Karachi: Mahaana Wealth Limited announced an interim distribution for its Mahaana Islamic Index Exchange Traded Fund (MIIETF), marking a significant financial decision for the period ending June 30, 2025. According to the company's board of directors, the interim distribution is set at Rs 2.25 per unit, representing a 22.50% payout to the unit holders.
The share transfer books of the MIIETF will be closed from June 24, 2025, to June 26, 2025, to facilitate this distribution process. Mahaana Wealth Limited has requested that unit holders notify any changes in their registered addresses before the close of business on June 23, 2025, to ensure accurate and timely processing of the distribution.
According to information available from the Pakistan Stock Exchange (PSX), this distribution marks a very large or significant move in the market, reflecting substantial investor benefit from the fund's performance. The decision underscores the company's commitment to providing value to its stakeholders in the designated financial market category.