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Dec 14 2011

KFH-Bahrain commences with handover of Ishbiliya Village villas

KFH-Bahrain commences with handover of Ishbiliya Village villas

Al Enma'a House, a subsidiary of Kuwait Finance House - Bahrain ( KFH-Bahrain ) andin partnership with Al Enma'a House Real Estate Kuwait, today announced the officialstart of the handover of residential Villas at IshbiliyaVillage, the premier residential developmenttargeted for the middle income market.


Homeowners received the keys to their new homes from Mr.Abdulhakeem Alkhayyat, ManagingDirector and CEO of KFH-Bahrain , in a ceremony attended by VIP's, dignitariesand senior officials from the Bank and Al Enma'a House. Commenting on thehandover, Mr. Alkhayyat said, "It gives me great pleasure to welcome thevilla owners and their families to Ishbiliya Village.Even though it has been a challenging year, our steadfast dedications, alongwith the willingness of all parties involved in the project to remaincommitted, have ensured that milestones have continued to be met."

Phase One of Ishbiliya Village is alreadycomplete, offering 243 high quality homes that start from BD 135,300 and vary accordingto size. At the heart of Phase Two is the Community Centre. Home owners willbenefit from high class commercial outlets and leisure facilities within amodern infrastructure that includes a nursery, playground and other amenities thatare needed to create a real community.

Mr.Alkhayyat added, "The communal facilities at IshbiliyaVillage are designed specifically to encourage a realsense of 'community spirit' within a safe and secure environment. This HandoverCeremony affirms our strong commitment to deliver world-class communities andsolidifies our status as a key developer and financer in the region."

KFH-Bahrainis offering potential home buyer's unique Shari'acompliant home finance packages with competitive profit rates andflexible repayment terms that suite the individual's budget, without the need of salary transfer. The finance packages reflect KFH-Bahrain 's commitment towards its clients to help them realise a vision ofowning a home of their choice within an environment they prefer.

"Iwould like to invite everyone to visit the model villas at Ishbiliya Village toexperience the high quality finishing of the project and the various architecturaldesigns that cater for different tastes and financial capabilities", he concluded.

-Ends-

About Kuwait Finance House, Bahrain

Kuwait Finance House-Bahrain is a leading provider of Islamic commercial and investmentbanking services. Established in 2002 as a wholly owned subsidiary of KuwaitFinance House (Kuwait) -- an industry leader for more than 30 years -- KFH-Bahrain specializes in developing and bringing to market the highestquality Islamic compliant banking and investment products, all of which aredelivered by a staff of experienced and dedicated professionals with a deepunderstanding of the market and the clients we serve.

© Press Release 2011

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