Karachi, MCB-Arif Habib Savings and Investments Limited, as the management company of ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has approved a daily distribution for unit holders. A dividend of Re. 0.0538 per unit will be paid to the unit holders whose names appeared in the unit holder register as of the close of business on August 2, 2023.
The daily dividend highlights the fund's commitment to providing regular returns to its unit holders while adhering to Islamic principles. ALHAMRA ISLAMIC MONEY MARKET FUND continues to be an attractive investment option for those seeking Shariah-compliant investment opportunities with stable and competitive returns. Investors can expect to receive the dividend credited to their accounts as per the announced entitlements.