Tamweel was listed on the DFM on July 10, 2006 and the share price has been consistent and looks to increase in due course in time in line with confidence shown by the investors.
Tamweel PJSC is the first company in the UAE to be converted from an LLC status to a public company. More than 140,000 individuals applied for Tamweel's IPO which was oversubscribed almost 485 times and raised an amount of AED 267 billion.
Tamweel is the only company in the UAE that has been offering Islamic home finance products since its inception and plays a vital role in the development of the UAE real estate market and its products and services have wide acceptance among the home buyers in the country. Tamweel, which has offered finance for properties of level one developers, has also assisted many secondary and third tier developers to launch their properties in the market.
Browse
related articles
Tamweel to announce Q2 profits on July 30, 2006
- United Arab Emirates: Wednesday, July 26 - 2006 at 11:53
- PRESS RELEASE
Tamweel PJSC, UAE's leading provider of home finance, has informed the Dubai Financial Market (DFM) that it will be announcing their profits for the Financial Quarter ended June 30, 2006 on July 30, 2006.
Related stories
Also consider reading:
Twitter
Facebook
LinkedIn
Digg
Browse
related articles
Today's most read articles:
Log in to request more information from Tamweel
Notes and media contacts
About Tamweel:Tamweel, the leading home finance service provider, has over 235 partners and is focused to be the leader in home financing regionally, with currently offices in Dubai, Sharjah and Abu Dhabi. Established in March 2004, Tamweel provides a variety of Sharia-complaint home finance services and products such as Ijarah, Murabaha, Pre-approval and YUSR - the adjustable repayment mortgage.
For more information, please contact Remus D'Cruz/ Houssam Raydan, Bates PanGulf PR, Dubai.
Tel: +971-4-295 3456
Fax: +9714-295 1027
Posted by Lara Lynn Golden, News EditorWednesday, July 26 - 2006 at 11:53 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Sun Feb 11 2007.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds