Karachi: MCB Investment Management Limited, acting through its Chief Executive Officer on behalf of the Board of Directors, has announced a dividend payment for the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF).
On September 12, 2024, a daily distribution dividend of Re. 0.0353 per unit was declared. This distribution is payable to the unit holders recorded in the register at the close of business on the same day.
According to information available from the Pakistan Stock Exchange (PSX), the designated market category for this announcement falls under the Islamic Money Market. The dividend aims to provide consistent returns to investors of ALHIMMF, maintaining the fund’s position in its sector.
This distribution underscores MCB Investment Management Limited's commitment to its investors, ensuring timely returns in alignment with market conditions and fund performance.