⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced a daily dividend distribution of Re. 0.0215 per unit for unit holders as of October 18, 2025. This dividend will be paid to unit holders whose names appeared in the unit holder register at the close of business on that date. The announcement was made on behalf of the Board of Directors. This distribution provides a small, immediate return to investors in the fund.
📌 Key Takeaways
- 📅 Announcement Date: October 19, 2025.
- 💰 Fund: ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF).
- 🏢 Management Company: MCB Investment Management Limited.
- 💸 Dividend Distribution: Re. 0.0215 per unit.
- 🗓️ Record Date: October 18, 2025.
- 📜 Approved by: Board of Directors.
- 🏦 Unit Holders: Those registered as of the close on October 18, 2025.
- 📍 Location: Pakistan Stock Exchange, Karachi.
- ✅ Payout: Approved by CEO of MCB Investment Management Limited.
- ℹ️ Source: Official company announcement.
- 💼 Company Secretary: Muhammad Rehan Khan.
- 🌐 Website: www.mcbfunds.com
🎯 Investment Thesis
HOLD. Given the limited information, maintaining a HOLD position is advisable. The dividend announcement is a positive sign, suggesting the fund is generating income. However, a more thorough evaluation of the fund’s overall performance, asset allocation, and risk profile is needed before considering a BUY or SELL decision. Without broader financial context, the recommendation would be to maintain the status quo and hold current positions.
Disclaimer: AI-generated analysis. Not financial advice.