Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the ALHAMRA Islamic Money Market Fund (ALHIMMF). According to information available from the Pakistan Stock Exchange (PSX), the announcement made on behalf of the Board of Directors specifies a dividend payout of Rs. 0.0708 per unit.

This dividend will be awarded to the unit holders recorded in the unit holder register as of the close of business on September 13, 2024. The decision was made by the Chief Executive Officer of MCB Investment Management Limited, emphasizing the company's ongoing commitment to delivering value to its investors.

ALHAMRA Islamic Money Market Fund, known for its adherence to Shariah-compliant investment opportunities, continues to offer competitive returns to its investors through meticulous fund management and strategic asset allocations. This dividend distribution aims to enhance the value provided to its stakeholders and reinforce the fund's position in the market.