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Islamic lender KFH to expand real estate

Posted on 18 November 2010

From Gulf-times.com: Kuwait Finance House, the country’s biggest Islamic lender, is looking for real estate investments in southern China and Europe as it seeks to more than double its portfolio, a senior official said.
Kuwait Finance House (KFH) wants to increase global assets under management (AUM) to about $4bn in coming years from $1.5bn with a focus on residential property, Ali al-Ghannam, international real estate department manager, told Reuters. He didn’t give a timeframe……………………………………….Full Article: Source

 
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