Amlak, the largest publicly listed Islamic finance company and pioneer in home finance in the UAE, announced that the company now leads the financial sector in Emiratization achievements by winning the Human Development award for the highest Emiratization in the Finance Category.
Mr. Ali al Naqbi, Head of Human Capital, Amlak Finance commented, saying “Receiving the award from Sheikh Dr. Sultan Al Qassimi was a great honor for us as UAE nationals, as well as a welcome tribute to our efforts so far in the field of localization within our workforce. The award has spurred us to continue educating and encouraging UAE national graduates, such as the thousands of students we have met at this week’s career’s fair, as part of our longevity structure as a company and as a national entity.”
Amlak has always put the importance of integrating national and expatriate workers high on the agenda, and is constantly looking for ways to develop our talent base to drive the innovative product releases and customer solutions for which we have become famous.
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About Amlak:
Amlak Finance PJSC (Amlak) was established in November 2000 as a wholly - owned subsidiary of its still major shareholder Emaar Properties PJSC (Emaar). The Company ceased to be wholly- owned in 2003 following a tripling of the capital base. An IPO was held in January 2004 and the Company was listed on the Dubai Financial Market in March 2004. Emaar currently owns 45% of the Company. No other shareholder has a stake of 5% or above. As at end 2004 non-national shareholders held an aggregate 18%.
