Al-Meezan Investments declares interim dividend


Karachi: Al-Meezan Investment Management Limited has announced fourth interim dividend payout for its three funds. The funds included Meezan Islamic Income Fund (MIIF), Meezan Sovereign Fund (MSF) and Meezan Cash Fund (MCF). According to a statement issued on Tuesday, Al Meezan announced interim dividend of Re1 per unit for Meezan Islamic Income Fund (MIIF), 88 paisas for Meezan Sovereign Fund (MSF) and 85 paisas for Meezan Cash Fund (MCF), in the form of bonus units to the growth unit holders and cash dividend to the income unit holders.

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