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Saturday, 22 November 2008 | 22:47 UAE time

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COMPANIES

Amlak Finance - UAE

  • 1.02 Last
  • -0.06 (-5.56%) Today's Change
  • 7.74m Volume
  • 1.01-5.70 52 Week Range
  • -3.28 (-76.28%) 52 Week Change
As of 20 Nov 2008 09:59 GMT (Market Closed)

COMPANY DESCRIPTION

Established in 2000, Amlak Finance PJSC was transformed into a public entity in 2004 and its shares are widely held – it has over 35,000 shareholders according to its web site.

Amlak Finance is a specialised home finance provider in the UAE.

The company offers medium to long-term financing solutions for residential and commercial properties in a number of emirates in the UAE.

KEY INFORMATION

Industry

Mortgage and Home Finance

Address

Gulf Towers, Oud Metha Road, 2441, Dubai, UAE

T

971 4 4274747

F

971 4 4274502

E

info@amlakfinance.com

W

www.amlakfinance.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 11 Nov 2000 -

MAJOR SHAREHOLDERS

NameCountry
Emaar Properties UAE

PORTFOLIO

NameCountry
Al Nilein Industrial Development Bank Sudan
Al Salam Bank Algeria
Al Salam Bank Bahrain
Al Salam Bank Sudan
Amlak Barwa Finance UAE
Amlak Finance & Real Estate Investments Egypt
Amlak Finance Bahrain
Amlak Finance Jordan
Amlak Finance Syria
Amlak Holding UAE
Amlak International UAE
Arab Orient Takaful Insurance Company Egypt
Dubai Aerospace Enterprise UAE
Emaar Financial Services UAE
Madaares UAE
Park Investment UAE
Tasabeeh Investment UAE
Waraqaa Heights UAE

OFFICERS

BOARD OF DIRECTORSPosition
Nasser Hassan Al Shaikh Chairman
Ali Ibrahim Ismaeil Vice Chairman
Saleh Saeed Lootah Board Member
Issam Galadari Board Member
Farook Mahmoud Arjomand Board Member
Hesham Abdulah Qassimi Board Member
Ahmad Bin Dalmook Board Member
SHARIA BOARDPosition
Hussain Hamid Hassan Chairman
Sheikh Mohammed Abdul Razak Al Sidiq Board Member
Mohammed Abdul Hakim Zoeir Board Member
MANAGEMENTPosition
Arif Alharmi Chief Executive Officer
Ali Al Naqbi Senior Vice President – Human Resources
Max Hamidi Chief Financial Officer & Executive Vice President
Adnan Edris Al Awadhi Executive Vice President - Retail
Jassim Ibrahim Bin Hendi Senior Vice President - Commercial
Chandrasekaran Venketaraman Senior Vice President - Operations & IT
Rajiv Sehgal Senior Vice President - Credit & Risk
Mohammad S. Ghebeh Vice President - Legal & Company Secretary
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.