PAKISTAN: Al Meezan Investment Management, a local Shariah compliant asset management firm, has announced the interim dividend payouts for its Shariah compliant Meezan Cash Fund, Meezan Islamic Income Fund and Meezan Sovereign Fund.
Meezan Cash Fund declared a dividend of 40 Pakistani-paisa (0.004 US cents) per unit while Meezan Islamic Income Fund and Meezan Sovereign Fund returned PKR2 (0.022 US cents) and PKR1.30 (0.014 US cents), respectively.