Thursday 10 July 2014

Tharawat ropes in SRB for shari’a board role

Tharawat, a Bahrain-based Islamic investment company, has signed up Shariyah Review Bureau (SRB) to handle the Shari’a supervisory board role for the company. The agreement brings together SRB's expansive role in establi


Tharawat, IIB buy into Saudi fast food brand

Bahrain-based Tharawat Investment House, an Islamic investment house, and International Investment Bank (IIB) have acquired a 49 per cent stake in Saudi Arabia’s Hungry Bunny fast food restaurant chain. The Hungry Bunny bran


Tharawat, Tokyo firm ink engineering JV

Tharawat Development, a leading Saudi-based diversified business house, has signed a joint venture with Tokyo’s Azbil Corporation to expand the plant life cycle support business in the kingdom. The affiliate, named Azbil Saudi Arabia Limit


Tharawat to set up $50-$60m Saudi equity fund

Bahrain-based Islamic investment house Tharawat plans to launch in the third quarter a $50-$60 million private equity fund investing in a Saudi Arabia real estate project, its director said. A strategic investor has pledged $30 million to


Tharawat to raise $100m for sukuk fund

Bahrain-based Islamic investment house Tharawat said it plans to raise $100 million by year-end for a sukuk fund it recently launched to snatch up bargains on the secondary market. Tharawat chief executive Arif Moh'd Al Alawi also told Reu

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