Kuwait Finance House - Company Profile
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Business Description
Kuwait Finance House (KFH) is an Islamic financial institution that conducts banking, purchase and sale of properties, leasing, project construction for its own account and for third parties, and other trading activities without practicing usury. As of December 31, 2022, it had assets of KWD36,969.4 million, net loans of KWD18,839.7 million, and deposits of KWD22,482.9 million.
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Business Segments
Overview
Offers real estate and commodity Murabaha finance, istisna’a and wakala facilities, and local leasing services to corporates.
Performance
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Overview
Manages direct equity and real estate investments, investments in subsidiaries, joint ventures, and associates, and international leasing. Also includes non-banking entities.
Performance
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Overview
Provides a range of banking services and investment products to individuals and high net worth individuals. Offerings include current accounts, savings accounts, investment deposits, credit cards, debit cards, traveller’s checks, demand draft, foreign exchange, safe deposit boxes, and funds transfers.
Performance
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Overview
Includes Murabaha investments, investment in debt securities, liquidity management, exchange of deposits with financial institutions and banks and international banking relationships.
Performance
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Geographical Segments
Performance
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Performance
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