⚡ Flash Summary
Alhamra Islamic Money Market Fund (ALHIMMF) announced a daily dividend distribution of Re. 0.0265 per unit for unit holders registered as of October 8, 2025. This payout was approved by the Chief Executive Officer of MCB Investment Management Limited on behalf of the Board of Directors. The announcement was made on October 9, 2025, and disseminated to the Pakistan Stock Exchange. This distribution provides a small return to investors in the money market fund.
📌 Key Takeaways
- 📢 ALHIMMF declares a daily dividend distribution.
- 💰 Dividend amount: Re. 0.0265 per unit.
- 🗓️ Record date: October 8, 2025.
- 🏦 Approved by MCB Investment Management Limited.
- 📜 Announcement date: October 9, 2025.
- 🎯 Target investors: Unit holders registered as of the record date.
- 📈 Indicates a return on investment for fund participants.
- 🤝 Decision made on behalf of the Board of Directors.
- 📍 Applicable to the Alhamra Islamic Money Market Fund.
🎯 Investment Thesis
Based on the limited information, a HOLD recommendation is appropriate. The dividend announcement is positive, but a comprehensive analysis of the fund’s financials, risk profile, and performance is needed before making a BUY or SELL decision. The time horizon is short-term, pending further due diligence.
Disclaimer: AI-generated analysis. Not financial advice.