Karachi: The Alhamra Islamic Money Market Fund (ALHIMMF), under the management of MCB Investment Management Limited, has announced a daily dividend distribution for its unit holders. On February 15, 2025, the Chief Executive Officer of MCB Investment Management Limited, representing the Board of Directors, approved a dividend payout of Rs. 0.0147 per unit. This distribution is set to benefit unit holders registered in the fund”s records as of the specified date.

According to information available from the Pakistan Stock Exchange (PSX), the Alhamra Islamic Money Market Fund, categorized under the money market segment, aims to provide a stable and competitive return to its investors. The fund”s consistent performance and strategic management have made it a reliable choice for investors seeking Shariah-compliant money market opportunities.

The decision to distribute the dividend underscores the fund”s commitment to delivering consistent returns to its stakeholders. The payout reflects the fund”s robust financial health and its ability to generate returns in alignment with its investment objectives. As the fund continues to navigate the economic landscape, investors remain optimistic about its potential for steady growth and income generation.