⚡ Flash Summary
The ALHAMRA Islamic Money Market Fund (ALHIMMF) announced a daily dividend distribution for October 9, 2025. The dividend payout is Re. 0.0248 per unit. This dividend will be distributed to unit holders whose names were registered at the close of business on the specified date. The announcement was made by MCB Investment Management Limited, the management company for ALHIMMF, on behalf of its Board of Directors.
📌 Key Takeaways
- 📅 Announcement Date: 10-OCT-2025
- 💰 Fund: ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF)
- 🏦 Management Company: MCB Investment Management Limited
- 📢 Payout Approval: Approved by the Board of Directors
- 💸 Dividend Amount: Re. 0.0248 per unit
- 🗓️ Record Date: 09-OCT-2025 (close of business)
- 📜 Eligibility: Unit holders registered by the record date
- ✅ Type: Daily Dividend Distribution
- 🏢 Listed on: Pakistan Stock Exchange Limited
- 📄 Document Author: Muhammad Rehan Khan, Company Secretary
- ℹ️ Information Source: Official announcement by MCB Investment Management Limited
🎯 Investment Thesis
Given the limited information, a HOLD recommendation is appropriate. While the dividend payout is a positive sign, a thorough evaluation requires additional data such as the fund’s NAV, expense ratio, historical performance, and detailed portfolio holdings. Only with a full analysis can a Buy or Sell recommendation be justified. A price target can not be reasonably estimated due to the missing fund information.
Disclaimer: AI-generated analysis. Not financial advice.