Kuwait Finance House (Bahrain) B.S.C. Personal Loan in Manama
|Minimum Salary needed||Not mentioned|
|Maximum amount available||BD100,000|
|Length of Loan||7 years|
|Profit Rate||Not mentioned|
|Upfront Fees ( if any )||Not mentioned|
|Main Features||An Islamic Shari’a compliant tawarruq facility; Tamweely Personal Financing is available to salaried individuals; All nationalities are eligible to apply;|
Kuwait Finance House (Bahrain) B.S.C.
Kuwait Finance House (KFH) was established in the year 1977 in Kuwait.It is the first bank to operate in line with the Islamic Shariah law. KFH is a listed company in on the Kuwait stock exchange and it has a market capitalization of KWD 2.7 billion as at 2008.
The bank has been awarded as the Best Islamic Bank in the world from CPI Financial institution for the year 2014.
KFH offers Islamic Shariah compliant products and services, covering banking, real estate, trade finance, investment portfolios, among other products and services.
KFH has expanded its local branch network to 52 branches.
Manama is the throne and principal commercial center for the Kingdom of Bahrain. The city’s population now stands at 157,000 inhabitants. Manama is an iconic and historical trading center in the Gulf region.
The kingdom of Bahrain wrestled its independence from the oppression of foreign powers (and in particular those from Portugal, Arabia and Oman) in the 19th century.
Following Bahrain’s independence from its colonial masters, Manama has continued to enjoy stable growth and has ended up becoming a preferred investor den in Bahrain and the Middle East as a whole. Because of oil-related riches, Manama’s economic might has grown steadily, with elaborate diversification strategies that are remolding its industries.
At Kuwait finance house (Bahrain) we value and believe in the power of your dreams. You do the dreaming while we facilitate your dreams into reality through our friendly and custom-made personal loans.
Unique features and benefits:
- Bigger financing amounts of up to available BD 100,000;
- Longer and flexible repayment periods of up to 7 years;
- Very friendly profit rates ;and
- It is a solution that is tailored and structured around compliance with Shariah law.
Eligibility and basic requirements:
- Personal financing is available to salaried persons;
- All individuals from any country are eligible to apply;