Lahore: Faysal Asset Management Limited has announced its intention to distribute an interim dividend for the year ending June 30, 2025. This distribution is poised to benefit unitholders of 20 different Shariah-compliant funds under the company's management, contingent upon their appearance in the unitholders register on specified dates.
The announcement specifies that unitholders of the Faysal Islamic Cash Fund and the Faysal Islamic Sovereign Fund - Faysal Islamic Sovereign Plan - I will be eligible for dividends based on their holdings registered by June 20, 2025. These funds are categorized under Shariah Compliant Money Market and Shariah Compliant Income, respectively.
For unitholders of the Faysal Islamic Asset Allocation Fund and the Faysal Islamic Financial Growth Fund - Faysal Islamic Financial Growth Plan-I, the cut-off date for eligibility is June 23, 2025. These funds fall under Shariah Compliant Asset Allocation and Shariah Compliant Aggressive Fixed Income categories.
The Faysal Islamic Saving Growth Fund, Faysal Islamic Stock Fund, and Faysal Islamic Special Income Fund - Faysal Islamic Special Income Plan-III have set their record date for June 24, 2025. Unitholders in these funds will also receive dividends from their respective Shariah Compliant Income and Equity categories.
Subsequently, June 25, 2025, has been designated for unitholders of the Faysal Islamic Sovereign Fund - Faysal Islamic Sovereign Plan - II, Faysal Islamic Stock Fund-II, and Faysal Islamic Mustakil Munafa Fund - Faysal Islamic Mehdood Muddat Plan-I, all falling under various categories, including Shariah Compliant Income, Equity, and Fixed Rate/Return.
According to information available from the Pakistan Stock Exchange (PSX), the funds with a record date of June 26, 2025, include the Faysal Islamic Financial Growth Fund- Faysal Islamic Financial Growth Plan-II, Faysal Islamic Asset Allocation Fund - II, and several other funds categorized under Shariah Compliant Aggressive Fixed Income, Asset Allocation, and Fixed Rate/Return.
The final batch of funds, with a cut-off date of June 27, 2025, includes Faysal Islamic Financial Planning Fund II - Faysal Priority Ascend Plan-III, Faysal Khushal Mustaqbil Fund in its various plans, and the Faysal Halal Amdani Fund, among others. These funds are primarily categorized under Shariah Compliant Asset Allocation and Money Market.
Faysal Asset Management Limited has urged the TRE certificate holders of the exchange to be informed accordingly. This distribution strategy underscores the company's commitment to providing returns to its investors through a diversified range of Shariah-compliant financial products.