Manama, Bahrain 1 Mar 2012:
Sakana Holistic Housing Solutions - the Islamic mortgage finance provider announced that its employees are benefitting from the Career Progression Program offered by Tamkeen across various fields such as Human Resources, Marketing, Finance and Accounting.

Recently Mr. Khalid Al Balushi, Assistant Manager- Human Resources & Administration successfully completed Diploma in Human Resource Practice (HRP) from Chartered Institute of Personnel Development - UK through Tamkeen's Career Progression Program.  

Mr. R. Lakshmanan, CEO, Sakana said: "I would like to thank Tamkeen for their support in enabling Bahraini nationals to acquire professional qualifications in diverse specializations and in turn build human capital base of the country.  I also congratulate Mr. Khalid Al Balushi on successful completion of the program and wish him all the best in his future career".

Sakana continues to invest on its most valuable asset - employees by providing several training and development opportunities.  Sakana's team strength of Bahraini nationals continues to be more than 80% and female to male ratio of 40:60 is among the highest in the financial services sector.

-Ends-

About Sakana Holistic Housing Solutions BSC (c)
Sakana Holistic Housing Solutions commenced operations in December 2006 as a dedicated mortgage finance provider in Bahrain, offering a comprehensive range of Sharia'a-compliant mortgage products. Sakana's holistic approach is paving the way for significant change in the Kingdom's mortgage market by making Islamic finance easier to understand and acceptable, as well as making it available to an ever-wider group of customers.

The company demonstrated significant growth since inception and has broadened its holistic focus by adding property consulting and property development to its portfolio.

Sakana is a finance company with paid up capital of BD 20 Million, regulated by the Central Bank of Bahrain.  Sakana started as a 50:50 joint venture between BBK and Shamil Bank.  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. Further, Shamil Bank was merged with its parent Ithmaar Bank during the year 2010 and accordingly Ithmaar Bank became a 50% stakeholder.

Sakana is a member of the Waqf Fund for Research, Education and Training in Islamic Finance  and a member of Bahrain Property Development Association (BaPDA).

For more information is available at www.sakanaonline.com

For press information contact:
Mrs. Haya Khalil
Sakana Holistic Housing Solutions BSC (c)
Tel:  +973 17 20 19 37
Fax: +973 17 21 46 63
E-mail haya@sakanaonline.com

© Press Release 2012