⚡ Flash Summary
ALHAMRA Islamic Money Market Fund (ALHIMMF) announced a daily dividend distribution of Re. 0.0261 per unit for November 13, 2025. This dividend will be paid to unit holders whose names appear in the unit holder register at the close of business on 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 provides a small, but regular income stream to investors in the fund.
📌 Key Takeaways
- 💰 Daily dividend distribution announced: Re. 0.0261 per unit.
- 🗓️ Record date: November 13, 2025.
- 🏦 Fund: ALHAMRA Islamic Money Market Fund (ALHIMMF).
- 🏢 Management company: MCB Investment Management Limited.
- ✅ Approved by the Board of Directors.
- 📜 Dividend payout for unit holders registered as of the close of business.
- 🇵🇰 Announcement for investors in Pakistan Stock Exchange.
- 📊 Daily dividend payout suggests stable returns.
- 🔍 Focus on short-term income.
- 📜 Compliance with Islamic finance principles.
- 📧 System-generated document.
- ✍️ Company Secretary, Muhammad Rehan Khan, signed.
🎯 Investment Thesis
HOLD. Given the limited information available, specifically lacking comparative historical dividend data and fund performance metrics, a HOLD recommendation is appropriate. The dividend of Re. 0.0261 per unit is positive for unit holders seeking regular income but insufficient to form a strong buy or sell opinion. Further analysis, including a review of the fund’s asset allocation and performance relative to peers, is needed. Price target not applicable. Time horizon: SHORT_TERM.
Disclaimer: AI-generated analysis. Not financial advice.