Zawya - Press Releases: "Amlak Finance" announces its financial results for the first quarter of 2026
Total assets amounted to AED 3.46 billion
Dubai, UAE: May 12, 2026: Amlak Finance PJSC announced its financial results for the first quarter ended March 31, 2026, as the company continued to focus on the prudent management of its operations in the UAE, along with consolidating its financial position and balance sheet.
During this period, Amlak recorded a net profit after income tax of AED 52 million, compared to AED 28 million during the same period in 2025, representing a growth of 86% on a quarterly basis.
Total revenues for the first quarter of 2026 increased by 8% to AED 65 million, compared to AED 60 million for the same period in 2025. Revenues from financing and investment activities also increased to AED 30 million, compared to AED 1 million in the first quarter of 2025. This growth is mainly attributed to the increased deployment of agency deposits, which generated revenues of AED 28 million during the first quarter of this year.
The cost of distribution to financiers decreased to zero during the first quarter of 2026, compared to AED 4 million during the same period of the first quarter of 2025 on investment deposits, as a result of the company settling its financial obligations in full in July 2025.
The recently approved dividend distribution of AED 735 million also confirms Amlak’s commitment to delivering added value to shareholders.
These results reflect Amlak's effective and disciplined financial management, including its focus on improving operational management.
About Amlak Finance Company PJSC:
Since its establishment in November 2000 as the first provider of financing services in the region, Amlak Finance has provided its clients with innovative and Sharia-compliant real estate financing products and solutions designed to meet rapidly evolving market demands.
For more information, please visit www.amlakfinance.com
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