KFH joins GBSA

16/05/2017 05:42 AST

Kuwait Finance House (KFH) has announced that it has joined as a member of The Gulf Bond and Sukuk Association (GBSA). KFH is the first and leading Sharia compliant bank in Kuwait and will be the first fully Islamic Financial institution in Kuwait to join GBSA as an active member of GBSA’s Kuwait Chapter.

As a member of GBSA’s leadership community, KFH-Group intends to engage with the regulatory and investment communities to further advance the Sukuk market. KFH has a long track record of achievements in the Sukuk market as it is keen on supporting Sukuk markets in this region and beyond to help sovereigns and corporates access capital markets and diversify their sources of funding.

KFH-Group has expanded its investment in Sukuk and trading in the primary and secondary markets. Being a very active market maker, the group has achieved total Sukuk trading in the secondary Sukuk market amounting $11.4 Billion in the year 2016.

GBSA President Michael Grifferty said, “GBSA is delighted to welcome KFH as a key member.” He continued, “Our market building initiatives will be strengthened by harnessing KFH’s unsurpassed credentials as a global leader in Sukuk and Islamic finance”.


Arab Times

News

KFIC posts 2016 profit of KD 211K

09/04/2017

Kuwait Finance and Investment Company KFIC announced its financial results for the year ended Dec 31, 2016 in which it yielded a net profit of 211 thousand Kuwaiti Dinars at an EPS of 0.70 fils per s

Arab Times

KFH Capital acquires office tower in US for $165mn

29/12/2016

KFH Capital Investment Co, a subsidiary of Kuwait Finance House Group KFH-Group, has announced the successful acquisition of an office tower in New Jersey, USA for $165 mln as part of KFH Capital’s p

Arab Times

KFIC report of the Global and GCC Financial Markets

12/07/2016

Kuwait Finance and Investment Company (KFIC) clarified in its financial report for June; that global equities remained in neutral territory during the quarter as the MSCI World Index closed flat at +

Kuwait Times

Most Viewed Companies

Ticker Price Volume

Valuation

KFIC Sector Market
P/E
Price/BookValue

Top Related Companies

Ticker Price Change
EKHOLDING 294.00 -2.00 (-0.68%)
KPROJ 279.00 -3.00 (-1.07%)
NIND 149.00 0.00 (0.00%)
ALIMTIAZ 125.00 -3.00 (-2.35%)
FACIL 185.00 0.00 (0.00%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap