Al Meezan announces interim dividend for MIIF
We are pleased to inform you that Al Meezan has announced a distribution of interim dividend of Rs. 0.135 per unit for Meezan Islamic Income Fund (MIIF). The payout is in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders. A Growth Unit holder having 100 units of MIIF as at February 28, 2010 got 0.268 additional units at the ex-div NAV of Rs. 50.34, while an Income Unit holder got Cash Dividend of Rs. 0.13 per unit.