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Amlak hopeful of Federal nod to merger shortly

Posted on 11 February 2010

From Business24-7.ae: Amlak Finance, the Islamic mortgage company, is expecting the federal government’s final decision on the soon-to-come merger, the company’s chief official said. “We are still anticipating a final decision from the federal government on the merger and we are optimistic that this will take place soon,” said Arif Alharmi, CEO, Amlak Finance.

The Dubai-based mortgage provider, which had offered its customers a prepayment charge waiver if they settled their loans partially or in full, said the option was introduced upon requests from its customers………………………………….Full Article: Source

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