From Ameinfo.com: The Daman Islamic Fund, a Shari’ah principle-based, UAE-registered open-ended mutual fund closed the month at a Net Asset Value of Dhs109.20 per unit as of March 31, 2009, signifying a month-to-date rise of 1.65%.
A dividend of Dhs1 per unit has been announced for Q1 2010, bringing the ex dividend NAV as of April 1, 2010 to Dhs108.20. The current annualized dividend yield stands at 3.70% as against the NBAD Islamic Index at 1.13%…………………………………..Full Article: Source