karachi: The Board of Directors of AL Habib Asset Management Limited (AHAM) has approved the financial statements for several of its funds for the fiscal year ending June 30, 2024. The approval occurred during a board meeting held on August 1, 2024, in Karachi.

The financial outcomes for the following funds have been ratified and detailed in various annexures:

1. AL Habib Cash Fund – Annexure-A

2. AL Habib Money Market Fund – Annexure-B

3. AL Habib Income Fund – Annexure-C

4. AL Habib Asset Allocation Fund – Annexure-D

5. AL Habib Stock Fund – Annexure-E

6. AL Habib Islamic Cash Fund – Annexure-F

7. AL Habib Islamic Income Fund – Annexure-G

8. AL Habib Islamic Savings Fund – Annexure-H

9. AL Habib Islamic Stock Fund – Annexure-I

According to information available from the Pakistan Stock Exchange (PSX), these approvals signify a crucial phase in the annual financial cycle of the funds managed by AHAM, reflecting their ongoing performance and operational status.

AHAM has also announced plans to distribute printed copies of the accounts to stakeholders shortly, ensuring transparency and accessibility of detailed financial information to all interested parties.