Karachi, In a move that underlines its commitment to providing value to its investors, ALHAMRA Islamic Money Market Fund (ALHIMMF) has announced a daily dividend distribution of Re. .0538 per unit. This decision was made by the Chief Executive Officer of MCB Arif Habib Savings and Investments Limited, the management company overseeing ALHIMMF, on behalf of the company's Board of Directors.

The announcement comes as part of the fund's continuous efforts to deliver competitive returns and dividends to its unit holders. The daily distribution of Re. .0538 per unit will be disbursed to those unit holders whose names are listed in the unit holder register at the close of business on 25th August 2023.

ALHIMMF has consistently demonstrated its commitment to maintaining a strong track record of returns and dividends for its investors. The fund's emphasis on Islamic financial principles and its adherence to Sharia-compliant investment strategies have attracted a diverse range of investors seeking both stability and growth potential.

The Chief Executive Officer expressed his satisfaction with the fund's performance and reaffirmed the company's dedication to providing lucrative investment opportunities in line with Islamic finance principles. He stated, "We are pleased to announce this daily dividend distribution for ALHAMRA Islamic Money Market Fund. This move showcases our determination to generate favorable returns for our unit holders while upholding the values of Islamic finance."