Tuesday 27 January 2015

Amlak on track to resume trading on Dubai bourse | The National

Amlak on track to resume trading on Dubai bourse | The National:



"Amlak Finance, the Sharia-compliant mortgage lender that completed a restructuring of US$2.7 billion worth of debt last year, is on track to resume the trading of its shares on the Dubai Financial Market in the first half of the year, the UAE Minister of Economy said yesterday.



“All of Amlak’s affairs have been put in order,” said Sultan Al Mansouri, adding that it would trade its shares again by the first half of the year.



Amlak’s stock has been suspended since 2008."



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