Mr. Mohammad Shoaib, CFA, the CEO of Al Meezan Investment Management Limited (“Al Meezan”) under the authority delegated by the Board of the Company is pleased to announce interim payout for the unit holders of following Open End Funds for the year ending June 30, 2020:
| S. No | Funds | Payout per unit – Rs. | Payout as % of par value of Rs. 50 each |
|---|---|---|---|
| 1. | Meezan Islamic Income Fund (“MIIF”) | 5.88 | 11.77 |
| 2. | Meezan Cash Fund (“MCF”) | 5.47 | 10.95 |
| 3. | Meezan Sovereign Fund (“MSF”) | 5.70 | 11.40 |