Al Baraka Capital appoints Sarah Hosni as managing director, launches real estate arm

Al Baraka Capital has a new MD: Sarah Hosni (LinkedIn) was appointed managing director of Al Baraka Bank’s Islamic financial services arm, Al Baraka Capital, she wrote in a LinkedIn post. Hosni was formerly managing director and executive board member at Contact Financial’s underwriting arm Sarwa.

And a new line of business: Al Baraka Capital also this week launched a real estate investment and urban development arm, dubbed Tanfeez, according to a statement.