⚡ Flash Summary

The ALHAMRA Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0261 per unit for October 22, 2025. This payout will be made to unit holders registered as of the close of business on that date. The announcement, dated October 23, 2025, comes from the Company Secretary, Muhammad Rehan Khan. The decision was approved by the Board of Directors.

📌 Key Takeaways

• 💰 Daily dividend distribution announced for ALHAMRA Islamic Money Market Fund (ALHIMMF).
• 📅 Distribution pertains to October 22, 2025.
• 💸 Dividend amount: Re. 0.0261 per unit.
• 🏢 Managed by MCB Investment Management Limited.
• ✅ Approved by the Board of Directors.
• 📝 Announcement date: October 23, 2025.
• 👤 Announcement by: Muhammad Rehan Khan, Company Secretary.
• 📜 Unit holders registered as of the close of business on October 22, 2025, are eligible.
• ℹ️ The fund operates under Islamic finance principles.
• 📍 The announcement was made to the Pakistan Stock Exchange Limited in Karachi.

🎯 Investment Thesis

Given the limited information, a neutral ‘HOLD’ stance is appropriate. The dividend payout is positive for current unit holders, but more data is needed to assess the fund’s long-term viability and competitiveness. Without performance data and a clear understanding of the investment strategy, it’s premature to recommend a buy or sell. A comprehensive analysis would be needed to determine whether ALHIMMF represents a sound investment relative to other money market options.