⚡ Flash Summary

Alhamra Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0216 per unit for November 22, 2025. This payout is applicable to unit holders whose names were registered as of the close of business on the specified date. The announcement was made on November 23, 2025. This indicates a regular income stream for investors in the fund.

📌 Key Takeaways

• 📅 Announcement Date: November 23, 2025
• 💰 Dividend declared by: ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF)
• 🏢 Management Company: MCB Investment Management Limited
• 💸 Dividend Amount: Re. 0.0216 per unit
• 🗓️ Record Date: November 22, 2025
• 📜 Eligibility: Unit holders registered as of the close of business on the record date
• ✅ Approval: Approved by the Board of Directors
• Islamic Fund ☪️: Adhering to Islamic finance principles
• Money Market Fund 🏦: Focused on short-term, low-risk investments

🎯 Investment Thesis

Given the limited information, a HOLD recommendation seems appropriate. The dividend announcement is a positive sign, but a comprehensive analysis of the fund’s performance, risk profile, and market outlook is needed before making a strong BUY or SELL recommendation. It is important to further evaluate the fund’s historical performance and expense ratio.