⚡ Flash Summary
Alhamra Islamic Money Market Fund (ALHIMMF), managed by MCB Investment Management Limited, has announced a daily dividend distribution of Re. 0.0215 per unit for October 19, 2025. This payout is for unit holders whose names appeared in the unit holder register at the close of business on that date. The announcement was made on October 20, 2025. This dividend distribution reflects the fund’s performance and is approved by the Board of Directors.
📌 Key Takeaways
- 📢 ALHIMMF announces daily dividend distribution.
- 📅 Distribution date: 19-OCT-25.
- 💰 Dividend amount: Re. 0.0215 per unit.
- 🏢 Managed by MCB Investment Management Limited.
- 📜 Approved by the Board of Directors.
- 🏦 Applicable to registered unit holders as of 19-OCT-25.
- 🗓️ Announcement date: 20-OCT-2025.
- ✅ Complies with Islamic finance principles.
- 📈 Money market fund focuses on short-term, low-risk investments.
- 📊 Daily dividend distribution provides regular income to investors.
🎯 Investment Thesis
HOLD. Based on the limited information, it is advisable to maintain a HOLD position. The dividend distribution of Re. 0.0215 per unit is a positive indicator. However, a more comprehensive review of the fund’s performance, expense ratio, and overall risk profile is required before making a BUY or SELL decision. Price target: N/A. Time horizon: MEDIUM_TERM (pending further analysis).
Disclaimer: AI-generated analysis. Not financial advice.