The problems are mounting for the largest Sharia-compliant lender in Kuwait. The asset quality and profitability of Kuwait Finance House (KFH) has “materially deteriorated”, the ratings agency Standards & Poor’s (S&P) says. In a note late on Wednesday,

Kuwait Finance House - Bahrain (KFH-Bahrain) announced its support as gold sponsor of the 9th Annual Shari'a Conference, which is taking place on 26 and 27 May 2010 at the Crown Plaza Hotel, Manama, Kingdom of Bahrain. The Conference is held under the

Kuwait Finance House (KFH) began to operate the most advanced money counting machines in Kuwait, which can discover counterfeited banknotes through measures of sound and images, in addition to detecting the main substance used in the Kuwaiti dinar, the

KFH is considering allowing the public to buy and sell gold bars, after that product succeeded in KFH branches in Turkey and Malaysia, since it witnessed high demand from clients and high returns. The Treasury Department Manager, Abdul Wahab Al-Roshoud,

Kuwait Finance House-Group (KFH) is supporting the 7th Islamic Financial Services Board (IFSB) as Platinum Sponsor, which is currently being held at the Ritz Carlton Hotel and Resort Bahrain, during the period 3-5 May 2010. The Central Bank of Bahrain is

Kuwait Finance House (KFH), the country's biggest Islamic lender, on Sunday reported a 21.4 percent fall in first-quarter net profit. Net profit was 30.9 million Kuwaiti dinars ($107 million) in the quarter to March 31, down from 39.3 million dinars in

Kuwait Finance House, the country’s biggest Islamic bank, said first-quarter profit fell 21 percent after setting aside more money for potential bad loans. Net income dropped to 30.9 million dinars ($107 million), or 12.6 fils a share, from 39.3 million