Karachi: MCB Investment Management Limited, the management company of Alhamra Islamic Money Market Fund, announced its financial results for the fiscal year ending June 30, 2025. The announcement was made following the Board of Directors meeting held at the company's head office in Karachi on August 4, 2025.

The financial results highlighted a notable decrease in the fund's assets. The total assets for the year stood at 5.73 billion, marking a very large or significant move from the previous year's total of 22.11 billion. The decline in assets was primarily due to reductions in balances with banks and investment holdings.

According to the statement released by the company, the balances with banks dropped to 2.88 billion from the previous 9.40 billion, while investments fell to 2.77 billion from 11.93 billion. Profit receivable on bank balances and investments also experienced a big move, decreasing from 768.94 million to 74.30 million.

Total liabilities of the fund decreased to 18.38 million from 52.87 million, reflecting a big move. The liabilities included payables to MCB Investment Limited Management Company and other expenses, which also saw reductions.

Net assets of the fund were reported at 5.71 billion, compared to 22.06 billion in the previous year. This represents a very large or significant move. The number of units in issue also showed a very large or significant move, decreasing from 221.69 million to 57.41 million units.

According to information available from the Pakistan Stock Exchange (PSX), the net asset value per unit remained constant at 99.51, identical to the previous year. Earnings per unit were not disclosed, as the management indicated that calculating the weighted average number of units was impracticable.

The management company further stated their intention to distribute the requisite number of printed accounts to members of the exchange, ensuring transparency and compliance with regulatory requirements.

The report also included attached statements covering assets and liabilities, profit and loss, other comprehensive income, movements in unit holders' funds, and cash flows, providing a comprehensive overview of the fund's financial health over the reported period.