Posts tagged as: Kuwait Finance House (KFH)

KFH: Banking products that cement value of saving in society

KFH: Banking products that cement value of saving in society

Kuwait Finance House is eager to offer its clients banking products that bond the value of saving, saving being a main factor in boosting the local economy.
The new account is a combination between the advantages of investment saving accounts and Islam…

Kuwait Finance House plans to continue its pivotal role in Turkish market, says Chairman

Kuwait Finance House plans to continue its pivotal role in Turkish market, says Chairman

According to the chairman of Kuwait Finance House in Turkey, Mr. Mohammed Al-Omar, the bank plans to go on with its pivotal role in the Turkish market, in addition to binding its strategy that is based on strengthening economic relations with neighbori…

Saudi Al-Rajhi remains biggest Islamic bank

Saudi Al-Rajhi remains biggest Islamic bank

Three banks from UAE are among 10 largest Arab Islamic banks.
Saudi Arabia’s Al-Rajhi group remained at the same position as the world’s largest Islamic bank at the end of 2010 while four in the UAE were among the 10 top Shariah-compliant banks.
Th…

Building firm’s $100m sukuk a success

Building firm’s $100m sukuk a success

The $100 million sukuk for the Building Materials Company has been successfully resolved and paid for in full on its maturity date on October 18.
The statement was given by the arrangers and lead managers, Kuwait Finance House (KFH), Liquidity Manageme…

KFH will finance international real estate in Jordan, Turkey soon

KFH will finance international real estate in Jordan, Turkey soon

Real Estate Department at Kuwait Finance House will participate in the real estate and investment expo organized by Top Expo Group at the Fair Ground. KFH will introduce its financing services for all kinds of real estate, such as residential, investme…

Fannie Mae in KFH Arlington deal

Fannie Mae in KFH Arlington deal

Reit UDR has acquired a 217-unit luxury apartment community in Arlington, Virginia – Twenty400 – for $84m in cash and debt. This explains its joint venture with Kuwait Finance House.
The deal contained $49.5m in interest-only debt from Fannie Mae, alon…

Value of global Sukuk rises to $47bln in H1

Value of global Sukuk rises to $47bln in H1

Sukuk launched last July worldwide amounted to about $5 billion, down 37 percent from the previous month. The statement came from Kuwait Finance House (KFH).
It appears that the value of sukuk issued in the first half of this year has amounted to some …

KFH: Sukuk issuance worldwide amount to USD 5 bln in July

KFH: Sukuk issuance worldwide amount to USD 5 bln in July

Kuwait Finance House (KFH) stated in a report that sukuk (financl certificates) issuance last July worldwide amounted to aproximate USD five billion, down from the previous month by 37%, where the Saudi riyal formed about 15 percent of those sukuk.
Mor…

KFH signs restructuring of debts agreement with Gulf Investment House

KFH signs restructuring of debts agreement with Gulf Investment House

Kuwait Finance House (KFH) signed an agreement with Gulf Investment House (GIH) to restructure its debts that reach KD49.5m.
The agreement was supervised by Liquidity Management House (LMH). The collaborators of the agreement were: Boubyan Bank and Bur…

Excellence goes beyond Kuwait: CEO

Excellence goes beyond Kuwait: CEO

Kuwait Finance House will focus on the retail banking services in its future expansion plans with a view to increase its activities and revenues.
As KFH Chief Executive Officer Mohammad Al-Omar stated, KHF’s excellence in the retail banking market an…

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