Knowledge, experience and expertise joined together in a 50:50 partnership between The Bank of Bahrain & Kuwait (BBK) and Shamil Bank, two of Bahrain’s leading financial institutions, to form SAKANA HOLISTIC HOUSING SOLUTIONS as the vehicle of innovative and encompassing solutions to the housing and real estate sector. In early 2010, Capinnova Investment Bank, the Sharia’a-compliant investment banking arm and fully owned subsidiary of BBK acquired 50% stake in Sakana from BBK.
The current shareholders are:
About Capinnova:
Capinnova is an independent provider of world class Shari’a-compliant investment products and services for corporate, high net worth individuals, family businesses and government institutions, regionally and globally.
Capinnova is a fully owned subsidiary of the Bank of Bahrain and Kuwait (“BBK”), one of the leading commercial banks in Bahrain and the GCC, with an extensive network of corporate and individual clients. Capinnova commenced operations in Bahrain in January 2009 and is licensed and supervised by the Central Bank of Bahrain as a Shari’a-compliant wholesale investment bank.
Capinnova has a team of investment banking professionals with extensive regional and global experience in the fields of Private Equity, Asset Management, Corporate Finance and Investment Distribution. The team is exceptionally qualified and well equipped to structure and distribute financial solutions to meet clients’ specific investment and funding needs through innovative Islamic structuring capabilities. Capinnova’s management team capitalises on its strong network of business partners regionally and globally.
Central to the bank’s business philosophy is the forming of alliances – whether partnering with investors for mutual growth or collaborating with other institutions to deliver financial solutions to its clients.
The guiding principles of good corporate governance for Capinnova are fairness, transparency, and accountability. Financial objectives are efficiently integrated with prudent risk management practices to safeguard the Bank and clients’ interests. Capinnova strives to implement global best practices in all its activities and deliver outstanding rewards for all stakeholders.
For further information, please visit www.capinnovabank.com
About Shamil Bank:
Shamil Bank is a Bahrain-based Islamic retail bank licensed and regulated by the Central Bank of Bahrain, with commercial and investment banking activities. It has grown steadily to become one of Bahrain’s leading financial institutions.
Shamil Bank provides a diverse range of products and services that cater to the financing and investment needs of individuals and institutions. Conducting its business in compliance with the principles of Sharia’a, it operates a network of local branches and maintains a presence in overseas markets through its subsidiaries, associated and affiliated companies.
Shamil Bank is a wholly owned subsidiary of Ithmaar Bank B.S.C., a full service investment bank.
For further information, please visit www.shamilbank.net