| Following the line of Dubai Bank, Amlak Finance, an Islamic mortgage company, has agreed to waive the additional rental payment for the period beyond “the expected date of delivery” for a project in Dubailand.
In an email sent to an investor on earlier this month, and seen by Emirates 24|7, Amlak said: “We are pleased to inform you that the additional rental payment will be calculated till official completion date as per the sales and purchase agreement and the permitted extension; ie December 31, 2009.”...........................................Full Article: Source
|