08.05.2009 - Bahrain's Sakana records healthy Q1 profit
From Constructionweekonline.com: Bahrain-based Islamic mortgage provider Sakana Holistic Housing Solutions has announced a US $650,000 (BHD 245,000) profit for the Q1 2009, a 126% increase on Q1 2008, according to a company statement released yesterday. Sakana also revealed a 98% increase in total assets from $55.8 million in March 2008 to $109 million in March 2009. During this period Sakana’s mortgage book grew by 81% to stand at $88.3 million, the statement said.......Full Article: Source