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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

Bahrain’s BBK transfers stake in Sakana

Posted on 03 February 2010

From Maktoob.com: Bank of Bahrain and Kuwait, or BBK, has transferred the ownership of its 50%-stake in Sakana Holistic Housing Solutions to its Islamic investment banking arm Capinnova Investment Bank, Capinnova said.

“BBK took the decision to transfer the ownership of Sakana to Capinnova to strengthen and diversify the bank’s investments in the Islamic financial sector,” it added……………………………………Full Article: Source

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