Atlas Asset Management launches Atlas Islam Dividend Plan under AIFOF

MG News | March 12, 2020 at 03:50 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 12, 2020 (MLN): Atlas Asset Management has uploaded the 2^nd Supplemental Offering Document of AIFOF, related to new plan launch namely Atlas Islamic Dividend Plan (AIDP), on March 10, 2020, for prospective investors and the Initial Public Offer has been scheduled for March 16, 2020.

The details provided by the company in this regard state that the Atlas Islamic Dividend Plan is a Shariah Complaint Allocation Plan under the Atlas Islamic Fund of Fund and primarily aims to earn competitive high returns through dynamic asset allocation between Shariah Compliant Income/Money Market based Collective Investment Schemes and Shariah Complaint/Islamic Banks/Islamic banks window saving Accounts, while aiming to provide Dividend to the investors based on profit earned / appreciation in NAV.

Daily Dividend received by the Unit Holder(s) shall be reinvested, the details further revealed.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,155.49 146.93M	-0.29% -481.36
ALLSHR	101,821.25 491.54M	-0.27% -275.83
KSE30	50,151.61 66.23M	-0.22% -111.06
KMI30	240,694.06 56.00M	-0.34% -821.69
KMIALLSHR	65,906.19 236.46M	-0.35% -230.83
BKTi	46,796.32 10.20M	-0.20% -94.16
OGTi	34,362.14 4.89M	0.39% 134.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,965.00	87,395.00 84,680.00	2375.00 2.81%
BRENT CRUDE	101.64	103.40 101.54	-0.61 -0.60%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	1.00 0.78%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	-3.15 -2.20%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	90.19	91.88 90.12	-0.92 -1.01%
SUGAR #11 WORLD	19.91	0.00 0.00	-0.02 -0.10%