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Islamic Finance Briefing - Categorized | Banking, Performance more

Kuwait Finance House set to return to black

Posted on 07 December 2012

Kuwait Finance House (Malaysia) Bhd (KFH), the first foreign Islamic bank to set up operations in Malaysia, is on track to return to the black for the full year, having registered three straight profitable quarters.
Chief executive officer Datuk Jamelah Jamaluddin said the group looks set to meet its target of a pre-tax profit of at least RM80 million for the full year, after three years of losses. “We just got our third quarter results approved yesterday and we are still in the black,” she said, without revealing details of the results………………………………………..Full Article: Source

 
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