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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Government aid is urged for Tamweel and Amlak

Posted on 12 October 2009

From Thenational.ae: The Government should provide financial support to mortgage lenders to help revive the flagging UAE housing market, says Mahdi Mattar, the chief economist at Shuaa Capital.

Such lending has come to a virtual standstill as the UAE’s two largest mortgage lenders have yet to complete a tie-up announced last November………………….Full Article: Source

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