Manama, Bahrain 02 November 2010: Sakana Holistic Housing Solutions the innovative Islamic mortgage finance provider held a one day training session for its employees on Organizational Effectiveness through personal habits at Elite Suites in Sanabis. The program was conducted by Professor Hussain H. Rangwala, Founder/Director of A.I.M Worldwide and focused on achieving personal and interpersonal effectiveness through combination of theoretical and practical activities.
Mr. R Lakshmanan, CEO of Sakana said: "Our employees are the backbone of our business and we are committed to investing on their training and development. We believe in continuous enhancement of skills and knowledge and through this program we are gearing up our team to faces the challenges for the future in personal and professional life".
Mr. Hussain H. Rangwala, Founder/Director of A.I.M Worldwide said: "I am pleased to work with Sakana for the second time and believe that this program will immensely benefit its employees to achieve success in the future provided they turn their learning into real-life habits".
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About Sakana Holistic Housing Solutions
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.
For more information visit www.sakanaonline.com
This note is intended as a guide only, for journalists regarding the significance of the different terminology for an Islamic lender.
Sakana Holistic Housing Solutions is an Islamic financial institution. As such, please consider using the following suggested preferred terminology:
Usual terminology | Preferred terminology |
Loan | Finance |
Lender / Lending / Lend | Financier/Financing/Finance |
Credit facility | Funding facility |
Interest | Profit |
Issued by Sakana
For press information contact:
Haya Khalil
Sakana Holistic Housing Solutions BSC ©
Tel: +973 17 20 19 37
Fax: +973 17 21 46 63
E-mail haya@sakanaonline.com
© Press Release 2010
