IslamicFinance.de

Jamal Hijres, Chief Executive Officer at Capinnova Investment Bank, has the strong belief that Bahrain will continue to be one of the leading financial centres in the region due to the efficient regulatory policies adopted by the sector.
He added that Bahrain has tremendously benefited from the solid foundations laid by the country’s efficient economic and financial policies outlined over the preceding years.

Andy 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.