⚡ 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 November 1, 2025. This dividend will be paid to unit holders registered as of the close of that date. The announcement was made on November 2, 2025, by Muhammad Rehan Khan, the Company Secretary. This distribution is aimed at providing regular income to the fund’s investors.
📌 Key Takeaways
- 📅 Daily dividend distribution announced for 01-NOV-25.
- 💰 Dividend amount is Re. 0.0215 per unit.
- 🏢 ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) is the distributing fund.
- 🏦 MCB Investment Management Limited is the management company.
- ✅ Dividend approved by the Board of Directors.
- 📜 Eligible unit holders are those registered by the close of 01-NOV-25.
- ✍️ Announcement made by Company Secretary, Muhammad Rehan Khan.
- 🗓️ Announcement date: 02-NOV-2025.
- 📍 Pakistan Stock Exchange Limited received the notification.
- ℹ️ This is a system-generated document.
🎯 Investment Thesis
HOLD. Given the limited information, a hold recommendation is appropriate. The dividend distribution is a positive sign, but further analysis is required. A thorough review of the fund’s portfolio, expense ratio, and historical performance is needed before making a buy or sell decision. Monitoring of the fund’s compliance with Shariah principles is also crucial.
Disclaimer: AI-generated analysis. Not financial advice.