Islamabad: Pak-Qatar Asset Management Company Limited (PQAMC) is a leading Islamic asset management company in Pakistan and part of the Pak-Qatar Group, a leader in Islamic financial services in Pakistan. PQAMC recently announced the monthly dividend of the Pak-Qatar Monthly Income Plan (PQMIP), one of PQAMC’s ‘Mutual Fund Matching Company’ plans. This plan is the highest-paying plan in the category.
According to the PQAMC website, the declared dividend is PKR 1.7635 per unit. PQAMC is rated AM2 with “Stable Outlook” by the internationally renowned PACRA. The PQMIP plan is rated A+ and “Stable Outlook” by PACRA.
Mr. Farhan Shaukat, Chief Executive Officer of Pak-Qatar Asset Management Company Limited has approved the distribution of dividends for March 2024 with the authorization of the Board of Directors.
Further, Farhan said, “The above rights will be distributed to the unit holders mentioned in the list of unit holders at the close of business on March 28, 2024.”
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.
Stakeholders can also view the performance of the Pak-Qatar Monthly Income Plan, the trade body of Pakistan’s multi-billion dollar asset management industry, on the Mutual Fund Association of Pakistan (MUFAP) website.
