Kuwait Finance House Bahrain Wealth Management Department Introducing New Real Estate Investment Opportunities

Press release
Published June 6th, 2018 - 07:21 GMT
Mr. Abdul Razak Jawahery, Executive Manager at KFH-Bahrain , Mr. Rashid Khalid Alkhan as the Head of Wealth Management department
Mr. Abdul Razak Jawahery, Executive Manager at KFH-Bahrain , Mr. Rashid Khalid Alkhan as the Head of Wealth Management department

After more than 2 years since its inauguration, KFH-Bahrain’s Wealth Management Department has celebrated a new achievement and witnessed consistent growth and a surging customer appetite for their innovative wealth management solutions and services.

This new achievement comes in line with the steady growth and development witnessed by the department since it was launched.

Mr. Abdul Razak Jawahery, Executive Manager at KFH-Bahrain explained: “Since we launched our Wealth Management Department over 2 years ago, we have been very successful in benefitting our clients by fulfilling their objectives. We have developed a suite of products and services which are flexible and suit their individual investment needs.”

“This year, KFH-Bahrain will be launching Real Estate investment opportunities for its clients and will maintain its focus to growing the wealth of its customer base and opening up the door to new investment opportunities to support their financial objectives. We are the first Islamic Bank in Bahrain to have a dedicated Wealth Management team of highly experienced professionals who are able to advise and meet the individual demands and financial goals of our client base,” he added.

“Throughout 2016 and until today, our expert Wealth Management team managed to capitalize on the regional opportunities and shifts in capital markets as well as devised niche strategies to manage our clients’ wealth and to provide them with lucrative returns. We are also proud to announce that our Wealth Management strategies have generated very fruitful results in the regional Equity Stock Market and are in line with the clients’ investment expectations,” concluded Mr. Jawahery.

KFH-Bahrain has recently appointed of Mr. Rashid Khalid Alkhan as the Head of Wealth Management department. Mr. Alkhan comes with 15 years of experience with the Bank, where he extensively worked on various alternative investments including real estate developments and international private equity transactions.

A full range of wealth management solutions will be provided inclusive of Current Accounts, Savings Accounts, Mudharaba Unrestricted Accounts, Wakala Accounts, International Murabaha Accounts, Equity and Sukuk that are flexible, diverse and can complement the varying customer requirements and meet their end objectives.

The Bank is also committed to pioneering the growth and development of the local Islamic Finance sector with specialised products and services such as those provided through its Islamic Wealth Management Department.

For more information on the Wealth Management services, please contact us on 77 000 500.

Background Information

Kuwait Finance House - Bahrain

Kuwait Finance House (KFH) is considered a pioneer in the Islamic banking phenomenon known as ”Islamic Finance” or “Sharia’a” compliant banking. Kuwait Finance House (KFH) is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world.

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