Amlak Finance announced its financial results for the first quarter of 2026, reporting a net profit after income tax of AED 52 million, marking an 86% increase compared to the same period in 2025. The company's total assets were valued at AED 3.46 billion. Revenue for Q1 2026 increased by 8% to AED 65 million, with revenue from financing and investing activities rising to AED 30 million, largely due to higher placement of wakala deposits. The cost of distribution to financiers was reduced to zero, following the full settlement of financial obligations in July 2025. Amlak also approved a dividend of AED 735 million, reflecting its commitment to shareholder value. The company's performance is attributed to efficient financial management and streamlined operations. Established in 2000, Amlak Finance provides innovative, Sharia-compliant property financing products.

Amlak Finance PJSC and its subsidiaries have released their review report and condensed consolidated interim financial information for the three-month period ending on March 31, 2026. This information is unaudited.

On 12 May 2026, the Board of Directors of Amlak Finance PJSC passed a resolution by circulation, approving the financial statements for the first quarter of 2026. The decision was made at 3:00 PM. The information was communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Lama Takieddin, Head of Corporate Governance and Board Secretary. A copy was also sent to the Capital Market Authority.

The Board of Directors of Amlak Finance PJSC plans to consider resolutions by circulation on Tuesday, 12 May 2026, at 3:00 PM. The agenda includes the approval of the Q1 2026 financial statements and addressing regular business matters. This notification is communicated by Lama Takieddin, Head of Corporate Governance and Board Secretary, and is also copied to the Capital Market Authority.

Amlak Finance PJSC has announced a dividend distribution of AED 735 million, equivalent to AED 49 fils per share, following strong financial results for FY 2025. The company's net profit after income tax rose significantly to AED 1.47 billion from AED 12 million in 2024, largely due to the successful sale of the Ras Al Khor land bank, which generated AED 2.9 billion in proceeds. Total income for 2025 increased to AED 3.12 billion, and operating costs decreased by 9% to AED 92 million. Amlak's total assets stood at AED 3.42 billion at the end of FY2025. The company has fully settled its investment deposits and exited the Common Terms Agreement. Amlak plans to review additional strategic options to align with shareholder expectations and focus on the managed exit of its legacy business lines, including the transfer and sale of its Real Estate Finance portfolio. The company aims to surrender its Central Bank UAE license as part of this process. The Board of Directors and management are committed to ensuring sustainable long-term growth and value creation.

On April 22, 2026, Amlak Finance PJSC held a General Assembly meeting at Kempinski the Boulevard, chaired by Mr. Jamal Hamed Almarri. The meeting, which had a quorum of 54.8754% of the total attendance, resolved several key matters regarding the company's financial activities for the year ending December 31, 2025. The assembly approved the Board of Directors’ Report, the External Auditors’ Report, the Internal Sharia Supervisory Committee Report, and the company’s Balance Sheet and Profit and Loss Account. They also approved the distribution of AED 735 million in cash dividends to shareholders, representing 49% of the share capital. The remuneration for the Board of Directors was approved, and both the Board and the External Auditors were absolved from liability for 2025. M/s KPMG was appointed as the external auditor for 2026. Additionally, the assembly approved voluntary contributions for 2026 and amended Article 60 of the Articles of Association to allow for the distribution of interim dividends.

The Board of Directors of Amlak Finance PJSC passed resolutions by circulation concerning business matters on Monday, 20 April 2026, at 3:00 PM. This information was communicated to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The notification was sent by Lama Takieddin, Head of Corporate Governance and Board Secretary, with a copy to the Capital Market Authority.

On 17 April 2026, Amlak Finance PJSC announced that it has entered into a definitive agreement to sell its financing contracts to a UAE Central Bank-regulated entity for an initial purchase price of AED 74.88 million. This decision follows a special resolution passed on 30 June 2025. The sale's completion is contingent upon fulfilling certain conditions. The transaction is not expected to have a material impact on the company's profit and loss account or retained earnings, pending the final assessment of the actual purchase price. The financial impact will be reflected in the second quarter of 2026. The announcement was authorized by Lama Takieddin, Head of Governance and Board Secretary.

The Board of Directors of Amlak Finance PJSC is set to consider resolutions by circulation on Monday, April 20, 2026, at 3:00 PM regarding business matters. This information is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and is communicated by Lama Takieddin, the Head of Corporate Governance and Board Secretary. A copy of this notification has also been sent to the Capital Market Authority.

On 7 April 2026, a communication was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, from Amlak Finance PJSC. The letter informs him that the Board of Directors of Amlak Finance PJSC passed a resolution by circulation on the same day at 9:00 AM. The resolution pertains to routine internal matters. The letter is signed by Lama Takieddin, Head of Corporate Governance and Board Secretary, and a copy was also sent to the Capital Market Authority.

The letter dated April 2, 2026, is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It informs him that the Board of Directors of Amlak Finance PJSC will consider a resolution by circulation on Tuesday, April 7, 2026, at 9:00 AM regarding routine matters. The letter is signed by Lama Takieddin, Head of Corporate Governance and Board Secretary, and a copy is sent to the Capital Market Authority.