⚡ Flash Summary
ALHAMRA Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0257 per unit for October 27, 2025. This dividend will be paid to unit holders whose names were registered as of the close of business on the specified date. The announcement was made on October 28, 2025, by the Company Secretary, Muhammad Rehan Khan. This payout represents a distribution of earnings from the fund to its investors.
📌 Key Takeaways
- 💰 ALHIMMF announces daily dividend distribution.
- 🗓️ Dividend declared for October 27, 2025.
- 💸 Dividend amount: Re. 0.0257 per unit.
- 🏢 Managed by MCB Investment Management Limited.
- 📜 Approved by the Board of Directors.
- ✅ Eligibility: Unit holders registered by close of 27-OCT-25.
- 📢 Announcement date: 28-OCT-2025.
- 👤 Muhammad Rehan Khan, Company Secretary, issued the notice.
- 🏦 Fund type: Islamic Money Market Fund.
- 🎯 Focus: Daily dividend distribution.
🎯 Investment Thesis
HOLD. Based solely on the dividend distribution announcement, a HOLD recommendation is appropriate. The dividend of Re. 0.0257 per unit is a positive sign but insufficient to form a complete investment thesis. Further analysis of the fund’s performance, expense ratio, and risk profile is needed. Price target cannot be determined without additional data. Time horizon: Undetermined, pending further analysis.
Disclaimer: AI-generated analysis. Not financial advice.