18.11.2010 - Islamic lender KFH to expand real estate
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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