Amlak Finance P.J.S.C, a well-established Islamic finance company in the UAE, is gearing up for its Annual General Meeting (AGM) to be held on 23 April 2024. The meeting's agenda is packed with significant points for discussion, including the company's financial position, activities, and balance sheet for the fiscal year ended 31 December 2023.

The company's recent yields have shown stability, with a 3-month yield of 0.04% and a 1-month yield of 0.05%. Despite the Board of Directors' recommendation to not distribute dividends this year, Amlak Finance PJSC's market cap remains strong at 1,162,500,000, indicating a solid financial position.

Other key points on the AGM agenda include the absolution of the Board of Directors and the External Auditors from liability for the year ending 31 December 2023, the appointment of the External Auditors for the fiscal year 2024, and the election of the Board of Directors for the term 2024-2027. The meeting will also discuss voluntary contributions for the year 2024 not exceeding 0.04% of the net profit of the year 2023.

Given the company's stable financial performance, potential investors may consider this a safe bet. Despite the lack of dividends, the company's market cap and steady yields suggest a strong financial position, providing a sense of security for investors. However, as always, potential investors should conduct their due diligence and consider their financial goals and risk tolerance before making any investment decisions.