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Islamic finance sees solid growthInternational Islamic Financial Market (IIFM) is making progress across a wide range of Sharia products issued, said experts at its 27th board meeting hosted by Kuwait Finance House - Bahrain (KFH-Bahrain) in Manama. The meeting w More… |
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KFH-Bahrain sponsors Islamic banking summitKuwait Finance House – Bahrain (KFH-Bahrain) has announced that it is supporting the ongoing 19th Annual World Islamic Banking Conference (WIBC) in Bahrain as a Gold Strategic Partner. The conference is being held at the Gul More… |
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KFH eyes 20pc capital hikeKuwait Finance House (KFH), the Gulf state's largest Islamic lender, will recommend a 20 percent capital hike to shareholders, the company said in a bourse filing on Tuesday, which will help boost capital ratios and fund ex More… |
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KFH names new chairman to replace Al-NafisiKuwait Finance House (KFH), the Gulf state's largest Islamic lender, appointed veteran board member Mohammed Al-Khodairi as its new chairman, replacing Sameer Al-Nafisi who has resigned, KFH said in a bourse statement. More… |
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Menatelecom launches Net packagesMenatelecom, a Bahrain-based telecommunications operator and a wholly-owned subsidiary of Kuwait Finance House (Bahrain), has launched its latest bouquet of residential broadband packages. The offering includes new packages that o More… |
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'University village' planned in BahrainA new “University Village” housing several academic institutes will be established in Bahrain by leading Islamic bank Kuwait Finance House. KFH chief executive officer Abdulhakim Alkhayyat revealed details of the plan as he briefed Deputy More… |
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Kuwait Finance House Q1 profit falls 11.5pcKuwait Finance House (KFH) , the country's biggest Islamic lender, reported on Thursday an 11.5 per cent decrease in first-quarter net profit, missing analysts estimates. Net profit fell to KD20 million ($72 million) from 22.6 million More… |
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KFH Turkish unit plans lira sukuk this yearKuwait Finance House's Turkish bank Kuveyt Turk, which issued a $350 million sukuk last year, may issue a lira sukuk in Turkey this year, Murat Cetinkaya, Kuveyt Turk deputy chief executive, told Reuters. 'This year a lira sukuk i More… |
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Kuwait Finance House 2011 profit drops 24pcKuwait Finance House (KFH), the country's largest Islamic bank, said on Wednesday its profit fell by 24 per cent in 2011, as the lender put aside money to meet investment losses. Profit for the year fell to KD80.3 million ($289 million) f More… |
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KFH makes $96m profit from Saudi exitThe Saudi unit of Kuwait Finance House, the Gulf state's largest Islamic bank, made a 360 million riyals ($96 million) profit from the sale of a real estate project in the kingdom, the bank said. KFH sold the project for 1.5 billion riyals More… |
