Kuwait Finance House's (KFH) Asian operations head will soon step down following the bank's recent board meeting, according to a statement.

Kuala Lumpur-based K Salman Younis is likely to be moved back to Kuwait, with his deputy Ab Jabar Ab Rahman to be acting chief executive while there is a search for a replacement, Malaysia’s ‘The Star’ said, quoting unnamed sources.

Headquartered in Kuwait, KFH is one of the largest Islamic banks in the world covering corporate, investment, commercial and retail banking. – Reuters