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Kuwait Finance House
Kuwait Finance House (KFH or the Bank) was incorporated in the State of Kuwait in1977, and is listed on the Kuwait Stock Exchange with a market capitalization of US$ 1,950 million as of 31 December 2001. KFH has a an investment grade rating, and has been rated A3 by Moody�s. The Government of Kuwait owns 49% of the equity, and the general public holds the remaining shares. KFH is engaged in providing Islamic banking services, and its spectrum of activities include consumer banking, real estate financing, lease financing, trade finance and portfolio investing, all of which are conducted in strict compliance with Islamic Shari�a. The Bank is the market leader in the Islamic banking industry in Kuwait, and holds an estimated 20% of the total deposit base of the country.During 2002, KFH received a number of regional and international awards, which affirmed the bank�s financial strength, quality of assets, and its status as one of the leading banks in the region. In a study carried out by Gulf Banking Consultants based on 2001 financial performance, KFH was ranked first among 25 Gulf based banks in terms of �economic value�.At the end of 2003, KFH had total assets of over KD 3041 Million, deposits of KD 2300 Million. In 2002, the net profit was KD 58.1 Million.
P.O.Box: 24989, Safat - 13110, Kuwait
Kuwait City
Kuwait
CEO
+965 244-5050
Also listed in:
 Banking & Finance » Banks
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