Kuwait Finance House, the country's biggest Islamic lender, has minimal exposure to two companies that are restructuring their debts, a senior official said.

Emad Yousef Al-Monayea, managing director of Liquidity House, a unit of KFH, was speaking at a press conference yesterday.

Saudi Arabia's Saad Group said last week it would restructure its debt after it ran into unspecified difficulties, and the Saudi central bank froze the accounts of its billionaire chairman, Maan Al-Sanea.

Ahmad Hamad Al Gosaibi Group & Brothers is restructuring an unspecified amount of debt. -Reuters