Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 21.6 per cent rise in third-quarter net profit on Thursday.
Profit climbed to KD43.4 million ($143.78 million) in the three month
Kuwait Finance House will decide the fate of its Malaysian business by the end of this month, a spokesman said on Tuesday, after a source familiar with the matter told Reuters that Qatar National Bank had bid to buy the unit.
An agreement to fund the construction of the first phase of a new $30-million commercial development in Bahrain's Janabiya area has been signed between Kuwait Finance House - Bahrain (KFH-B) and First Bahrain Real Estate Development Company.
The wealth management department at Kuwait Finance House - Bahrain is offering benefits and exclusive products to its corporate and individual clientele through a specialised team in order to meet their financial goals.
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
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
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.
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,
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
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