Wednesday , October 17 2018

Tag Archives: kfh

KFH’s economic, social contributions win praise – Capital Governor inaugurates Al-Yarmouk branch

KUWAIT CITY, Feb 4: Governor of the Capital Governorate retired Lieutenant General Thabet Al-Muhanna praised the economic and social contributions of Kuwait Finance House (KFH). He stressed, on the sidelines of inaugurating Al-Yarmouk KFH Branch in the presence of KFH Group CEO, Mazin Saad Al-Nahedh and a number of the …

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KFH 2016 net profit rises 13.3% to KD 165.2mn – Board proposes 17% cash dividend, 10% bonus shares; EPS 32.01 fils

KUWAIT CITY, Jan 31: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, realized a net profit of KD 165.2 million for the year 2016 for KFH shareholders as compared to KD 145.8 million for the same period last year i.e. …

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KFH welcomes CBK’s Sharia Supervisory Governance for banks – Regulations instill confidence in Islamic banking: Duwaishan

KUWAIT CITY, Jan 22: Kuwait Finance House (KFH) has welcomed the Central Bank of Kuwait (CBK)’s instructions and regulations regarding the role of Sharia Supervisory Boards in Islamic banks, including the latest instructions on “Shariah Supervisory Governance for Kuwaiti Islamic Banks. Islamic Banks would be given until December 31st, 2017 …

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Kuwait stocks ‘kick off’ 2017 with modest gains – KFH rallies 10 fils; Zain flat

KUWAIT CITY, Jan 2: Kuwait stocks swung higher on Monday as it kicked off new year on a firm note. The bourse climbed 27.26 pts in volatile trade to 5,775.4 points helped by some of the mid and small caps. The banks and other heavyweights closed mixed. The KSX 15 …

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KFH Capital acquires office tower in US for $165mn – Property near Manhattan and fully leased to Panasonic Corp for 15 years: Al-Marzouq

KUWAIT CITY, Dec 27: KFH Capital Investment Co, a subsidiary of Kuwait Finance House Group KFH-Group, has announced the successful acquisition of an office tower in New Jersey, USA for $165 mln as part of KFH Capital’s plans aiming at investing in good income-generating assets. Abdul-Aziz Nasser Al-Marzouq, KFH Capital’s …

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Kuwait’s property sales down by 29 pct in November

KUWAIT CITY, Dec 23, (KUNA): Kuwait’s local real estate sales dwindled away by 29 percent to KD 232 million in November, compared with 38 percent in the same month of 2015, on a monthly basis, showed a recent economic report. Property trading in November was remarkably active, compared with the …

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KFH sponsors & participates in student forum – Students from Kuwait University, other universities participate

KUWAIT CITY, Dec 21: Under the patronage of Kuwait Finance House (“KFH”), the sponsor, Finance Club at College of Business Administration at Kuwait University organized a forum and exhibition for the students and other universities at the parking area of Al- Tilal Complex — Shuwaikh during the last period within …

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Kuwait bourse heads north; volume swells – KFH falls 10 fils; KIPCO flat

KUWAIT CITY, Dec 20: Kuwait stocks headed north on Tuesday as it extended the gains to second straight session. The price index rose 10.562 points in volatile session to 5,667.75 points helped by speculative buying in select counters. The banks and other heavyweights mostly sagged even as the investors await …

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KFH starts operation of ATM systems for the blind – Machines placed in easy to reach locations and are fully secured and monitored

KUWAIT CITY, Dec 18: Kuwait Finance House announced the commencement of operation of 10 ATMs provided specially for the blind in various areas of Kuwait in appreciation of their conditions and difficulties and to ensure that they avail the best service that suites their circumstances. Deputy General Manager — KFH …

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KFH commences Shariah Audit program – Program is first-of-its-kind at Group level

KUWAIT CITY, Dec 17: Kuwait Finance House (KFH) has commenced Shariah Audit program comprising models and practices of various sharia transactions, and thorough illustration on their provisions. The program was held in presence and participation of the staff of Shariah Control Departments at KFH-Group including Turkey, Bahrain, Malaysia and Kuwait. …

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