05.05.2009 - Kuwait Finance House on route to becoming universal Islamic bank
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