⚡ Flash Summary
Alfalah Islamic Rozana Amdani Fund (AIRAF) has announced a daily dividend distribution. The Chief Executive, on behalf of the Board of Directors of Alfalah Asset Management Limited, approved a dividend of Re. 0.0224 per unit. This dividend will be paid to unit holders whose names appear in the unit holder register as of December 03, 2025. The announcement was made on December 03, 2025, with the dividend pertaining to June 30, 2026.
📌 Key Takeaways
- 📢 Alfalah Islamic Rozana Amdani Fund (AIRAF) announces a daily dividend distribution.
- 💰 Dividend amount: Re. 0.0224 per unit.
- 🗓️ Record date: December 03, 2025.
- 🏦 Payout to unit holders registered by the record date.
- ✅ Approved by the Chief Executive on behalf of the Board of Directors.
- 🏢 Alfalah Asset Management Limited is managing the fund.
- 📅 Announcement date: December 03, 2025.
- 🎯 Dividend distribution related to: June 30, 2026.
- 📜 Formal notification to Pakistan Stock Exchange Limited.
- 📈 AIRAF aims to provide regular income through Shariah-compliant investments.
🎯 Investment Thesis
A HOLD recommendation is appropriate for Alfalah Islamic Rozana Amdani Fund (AIRAF) based on this announcement. While the dividend payout is a positive sign, a comprehensive understanding of the fund’s performance, asset allocation, and risk profile is needed before making a BUY or SELL decision. A target price is not applicable due to the nature of the fund being an income fund with daily distributions. The time horizon is MEDIUM_TERM, pending further assessment of fund performance.
Disclaimer: AI-generated analysis. Not financial advice.