Banking Holiday on Monday, July 03, 2023

27 Jun 2023
Banking Holiday on Monday, July 03, 2023

This is to inform you that due to Banking Holiday, there will be no NAV announcement and transaction reporting in the following Funds on Monday, July 03, 2023:

1) Meezan Sovereign Fund (MSF)
2) Meezan Islamic Income Fund (MIIF)
3) Meezan Daily Income Fund (MDIF)

  • Meezan Daily Income Plan (MDIP-I)
  • Meezan Mahana Munafa Plan (MMMP)
  • Meezan Sehl Account Plan  (MSAP)

4) Meezan Cash Fund (MCF)
5) Meezan Rozana Amdani Fund (MRAF)
6) Meezan Tahaffuz Pension Fund (MTPF)
7) Meezan Fixed Term Fund (MFTF)

  • Meezan Paaidaar Munafa Plan (MPMP III, IV, V, VI, VII and VIII)

All the transactions received in the above-mentioned funds, will be executed on next available NAV i.e. Tuesday, July 04, 2023. All other funds will operate in ordinary course except conversion from/to above mentioned funds which will be executed on next available NAV. MEC facility will not be available in any of Al Meezan’s managed funds on Monday, July 03, 2023.

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