Kuwait Finance House-Bahrain (KFH-Bahrain) has signed a Memorandum of Understanding with Applied Science University (ASU) to provide education financing to current and future students.
The signing ceremony was held at KFH-Bahrain's headquarters at the Bahrain World Trade Centre attended by Abdulrahman AlKhan, Head of Cards & E-Channels, and Dr Mohammed Youssif, VP for Administration, Finance and Community Engagement at the Applied Science University.
Dr Youssif said: “This partnership will contribute to facilitating students' enrollment in the academic programmes of the university, as it will push them forward on their educational journey, which will contribute to their development and career growth afterwards.”
KFH-Bahrain’s Education Financing Programme aims to facilitate and support students to pursue their education at prestigious universities and higher education institutions in Bahrain and abroad.
The Shari’a-compliant financing programme comes with an exclusive 2-year profit-accruing grace period and includes financing of up to BD30,000 ($79,257) at low rates.
AlKhan stated: “We continue our efforts to cater to market needs and exceed our customers' expectations by providing them with a superior banking experience. Our partnership with the ASU aims to support students to complete their education from one of the prestigious universities in the kingdom. This step comes in line with our efforts to support the education sector and contribute to the development of future leaders.”-- TradeArabia News Service