⚡ Flash Summary
Alhamra Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0214 per unit for October 26, 2025. This payout is for unit holders who were registered by the close of the specified date. The announcement was made on October 27, 2025, by the Company Secretary, Muhammad Rehan Khan. This dividend distribution is subject to applicable regulations and internal policies.
📌 Key Takeaways
- 📢 Alhamra Islamic Money Market Fund (ALHIMMF) announces daily dividend.
- 📅 Dividend distribution date: October 26, 2025.
- 💰 Dividend amount: Re. 0.0214 per unit.
- 🏢 Managed by MCB Investment Management Limited.
- ✅ Approved by the Board of Directors.
- 📜 Registered unit holders as of October 26, 2025, are eligible.
- ✍️ Announcement made by Company Secretary Muhammad Rehan Khan.
- 🗓️ Announcement date: October 27, 2025.
- 🏦 Fund operates under Islamic finance principles.
- 🔍 Distribution subject to regulatory compliance.
- 💼 MCB Investment Management also manages other funds.
🎯 Investment Thesis
HOLD. Given the limited information provided (only a daily dividend announcement), a HOLD recommendation is appropriate. Further information is needed on the fund’s performance, asset allocation, and expense ratios to evaluate its overall attractiveness. Until then, the dividend distribution, while positive, is insufficient to warrant a BUY recommendation. A SELL is not warranted given the positive distribution.
Disclaimer: AI-generated analysis. Not financial advice.