investments.
Expenses for the quarter increased to 7.16 million rupees from 6.51 million rupees in the previous year. The expenses included remuneration of the management company at 4.59 million rupees and Sindh sales tax on remuneration at 689,000 rupees. Other expenses comprised trustee remuneration, legal and professional charges, and various fees and subscriptions.
Net income before taxation for the quarter stood at 63.32 million rupees, a decrease from 67.39 million rupees in the same quarter of 2025. This figure remained unchanged post-taxation, as there were no taxes applied. The net income for the period, therefore, was 63.32 million rupees, marking a moderate move when compared to the previous year's 67.39 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the financial results reflect the fund’s performance in its designated market category. The allocation of net income for the period included gains from capital gains of 242,000 rupees and income excluding capital gains of 63.08 million rupees.
The report provides a detailed account of the fund's financial management and performance, offering stakeholders an insight into the economic activities and financial health of the Alhamra Islamic Money Market Fund for the specified quarter.