13 May 2012
Kuwait Finance House (KFH) announced that it will be a strategic partner and sponsor the global legal forum in Islamic finance that is organized by International Islamic Center for Reconciliation and Arbitration (IICRA). This step comes as part of KFH's efforts in developing the society and cementing Islamic finance. The forum seeks to achieve vital objectives, such as determining the current challenges facing lawyers, judges, and experts at courts when dealing with Islamic finance products, in order to find suitable mechanism to overcome such challenges.

KFH is keen to take part in such local, regional, and international events that aim to develop Islamic banking and discuss various challenges facing the industry; especially since KFH is a pioneer in this field and has accumulative experience from the past three decades.

It is worth noting that the IICRA is an independent international non-profitable institution that began working in 2007, and has been considered the legal arm of Islamic banking industry. IICRA seeks to settle Islamic finance disputes through reconciliation and arbitration

© Press Release 2012