Wednesday 27 May 2015
 
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KFH

KFH may sell properties, cut jobs

Kuwait Finance House, the country's second largest lender and one of the world's oldest Islamic banks, may sell some of its properties this year, its chief executive told Reuters on Monday. The bank may auction the propert

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Kuwait Finance House may sell Malaysia unit

Kuwait Finance House (KFH), the Gulf nations' biggest Islamic lender, said it may sell some of its investments including KFH Malaysia and has picked Credit Suisse to advise it on the matter. It did not provide any details such

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Kuwait Finance House Q1 profit up 14.6pc

Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 14.6 per cent rise in first-quarter net profit on Wednesday, but still fell short of analysts' forecasts. Net profit rose to KD29.9 million ($99.

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KFH-Bahrain launches sharia-compliant credit card

Kuwait Finance House - Bahrain has launched "Visa Signature", a sharia-compliant credit card. It was launched after comprehensive study and research to identify the financial needs and lifestyles of KFH-Bahrain clients,

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KFH-Bahrain launches new wealth management service

Kuwait Finance House - Bahrain (KFH-Bahrain) has launched its wealth management department offering new premium investment and asset management services which will focus on a unique class of clientele. “As part of our effort

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KFH rejects Investment Dar plan

Kuwait Finance House (KFH), the Gulf state's largest sharia-compliant bank by assets, said it had rejected a debt-for-assets deal proposed to creditors by Investment Dar, another Kuwaiti sharia-compliant lender. In a statement

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KFH Q4 net profit up 35.8pc to $123m

Kuwait Finance House (KFH), the Gulf State's largest sharia-compliant bank by assets, reported a 35.8 per cent jump in fourth-quarter net profit on Monday, according to Reuters calculations. Kuwaiti banks have had firm to stro

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KFH-Bahrain banks WIBC as ‘gold strategic partner’

Kuwait Finance House – Bahrain (KFH-Bahrain) supported the 21st annual World Islamic Banking Conference (WIBC) as gold strategic partner. More than 1,200 industry leaders, senior decision makers and key regulators from more

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KFH-Bahrain wins product awards

Kuwait Finance House-Bahrain won two prestigious awards from The Banker Middle East Product Awards Bahrain 2014, organised by CPI Financial. KFH-Bahrain won both "Best Personal Finance" and "Best New Retail Financia

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Kuwait Finance House Q3 profit falls 10pc

Kuwait Finance House (KFH), a leading Islamic lender, reported a 10 per cent fall in third-quarter net profit on Thursday, in line with analysts' forecasts. The net profit dropped to KD35.5 million ($122.7 million) in the thre

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