Karachi, MCB-Arif Habib Savings and Investments Limited, the management company overseeing ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has disclosed a significant daily dividend payout for the fund's unit holders.

The Chief Executive Officer of MCB-Arif Habib Savings and Investments Limited, on behalf of the Board of Directors, has granted approval for a daily distribution to unit holders of ALHIMMF. The dividend payout stands at Re. 0.0539 per unit and will be disbursed to unit holders whose names were present in the unit holder register as of the close of business on August 7, 2023.

This daily dividend announcement exemplifies MCB-Arif Habib Savings and Investments Limited's dedication to delivering consistent value to its investors. The dividend not only acknowledges the trust and confidence of the unit holders but also reflects the fund's performance and its potential to generate returns.

By declaring this daily dividend, the management company reinforces the fund's goal of providing regular income to its investors. This payout can potentially contribute to enhancing the overall returns on investments for unit holders, aligning with their income and investment objectives.

Investors linked with ALHAMRA ISLAMIC MONEY MARKET FUND stand to gain from this dividend distribution, in line with the fund's mission to generate competitive returns while complying with Islamic principles.