Reports a net profit after income tax of AED 77mn

Amlak Finance announced its H1-2026 financial results for the period that ended 30 June 2026.
The Company maintained its focus on the prudent management of its UAE operations and overall balance sheet.
During the period, Amlak reported a net profit after income tax of AED 77mn, compared to AED 19mn in the corresponding period of 2025, representing a growth of 305%.
Investing activities
Amlak’s H1-2026 revenue from financing and investing activities increased to AED 54mn from AED 3mn in H1-2025, primarily driven by higher placement of wakala deposits, which generated income of AED 52mn during the period.
The Company recently distributed dividend of AED 735mn which highlights Amlak’s commitment to delivering value to its shareholders.
“Our performance in the first half of 2026 reflects the progress we have made in strengthening our financial position and enhancing our balance sheet flexibility. Our focus remains on disciplined capital allocation and on supporting sustainable, long-term value creation for our shareholders,” asserted Arif Albastaki, CEO, Amlak Finance.
