Amlak Finance has reported annual profits of Dh106 million after depositor's share for the financial year ended December 31, 2005. The 122 per cent rise is a significant increase over 2004's Dh48 million.
Revenues of the Islamic finance and home finance company saw a 195 per cent rise to Dh249.2 million against Dh84.4 million in 2004. Emaar Properties holds a 45 per cent stake in Amlak.
