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Kuwait Finance House (KFH)

Kuwait Finance House (KFH), last updated on , is listed under Banks category. It was added to Kuwait Directory Rinnoo.net on .

Pages of Kuwait Finance House (KFH) on Rinnoo.net have achieved 27,516 views till now.

Brief on Kuwait Finance House (KFH)

Kuwait Finance House (KFH) is a pioneer of the banking phenomenon known as Islamic Finance or Shari’a compliant banking. We were the first Islamic bank established in the State of Kuwait and today we are one of the foremost Islamic Financial Institutions in the world.

From its inception in 1977, KFH has grown into a robust banking and financial institution, as well as a leader in the Islamic financial industry. KFH is now a market leader not only in the Islamic banking industry, but also in the banking sector as a whole, providing a wide range of Shari’a compliant products and services covering banking, real estate, trade finance, investment portfolios and corporate, commercial and retail financial markets.

Concept of Islamic Banking
The Islamic Difference

Islamic banking refers to a system of banking, which is consistent with religous law called Shari’a, and guided by Islamic principles on economics. The cornerstone of Islamic banking and finance is fairness and mutually beneficial relationships. We at KFH provide services that exemplify those values.

The main differentiating factors of the Islamic banking system are the sharing of risk and the prohibition of “Riba” (usury/interest). Islamic law prohibits interest based dealings that tend to exploit those in financial need. Instead, transactions based on sharing of risk are promoted as a way of encouraging cooperation for mutual benefit and establishing more equitable terms and fair dealing.
A number of services have been modernized and standardized to meet the various needs of customers, while maintaining the ethical boundaries embodied in the tenets of the Islamic faith. Among these services are:

Murabaha: trade with markup or cost plus sale
Mudaraba: profit sharing agreement
Musharaka: equity participation
Leasing (Ijara Wa Iqtina): renting for beneficial use
Salam and Parallel Salam: deferred sale contracts
Istisna’a and Parallel Istisna’a: project finance
Sukuks: Islamic bonds

Contact Info of Kuwait Finance House (KFH)

Branches of KFH in Kuwait

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Comments on Kuwait Finance House (KFH)

    Arnel M. Victoria
    Hello am Arnel Victoria and working at Yiaco Medical Center for almost 4 years as a Senior Receptionist, Salmiya branch. I would like to ask if i can take a loan from under KFH bank even my original bank is Commercial Bank of Kuwait. Thank you.
    Need help to take a loan.

    Commented on: KFH - Sabhan (Industrial)

  • 3 - inquiry about loan
    Mehmood Shaikh
    Dear sir, i want to take loan from your company .. can you please tell me what are the procedure to take the loan

    Commented on: KFH - Fahaheel (Al-Manshar)

  • 2 - wendieanderson@hotmail.com
    Wendie Anderson
    I have a friend who wants to send a transfer of money to my account. She needs to know your Swift Code? Or should she use your phone number?

    Thank you!

    Commented on: KFH - Hawalli (Al Bahar Center)

  • 1 - New Open Account
    Harish Pawar
    Dear Sir,

    I am planning to open an account in KFH could you pls. tell me what is the procedure to open an new account in KFH and what required documents.

    Job Tittle - Administrator
    Salary - 325KD/- (Without Monthly Deduction)
    Company - Combined Group Contracting Company
    Work Place - Abdally - North Kuwait
    Camp - Old Jahra Block-02 Street No. 8
    Length of Service - Joining date 18th Nov 2015 to till date (1year & 04months)
    Age - 34years (27-09-1982)
    Finance Amount - 6000KD/- (If possible as per my basic salary)
    Present Holding an account in Burgan Bank.

    Note: what is the procedure to open an new account and if I apply for loan what will be the required documents.

    Commented on: KFH - Jahra (Mekhialh)

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