⚡ Flash Summary

ALHAMRA Islamic Money Market Fund (ALHIMMF) has announced a daily dividend distribution of Re. 0.0276 per unit for November 3, 2025. This dividend will be paid to unit holders registered at the close of the specified date. The announcement was made by MCB Investment Management Limited, the management company of ALHIMMF, on behalf of its Board of Directors. This distribution reflects the fund’s earnings and will provide a return to its investors.

📌 Key Takeaways

• 💰 ALHIMMF announces a daily dividend distribution.
• 📅 The distribution is for 03-NOV-25.
• 💸 Dividend amount: Re. 0.0276 per unit.
• ✅ Approved by MCB Investment Management Limited.
• 🏢 MCBIM is the management company of ALHIMMF.
• 📜 Dividend payable to registered unit holders.
• 🕒 Registration cutoff: Close of 03-NOV-25.
• ℹ️ Announcement via official notification.
• 🛡️ Managed under Board of Directors’ approval.
• 🤝 Aims to provide returns to investors.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation is appropriate. The dividend distribution is a positive sign, but further analysis is required to assess the fund’s performance, risk profile, and overall attractiveness relative to peers. Additional information on fund expenses and portfolio composition is necessary before making a definitive investment decision.