⚡ Flash Summary
ALHAMRA Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0249 per unit. This payout is for unit holders whose names were registered at the close of business on October 15, 2025. The announcement was made on October 16, 2025. The payout was approved by the Chief Executive Officer and the Board of Directors.
📌 Key Takeaways
- 💰 ALHIMMF announces a dividend distribution of Re. 0.0249 per unit.
- 📅 The dividend is applicable for unit holders registered as of October 15, 2025.
- 🏢 MCB Investment Management Limited is the management company.
- 📜 The payout was approved by the CEO and Board of Directors.
- 🗓️ Announcement date: October 16, 2025.
- 🏦 The fund is an Islamic money market fund.
- 📈 This distribution aims to provide returns to the fund’s investors.
- 🔍 Unit holders should check their statements to confirm receipt of the dividend.
- 🇵🇰 The fund operates within the regulatory framework of Pakistan.
- 📊 This distribution reflects the fund’s performance and investment strategy.
🎯 Investment Thesis
Given the limited information, a HOLD recommendation is appropriate for current investors in ALHIMMF. The dividend distribution is a positive sign, but a more in-depth analysis of the fund’s overall performance, expense ratios, and risk profile is needed before making a strong BUY or SELL recommendation. A price target cannot be determined without additional financial data. The time horizon is medium term, pending further analysis.
Disclaimer: AI-generated analysis. Not financial advice.