Amlak Finance PJSC, the largest publicly listed Islamic finance company and pioneer in home finance in the UAE, has declared a net profit of Dh80 million for the first half of the financial year ended June 31, 2006. The net profit rose by 60 per cent as compared to Dh50.5 million for the same period last year.
The company's revenues went up to Dh190 million during the last six months, an impressive hike of 103 per cent against Dh93.6 million for the same period last year and that despite the volatility of the stock market, down 60 per cent this year compared to 2005.
