Dubai-Mubasher: Amlak Finance reported net profits of AED 67.7 million ($18.4 million) in the fourth quarter of 2015, against net losses of AED 165.6 million ($45 million) in the same quarter of 2014, according to a bourse filing.
The Dubai-based Islamic mortgage lender generated net profits of AED 139 million in the fiscal year 2015, against losses of AED 85.46 million in the fiscal year 2014.
