Amlak to resume trading after almost seven years | The National:
"Amlak Finance, the UAE mortgage lender that was almost scuppered by the financial crisis of 2008, will start trading again on the Dubai Financial Market on June 2.
The resumption of trade marks the end of the company’s long restructuring journey. The Sharia-compliant home lender was among the biggest casualties of the collapse in Dubai house prices six years ago.
The shares were last traded on November 20, 2008, at Dh1.02 each. “The board’s decision for the readmission of our shares on the DFM will mark the last step for us in the restructuring process and resumption of trading,” said Arif Alharmi, the chief executive of Amlak Finance."
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