Two Bahrain-based financial institutions, Elaf Bank and Ohad Trust, have formed a joint venture to administrate funds and provide custody in Malaysia in an effort to access opportunities in Southeast Asia and the Islamic investment funds market.
Elaf Bank and fund administration, custodian and trust services provider Ohad Trust have formed Ohad Labuan in Malaysia to work on trust, foundations, fund administration, registrar and custody assignments in the country………………………………………..Full Article: Source