⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced a daily dividend distribution of Re. 0.0308 per unit for the unit holders whose names appeared in the unit holder register at the close of 24-OCT-25. This payout has been approved by the Board of Directors. The announcement was made on 25-OCT-2025. This distribution aims to provide returns to investors in the Islamic money market fund.
📌 Key Takeaways
- 📅 Announcement date: 25-OCT-2025
- 💰 Daily dividend distribution: Re. 0.0308 per unit
- 📜 Fund: ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF)
- 🏢 Management company: MCB Investment Management Limited
- ✅ Approved by: Board of Directors
- 🗓️ Record date: 24-OCT-25
- 🏦 Eligible unit holders: Those registered by the record date
- 🎯 Objective: Provide returns to investors
- 📍 Location: Pakistan Stock Exchange, Karachi
- ℹ️ Information source: Company Secretary Muhammad Rehan Khan
🎯 Investment Thesis
Given the limited information, a HOLD recommendation is appropriate. The dividend distribution is positive, but further assessment of the fund’s overall performance, expense ratio, and historical returns is necessary before making a BUY or SELL decision.
Disclaimer: AI-generated analysis. Not financial advice.