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Tag Archives: kfh

KFH improves productivity, profitability and asset quality: CEO – Coverage of NPLs increases to 220%, says Al-Nahedh

KUWAIT CITY, Oct 26: Kuwait Finance House (KFH) CEO Mazin Saad Al-Nahedh said that the bank has achieved a net profit of KD 105.7 mln as of the end of the third quarter 2015 with an increase of 17.3% over the same period last year, indicating that the profits were …

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KFH renews strategic partnership with Islamic Finance Club

Kuwait Finance House (KFH) has renewed the strategic partnership with the Islamic Finance Club at the College of Business Administration as part of KFH’s continuous support to the club’s activities and part of its social responsibly. The strategic partnership affirms KFH’s role in supporting the youths and the students and …

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KFH participates as primary dealer for sukuk issued by IILM

Volume traded affirms bank as global market maker, says Al-Roshoud KUWAIT CITY, Oct 3: Kuwait Finance House (KFH) participated as a primary dealer for short-term sukuk issued by the International Islamic Liquidity Management IILM worth $1.850 bln. KFH is considered as the most active dealer in the market in terms …

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KFH rules out merger or sale of its Malaysian unit

KUWAIT CITY, Sept 22, (RTRS): Kuwait Finance House (KFH) has ruled out a sale or merger for its Malaysian unit, its chief executive told Reuters on Tuesday. Mazin al-Nahedh added the lender, the largest Islamic bank in the Gulf Arab state, “will begin restructuring the unit with immediate effect”. The …

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