20 June 2011
Kuwait Finance House-Bahrain (KFH-Bahrain) announced the signing of an agreement with Saar Central, CAPIVEST's premier real estate project to provide a competitive home financing scheme to their potential home purchasers. The shari'a compliant scheme will provide attractive rates for financing Saar Central villas.

Mr. Khalid Rafea, Executive Manager at KFH - Bahrain commented, "Our shari'a compliant financing schemes are structured in such a way to provide home owners with the maximum flexibility and affordability. I am pleased that through signing this agreement, potential home owners at Saar Central will be able to benefit from the most competitive rates available."

Mr. Mohammed Abdulmalik, CEO of Capivest - owner of Saar Central - said: "We are delighted to have partnered with KFH-Bahrain, offering our purchasers great rates for financing their dream homes. Partnering with one of the most reputable banks in Bahrain will allow us to offer our customers flexible and competitive rates, making Saar Central open to all members of the public wishing to make it their home."

Saar Central, is located in the popular Saar area of Bahrain and offers a mix of 82 high quality villas of varying sizes spread over an area of 65,000 sq m.

-Ends-

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

© Press Release 2011