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Islamic Finance Briefing - Categorized | Banking, Emerging Trends, Finance, Market Moves more

Kuwait Finance House on route to becoming universal Islamic bank

Posted on 05 May 2009

From Menafn.com: Kuwait Finance House (KFH), one of the pioneering Islamic financial institutions in the world, is spearheading a global expansion drive which is yet another sign that the Islamic finance market is bouncing back, albeit a bit more cautious and selective.

KFH expansion activities have an impressive reach and range from Saudi Arabia, to Russia, China, Singapore and Australia. The bank now has a global branch network of 175, primarily in Kuwait, Bahrain, Malaysia and Turkey. Perhaps more importantly, the bank has re-entered the US real estate market and is indeed in the process of closing a $250 million multi-family real estate transaction in the Chicago area…….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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