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ISLAMIC FINANCE

KFH participates in the International Financial Cooperation Forum

November 14, 2019

KFH participates in the International Financial Cooperation Forum

KUWAIT: Kuwait Finance House (KFH) has participated in the International Financial Cooperation Forum 2019 which is holding during the second edition of China International Imports Expo in Shanghai. The Forum has received high attention from Chinese president Xi Jinping and relevant government leaders of the People’s Republic of China, relevant dignitaries from around the world, global businesses, Chinese"... Continue Reading

DAI opens “al-Fann: Art from the Islamic Civilization” exhibition

November 5, 2019

DAI opens “al-Fann: Art from the Islamic Civilization” exhibition

As part of the Dar al-Athar al-Islamiyyah’s (DAI) 25th cultural season, the “al-Fann: Art from the Islamic Civilization” exhibition opened at the Amricani Cultural Centre on November 5. The opening was held under the auspices of the Minister of Information, Mohammad Nasir Abdullah al-Jabri and in the presence of the Secretary General of the National Council for Culture, Arts and Letters,"... Continue Reading

Global Finance names Boubyan Bank as ‘World’s Best Islamic Digital Bank

November 4, 2019

Global Finance names Boubyan Bank as ‘World’s Best Islamic Digital Bank

KUWAIT: Confirming its leadership in digital banking, Boubyan Bank has placed itself among the top players by receiving the World’s Best Islamic Digital Bank Award from Global Finance for the fifth year in a row. Adel Abdul Wahab Al-Majed, the Bank’s Vice-Chairman & Chief Executive Officer, stated: “We are proud that we are ranked among top players this year as we have been selected"... Continue Reading

Warba Bank acts as join lead manager in arranging $600m sukuk for Dar Al-Arkan

October 29, 2019

Warba Bank acts as join lead manager in arranging $600m sukuk for Dar Al-Arkan

KUWAIT: Warba Bank acted as Joint Lead Arranger and Book-runner on the successfully placed Sukuk issuance for Saudi Arabia’s leading listed real estate developer Dar Al-Arkan, rated Baa2 by Moody’s with a stable outlook. The five-year $600 million Sukuk was issued at a discount at $98.841, with a coupon rate of 6.75 percent to produce a 7.00 percent yield and based on the principles of the Islamic"... Continue Reading

KFH reports KD 190.5mn net profits for 9 months

October 22, 2019

KFH reports KD 190.5mn net profits for 9 months

KUWAIT CITY, Oct 21: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profits of KD 190.5 million for the nine months ended Sept 30, 2019 for KFH shareholders compared to KD 169.1 million for the same period last year i.e. an increase of 12.7%.

Total financing"... Continue Reading

Global Finance Honors Boubyan Bank, names it ‘Best Islamic Bank in Kuwait’

October 22, 2019

Global Finance Honors Boubyan Bank, names it ‘Best Islamic Bank in Kuwait’

KUWAIT: Boubyan Bank has continued its local achievements and followed the journey it started before many years by being named the Best Islamic Bank in Kuwait in 2019 by Global Finance for the 4th year in a row due to the growth witnessed by the various indicators of the bank as well as the growth of its market shares.


The"... Continue Reading

KFH wins ‘World’s Best Islamic Financial Institution 2019’ award

October 20, 2019

KFH wins ‘World’s Best Islamic Financial Institution 2019’ award

KUWAIT: Kuwait Finance House(KFH) has won World’s Best Islamic Financial Institution 2019 award from Global Finance Magazine. Being one of the safest leading financial institution in the region, KFH has also won Best Islamic Financial Institution 2019 award in the Middle East, and the Safest Islamic Financial Institution in the GCC 2019.

In"... Continue Reading

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