Kuwait Finance House (KFH) realized total return of 61.2 million Kuwait dinars ($205 million) for the first half of 2003. Returns on shareholder's equity amounted KD 25.9 million, which represents a two percent increase over last years returns, stated a press release.
KFH is an Islamic bank, offering commercial banking, investment, trade finance and real estate financing services. It has thus far invested a total of $1.5 billion outside the gulf emirate of Kuwait, while adhering to Islamic banking principles. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
