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Tamweel chairman sees Q3 results similar to Q2

Posted on 06 October 2010

From Thepeninsulaqatar.com: Troubled Islamic mortgage firm Tamweel expects to post third quarter earnings similar to its first and second quarter results as it prepares to start issuing fresh mortgages, the company’s chairman said.
Speaking at the property conference Cityscape Global in Dubai, Sheikh Khaled bin Zayed Al Nahayan said the company had taken the bulk of its provisions in 2009……………………………………….Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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