Kuwait Finance House (KFH) is set to invest US$ 131.6 million through "Baituk fund for Asian real estates" in Pavilion real estate project in Malaysia, which consists of commercial centers and residential and administrative towers, scheduled to be launched by 2007, said the KHF branch in Malaysia Tuesday.
According to Kuna, the administrative member of the branch, Khawajah Muhammad Salman, said that KFH's entrance into Islamic funds helps the creation of investment products in Asia that are suitable for Islamic capital.
