Meezan Pakistan Exchange Traded Fund Credits Interim Dividend

Karachi: Al Meezan Investment Management Limited has electronically credited an interim cash dividend of Rs. 2.25 per share for its Meezan Pakistan Exchange Traded Fund (MZNPETF) to the bank accounts of unitholders. The dividend, representing a 22.50% return for the fiscal year ending June 30, 2025, was disbursed on July 8, 2025. However, dividends have been withheld for unitholders who have not submitted their International Bank Account Numbers (IBAN) or valid copies of their Computerized National Identity Cards (CNICs) to the company.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of this dividend distribution is intended to inform the TRE Certificate Holders of the Exchange accordingly, ensuring transparency and adherence to market regulations. The exchange continues to operate in the designated market category, facilitating transactions for various securities and financial instruments.

Unitholders are advised to update their banking and identification details with the company to avoid any further withholding of dividends. The fund's management emphasizes the importance of compliance with these requirements to ensure the smooth processing of future transactions and distributions.