BAHRAIN: Local Islamic investment bank Capital Management House (CMH) has distributed a dividend of 10% per annum for the GCC investors of its CMH Aircraft Leasing Investment Company for the fourth quarter of 2011.
“At the end of 2010, we identified aviation and the leasing sub-segment, in particular, as areas of opportunity and concluded a successful transaction that enabled CMH to realise strong gains and create a steady stream of income for the bank and our investors throughout 2011,” said Mohamed Aljasim, the chief investment officer of CMH.
The bank is also exploring further opportunities in aviation and leasing.