Karachi: Alfalah Asset Management Limited has announced the approval of a daily dividend distribution for its Alfalah Islamic Rozana Amdani Fund (AIRAF), according to a statement from the company’s Chief Executive on behalf of its Board of Directors. The dividend, set at Re. 0.0474 per unit, will be disbursed to unit holders recorded in the register as of the close of May 9, 2025.

The announcement, made on June 30, 2025, marks a continuation of the asset management company's strategy to provide consistent returns to its investors in line with Shariah-compliant investment principles. Alfalah Asset Management Limited operates under the Islamic Chamber of Commerce, Industry, and Agriculture, focusing on providing Islamic financial solutions.

According to information available from the Pakistan Stock Exchange (PSX), the Alfalah Islamic Rozana Amdani Fund has been designed to cater to investors looking for daily income distribution while adhering to Islamic financial principles. The fund's daily distribution mechanism allows for earnings to be credited to unit holders regularly, providing liquidity and an attractive option for investors seeking Shariah-compliant income.

This announcement reflects Alfalah Asset Management Limited's commitment to maintaining transparency and delivering value to its investors. The fund’s consistent performance is monitored closely within the designated market category, ensuring compliance with both financial and ethical standards set forth by the company and regulatory bodies.