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Apr 23 2012

KFH wins Best Islamic Bank in Kuwait and Middle East by EmeaFinance

KFH’s AGM for Banking Sector Mohammed Al-Fouzan.
KFH’s AGM for Banking Sector Mohammed Al-Fouzan.

Al-Fouzan: Awards prompt KFH to offer more innovative products
Kuwait Finance House ( KFH ) won Best Bank in Kuwait and Middle East awardfrom EmeaFinance. The agency held annual assessments for best Islamic financial institutions around the globe, where EmeaFinance named KFH as Best Islamic Bank in Kuwait and the Middle East.

KFH 's AGM for Banking Sector Mohammed Al-Fouzan stated that being named as Best Islamic Bank in Kuwait and the region cements KFH 's commitment to offering an innovative bouquet of Islamic products and services in Kuwait and overseas, in order to meet the requirements of corporations and individuals. He went on to say that such awards reflect the role played by KFH in supporting the national economy in all sectors; especially that KFH is keen to assist the national economy in recovering. He added that such awards also reflect KFH 's ability to face its competitors in the Islamic banking field, where KFH managed to increase its market share regarding numerous financial indices. He explained that such achievements prompt KFH to further cement its products and services to maintain its current leading status among Islamic financial institutions, in addition to meeting the growing global demand for Islamic financial products.

Moreover, Al-Fouzan mentioned that KFH shoulders a leading role in Islamic finance sector, and continues to offer companies and individuals Islamic financing solutions to substitute conventional banking services. He said that it is expected that those financial instruments will play a more prominent role in financing development plans in several global markets. He asserted that KFH is committed to developing Islamic banking in Kuwait and the world, in conjunction with other Islamic financial institutions. He added that KFH is also committed to find advanced Islamic banking solutions for its clients and shareholders.

-Ends-

© Press Release 2012

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