Karachi: MCB Investment Management Limited, the management company of the Alhamra Islamic Money Market Fund (ALHIMMF), has announced a daily dividend distribution for its unit holders. According to the official notification released by the company, the Chief Executive Officer, on behalf of the Board of Directors, approved the payout on January 11, 2025.

The declared dividend stands at Re. 0.0181 per unit, and it will be distributed to the unit holders whose names were registered at the close of January 11, 2025. This initiative reflects the company's ongoing commitment to providing consistent returns to its investors.

Alhamra Islamic Money Market Fund is categorized under the "Money Market" segment in the designated market category. This fund focuses on short-term investment opportunities that comply with Islamic Shariah principles, offering investors a stable option for financial growth.

According to information available from the Pakistan Stock Exchange (PSX), this distribution is part of MCB Investment Management Limited's strategy to maintain transparency and reliability in dividend payouts, ensuring that unit holders receive their entitled earnings promptly.

By maintaining regular distributions, the company aims to uphold investor confidence and attract potential investors looking for reliable Shariah-compliant investment options. The fund's performance and consistent dividend payments reinforce its position as a viable investment choice in the Islamic financial market segment.