The Bank of Bahrain and Kuwait
BBK launches Islamic investment banking arm
Wed, 2009-01-14 13:46 — IslamicFinance.deAndy Sambidge reported on 13 January 2009 in Arabianbusiness on the launch of the Sharia compliant Capinnova Investment Bank by The Bank of Bahrain and Kuwait. It is licensed by the Central Bank of Bahrain and has an authorised capital of USD 500 mn and paid-up capital of USD 125 mn. Capinnova’s core areas of business will include private equity, asset management and corporate finance.
Capinnova’s chairman is A. Karim Bucheery. CEO is Jamal Hijres.
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