Karachi: MCB Investment Management Limited, under the authorization of its CEO and the Board of Directors, has declared a daily dividend payout for the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF). The declared dividend is Re. 0.0397 per unit for the unit holders recorded at the end of the trading day on 31-AUG-24.
The announcement comes as part of the fund's regular dividend distribution strategy, aiming to provide consistent returns to its investors. The dividend will be paid to all eligible unit holders who were registered in the fund's unit holder register as of the close of business on August 31, 2024.
According to information available from the Pakistan Stock Exchange (PSX), this dividend payment reflects the fund's performance and operational strategies aimed at maximizing investor value. The ALHAMRA ISLAMIC MONEY MARKET FUND, managed by MCB Investment Management Limited, focuses on maintaining liquidity and ensuring compliance with Shariah principles, catering to the specific needs of Islamic investors.
This daily dividend distribution underlines MCB's commitment to delivering value and adhering to the highest standards of compliance and transparency in managing investor funds.