Karachi: MCB Investment Management Limited has declared a daily dividend payout for the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF). The distribution was approved by the Chief Executive Officer on behalf of the Board of Directors.
According to information available from the Pakistan Stock Exchange (PSX), the dividend of Re. 0.0671 per unit will be paid to the unit holders registered at the close of August 23, 2024. This move underscores the fund's commitment to providing consistent returns to its investors.
The designated market category for this financial event is the Islamic money market, which focuses on investments that are compliant with Islamic finance principles. This dividend distribution reflects the fund's operational results and its strategic aim to benefit its shareholders financially.