We are pleased to inform that the Chief Executive Officer of Al Meezan Investment Management Limited (Al Meezan) under the authority delegated by the Board of the Company has approved interim payout in following Open End Funds and their plans under its management for the year ending June 30, 2021;
| S. No | Fund | Payout per unit – Rs. | Payout as % of par value of Rs. 50 each |
|---|---|---|---|
| 1. | Meezan Islamic Income Fund | 3.41 | 6.82 |
| 2. | Meezan Strategic Allocation Fund-II Meezan Capital Preservation Plan -V |
0.10 | 0.20 |
Unit holders whose names appeared in the register of aforementioned Funds at close of the business on Tuesday June 29, 2021 are entitled to the above payouts.