⚡ Flash Summary
Alfalah Islamic Rozana Amdani Fund (AIRAF) announced a daily dividend distribution of Re. 0.0259 per unit, approved by the Chief Executive on behalf of the Board of Directors of Alfalah Asset Management Limited. This dividend will be paid to unit holders whose names appear in the unit holder register as of October 15, 2025. The announcement, dated October 15, 2025, pertains to the dividend distribution for the period ending June 30, 2026. This distribution aims to provide regular income to the fund’s investors.
📌 Key Takeaways
- 📣 Alfalah Islamic Rozana Amdani Fund (AIRAF) announces dividend distribution.
- 📅 Announcement date: October 15, 2025.
- 🏦 Distributed by: Alfalah Asset Management Limited.
- ✅ Approved by: Chief Executive on behalf of the Board of Directors.
- 💰 Dividend amount: Re. 0.0259 per unit.
- 🗓️ Record date: October 15, 2025 (close of business).
- 📜 Eligible recipients: Unit holders registered as of the record date.
- 🎯 Fund objective: Providing regular income through daily dividends.
- Islamic Fund: Complies with Islamic finance principles.
- Period Ending: June 30, 2026
🎯 Investment Thesis
HOLD. Based on the dividend announcement, a hold recommendation is appropriate. The dividend of Re. 0.0259 per unit provides a steady income stream, aligning with the fund’s objective. However, without comprehensive performance data, it is difficult to justify a buy recommendation. The hold rating is contingent upon maintaining consistent dividend payouts and competitive returns relative to peers. Time horizon: Medium Term.
Disclaimer: AI-generated analysis. Not financial advice.