Manama, Bahrain 29 January 2012: Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider announced that it has reaffirmed its partnership for the second consecutive year with MAXMEDIA Co., publishers of Arabian Homes the leading real estate and interiors magazine in Bahrain and beyond.  As per the partnership arrangement, Arabian Homes monthly magazine will be distributed to Sakana's valued customers on complimentary basis and Sakana will collaborate with Arabian Homes to produce series of articles relating to mortgage industry and holistic housing solutions that will enhance the publication. In addition, Sakana will continue to have commercial arrangement with Arabian Homes.

Mr. R. Lakshmanan, CEO of Sakana said:" We are pleased to enhance our unique relationship with Arabian Homes for the second year and continue offering our valued customers the opportunity to enjoy reading the magazine.  "

Mr. Sameer Uchi, CEO of Arabian Homes said:" This agreement reaffirms Sakana's trust in our magazine and we are delighted to offer our valuable readers information they need about mortgages and housing solutions.  This is a first of its kind deal in the industry and we are happy to be associated with Sakana."

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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.

For more information is available at www.sakanaonline.com

About MAXMEDIA
MAXMEDIA Co. WLL is a leading publisher based in Bahrain with following magazine titles:

Arabian Homes - The leading real estate and interiors magazine in Bahrain and beyond

Business in Gulf (B.I.G) - Bahrain's premier entrepreneurial lifestyle magazine

Arabia Motors - The Gulf's most popular motoring magazine

CO-EDS - The best thing to happen to students since education

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:
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