Karachi: MCB Investment Management Limited, the management company of Alhamra Islamic Money Market Fund (ALHIMMF), announced a daily dividend distribution for March 8, 2025. The Chief Executive Officer, acting on behalf of the Board of Directors, approved a dividend payout of Re. 0.0148 per unit. This distribution will be allocated to unit holders registered at the close of March 8, 2025.
According to information available from the Pakistan Stock Exchange (PSX), this announcement reflects an ongoing commitment to providing returns to investors in the designated market category of money market funds. The payout follows a structured approach established by MCB Investment Management Limited to ensure consistent and timely distributions to its unit holders.
This dividend distribution is aligned with the fund’s objectives of maintaining liquidity and offering competitive returns in the Islamic money market sector. It reflects the operational strategies employed by the management company to maximize returns for its investors while adhering to Shariah compliance.