Regulatory Alerts2011-01-01
Decision No. 62 of 2011 on Prohibiting Emirates Housing Finance Company from Conducting Housing Finance Activities
The Financial Regulatory Authority issued Decision No. 62 of 2011 to prohibit Emirates Housing Finance Company from conducting housing finance activities. This directive formally restricts the entity's operational scope and halts its ability to provide real estate financing services. The regulation establishes a binding legal framework for enforcing the suspension and aligns the company's status with current financial sector standards.
Share