Islamabad:- Pak-Qatar Asset Management Company Limited (PQAMC) is a leading pure Islamic asset management company in Pakistan and part of Pak-Qatar Group, a leading Islamic financial services group in Pakistan. PQAMC recently announced the monthly dividend of Pak-Qatar Monthly Income Plan (PQMIP) under PQAMC Shariah Compliant Mutual Fund. This plan is the highest paying plan in the category.
According to PQAMC’s website, PQMIP announced a combined premium of PKR16.7996 per unit with an annualized YTD yield of 22.29% due on April 26, 2024 and PKR 1.4074 per unit for the month of April 24. PQAMC is rated AM2 with ‘Stable Outlook’ by a recognized rating agency international PACRA. The PQMIP plan is rated A+ and “Stable Outlook” by PACRA.
MR. Farhan Shaukat has approved the distribution of dividends for the month of April 2024 in accordance with the authority given by the Board of Directors.
In addition, Farhan says, “the above rights will be distributed to the Unitholders listed in the list of Unitholders at the close of business on April 25, 2024. This shows the strong and consistent work of PQMIP and our commitment to our PQMIP participants.
The Pak-Qatar Group aims to add value to Pakistan’s economy by making valuable investments and creating innovative and halal business and financial services for sustainable development.
