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Nadia Saleem

Amlak and Tamweel's future direction is getting clearer

Sun, 2009-03-22 19:20 — IslamicFinance.de

Nadia Saleem reported in the Gulf News that the possible merger of the UAE's largest Islamic mortgage providers, Amlak Finance and Tamweel, is in the final stages of being resolved, while the liquidation option has been taken off the table and quotes Sultan Bin Saeed Al Mansouri, Minister of Economy informing reporters about it.

Aside from merger, keeping them seperate and liquidation was under discussion.

Source: 

http://archive.gulfnews.com/business/Banking_and_Finance/10296556.html

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