A process for preparing aminoalkylpolysiloxanes involves (i) mixing (1) aminoalkylsilane hydrolyzate (ARaSiO(3-a)/2)m(R1O1/2)p with   (I) (2) linear and/or branched organopolysiloxanes R x  ( OR 1 ) y  SiO 4 - ( x + y ) 2 ( II ) until a dispersion is obtained, where A is a monovalent SiC-bonded hydrocarbon radical containing at least one amino group, a is 0 or 1, m is from 2 to 500, p is at least 2, x is 0, 1, 2 or 3, and y is 0 or 1, and at least 10 silicon atoms on average per molecule are present in the organopolysiloxane (2), (ii) reacting (1) and (2) in dispersion in the presence of a basic catalyst until a substantially clear mixture is obtained, and (iii) neutralizing the basic catalyst.