Amlak Finance PJSC, the Dubai-based mortgage company, is set to double its capital to Dh1.5 billion through a rights issue. A statement sent by Mohammad Al Abbar, chairman of Amlak to the Dubai Financial Market (DFM) on Sunday revealed its intention to increase capital. According to Gulf ANews, the decision is in line with its strategic goal to sustain and continue the company's growth in the Islamic finance industry.
