Press Releases

April 28, 2010

SAKANA SPONSORS THE 7-A SIDE FOOTBALL LEAGUE

Bahrain-based Sakana Holistic Housing Solutions the innovative Islamic mortgage finance provider confirmed sponsorship for the third year in a row to The Companies & Establishments Football League and Cup which is being held on annual basis since the year 1981. The sponsorship was confirmed in the presence of Eng. Mazen Alumran, Chairman of the Companies […]

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April 4, 2010

SAKANA ACHIEVES PROFITABLE 2009

Bahrain-based Sakana Holistic Housing Solutions the innovative Islamic mortgage finance provider held the Annual General Meeting (AGM) on 24 March 2010 at Elite Suites, Manama and the financial statements for the year 2009 were approved by the shareholders.  Sakana has successfully completed 3 years of commercial operations and mortgage financing income for 2009 increased by […]

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April 1, 2010

launch of GCC Mortgage Summit 2010

As the region’s commercial and residential real estate sector looks to finds its feet following the impact of the financial crisis, the spotlight falls on financing through mortgages.
According to R Lakshmanan, Chief Executive Officer, Sakana Holistic Housing Solutions, the team behind the GCC Mortgage Summit 2010 the residential mortgage market penetration is low in the […]

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March 30, 2010

“NASMAH” Tower Completed

RMK Projects (a division of R M Kooheji & Sons) announced today the successful completion of its first  freehold, residential development “Nasmah”, Juffair.  “Nasmah” – which means “a breath of fresh air” in Arabic – is an affordable freehold apartment tower consisting of 120, 2-bedroom apartments and 2 penthouses, each with a balcony and offering […]

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March 16, 2010

Sakana develops human capital

Sakana Holistic Housing Solutions the innovative Islamic mortgage finance provider announced that four of its Bahraini employees were recently promoted to next grade. Sakana also announced that two employees have successfully obtained professional degree from the Chartered Institute of Management Accountants, Islamic Finance (CIMA-IF).
Sakana’s Chief Executive Officer, Mr. R. Lakshmanan said: “Sakana fully supports development […]

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