16 July 2011
Kuwait Finance House (KFH) announced that it has launched competitive promotions tofinance car purchase through leasing, since KFH is keen, through its CarsDepartment, to offer its clients best services and promotions that areconvenient to various client segments seeking to purchase a car.

Acting CarsDepartment Manager Wael Al-Kharraz explained that the cars promotions offerunprecedented privileges, such as takaful insurance, providing the client withanother car is leased car requires over 24 hours of repairing, and having theagent's warranty. He added that KFH client takes advantage of paying a lowmonthly rent, because there is a final payment in order to own the leased car.He revealed that all KFH's car showrooms have various cars that meet allrequirements, but clients can also obtain a price quote for a new car from anycar agents in Kuwait. He stressed that KFH is making great strides in the fieldof car financing through Murabaha, which is reflected in its possession of asignificant market share of this competitive sector. He noted that such asuccess highlights KFH's strategy that is based on meeting clients growingneeds, in addition to making premium Shariah compliant offers that suit allsegments.

Moreover,Al-Kharraz stated that this kind of leasing service is highly demanded, sinceit offers them various financing solutions to their requirements.

-Ends-

© Press Release 2011