HBL Asset Management Approves Interim Distribution for HBL Islamic Money Market Fund.

Karachi -- HBL Asset Management Limited, under the authority of its Board of Directors, has approved an interim distribution for the period ended May 23, 2023, specifically for the HBL Islamic Money Market Fund. The details of the distribution are as follows:

Fund Name: HBL Islamic Money Market Fund

Per Unit Cash Dividend: Pak Rupees 0.0530

% of Opening Ex-NAV as of July 1, 2022: 0.04%

The approved distribution will be allocated to the unit holders whose names are registered in the unit holder register as of the close of business on May 23, 2023. This interim distribution reflects HBL Asset Management's commitment to delivering value and returns to its investors.

The HBL Islamic Money Market Fund provides investors with an opportunity to participate in a Shariah-compliant investment vehicle that focuses on short-term investments, emphasizing liquidity and stability. The per unit cash dividend of Pak Rupees 0.0530 represents a portion of the fund's...