In a significant move that underscores its financial stability and commitment to shareholder returns, Amlak Finance PJSC recently concluded its General Assembly meeting, presided over by Mr. Jamal Hamed Almarri. The meeting, which took place on April 22, 2026, at Kempinski the Boulevard, witnessed a quorum of 54.8754% of the total attendance, reflecting strong shareholder engagement.

The assembly approved the Board of Directors' report, the External Auditors' report, and the Internal Sharia Supervisory Committee report for the year ending December 31, 2025. More notably, the meeting resolved to distribute cash dividends amounting to AED 735 million, representing 49% of the share capital, at a rate of AED 49 fils per share. This substantial dividend payout reflects Amlak Finance's robust financial performance and its commitment to rewarding shareholders.

Additionally, the assembly approved the remuneration for the Board of Directors and absolved both the Board and the External Auditors from liability for the year ending December 31, 2025. The appointment of M/s KPMG as the external auditors for the financial year 2026 was also confirmed, ensuring continued financial transparency and accountability.

In a strategic move to enhance shareholder returns, the assembly approved an amendment to Article No. (60) of the Company’s Articles of Association. This amendment allows the distribution of interim dividends, enabling the company to provide annual, semi-annual, and/or quarterly dividends, subject to specific provisions. This flexibility in dividend distribution could enhance investor confidence and attract new investors.

Looking ahead, Amlak Finance appears well-positioned to maintain its growth trajectory. The company's adherence to Islamic Sharia’a principles and its diversified financing and investing activities provide a stable foundation for future growth. However, potential investors should consider the broader economic conditions and market volatility before making investment decisions.

Based on the current financial performance and the strategic initiatives approved in the General Assembly, it is advisable for investors to hold their positions in Amlak Finance. The company's commitment to shareholder returns and its strategic flexibility in dividend distribution make it a promising investment for those seeking steady returns.