Hedge Funds & Alternative Investments
Islamic Finance
Uncategorized
Dubai's Amlak Finance achieves 95% approval on debt restructuring
Amlak Finance, a Dubai-based Islamic mortgage provider, announced that it has achieved 95 percent approval on its debt restructuring terms. The company added that negotiations are underway with the remainder 5 percent, representing three creditors out of a total of 27. “Reaching the 95% approval rate was challenging and pushed…
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