From Reuters: Bahrain-based Islamic investment house Arcapita posted a $159 million second-quarter loss due to a slump in income from placement fees and lower asset valuations after property markets plunged.

The company said on its website its income in the quarter ended Dec. 31 fell to $12.6 million from $101.8 million a year earlier, when it posted a quarterly profit of $30.6 million……………………………………Full Article: Source