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ISLAMIC FINANCE

Kuwait bank in merger talks to create $92bn Islamic lender

July 18, 2018

Kuwait bank in merger talks to create $92bn Islamic lender

Kuwait Finance House is seeking to hold talks with Bahrain’s Ahli United Bank for a potential merger that would create an Islamic lender with about $92 billion of assets, six months after negotiations broke down over price.

KFH sent a letter inviting Ahli United to sign a memorandum of understanding and a non-disclosure agreement"... Continue Reading

Sheikh Al-Jarrah bags ‘Islamic Banking Chairman of the Year’ Award for 2nd year

July 10, 2018

Sheikh Al-Jarrah bags ‘Islamic Banking Chairman of the Year’ Award for 2nd year

Chairman of Kuwait International Bank (KIB), Sheikh Mohammed Jarrah Al-Sabah, added a new prestigious achievement to the Bank’s ever-growing roster of international awards and recognitions, after being named “Islamic Banking Chairman of the Year” for 2018 by World Finance; the premier Londonbased global banking and fi- nance journal.

Al-Jarrah"... Continue Reading

Al-Jarrah nabs ‘Islamic Banking Chairman of the Year’ award

July 9, 2018

Al-Jarrah nabs ‘Islamic Banking Chairman of the Year’ award

Chairman of Kuwait International Bank (KIB), Sheikh Mohammed Jarrah Al-Sabah, added a new prestigious achievement to the bank’s ever-growing roster of international awards and recognitions, after being named “Islamic Banking Chairman of the Year” for 2018 by World Finance; the premier London-based global banking and finance journal.
Al-Jarrah has been honored by World Finance several"... Continue Reading

Kuwait Finance House Teams Up With Visa For Mobile Wallet

July 7, 2018

Kuwait Finance House Teams Up With Visa For Mobile Wallet

To roll out a mobile wallet for its credit and prepaid Visa cardholders, Kuwait Finance House (KFH) teamed up with Visa. The wallet will use Visa’s token service, and KFH Chief Retail and Private Banking Officer Waleed Khaled Mandani said to the media that the tie-up will help its customers use the newest"... Continue Reading

A wide range of investment plans to KFH customers

June 28, 2018

A wide range of investment plans to KFH customers

Kuwait Finance House (KFH) rolls out a wide range of long-term investment plans specifically designed to fulfil all customers’ needs and meet their aspirations, yet reinforce the culture of planning for the future and reiterate the Bank’s pioneering position in offering innovative sharia-complaint financial solutions.

The"... Continue Reading

KFH and Visa launch KFH-Wallet

June 25, 2018

KFH and Visa launch KFH-Wallet

Kuwait Finance House (KFH), the world’s leading Islamic financial institution, and Visa, the world’s leader in digital payments, have announced the launch of KFH-Wallet, a ‘Mobile Wallet Payment Service’ for the bank’s Visa credit and prepaid cardholders. Group Chief Retail and Private Banking Officer at KFH, Waleed Khaled Mandani, said, 'We are pleased to announce the launch of our mobile KFH-Wallet with Visa, our strategic partner. This is another important milestone for KFH in our effort to continue providing better customer experience and more flexible payment options for our customers when using our cards payments solutions. Our customers who have Visa credit and prepaid cards...... Continue Reading

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