Kuwait International Bank Takes Part of Q8 Build

Press release
Published November 10th, 2011 - 12:18 GMT
During the event
During the event

Kuwait International Bank was proud to participate in Q8 Build, which was held at Kuwait International Fair in Mishref between 30th October and 2nd November 2011.

Tareq Al-Aljlan, Marketing Manager at Kuwait International Bank said: “We were honored to have the opportunity to support Q8 Build.  KIB’s participation and sponsorship of this specialized event reflects the Bank’s heritage and was a great opportunity to show its long-term commitment to the building and construction industry”.

 “The building and construction industry will be an essential part of Kuwait’s successful development as an international trading hub and we believe that local banks can play a crucial role in supporting this. In this context, we see our support of Q8 Build as a way of demonstrating this commitment and this was also reflected in the success of the KIB stand at the exhibition, which had many visitors interested in finding out more about the wide range of Shariah-compliant banking products we can offer”.

“Our support for Q8 Build is also in line with KIB’s broader program of seeking to provide support to all parts of Kuwait’s business community and society.”  

KIB has a clear strategy to strengthen its relations with excising and potential customers through participating and sponsoring events and initiatives which contribute to the wellbeing and prosperity of Kuwait’s community. 

Background Information

Kuwait International Bank

KIB a bank that operates according to the Islamic Shari’ah from 1st of July 2007, is a public quoted company.  It was incorporated in 1973 and was originally known as the Kuwait Real Estate Bank. 
As an Islamic bank, KIB’s business covers all banking services including Acceptance of Deposits, Financing Transactions, Direct Investment, Murabaha (auto, real estate and commodities), Ijara Muntahia Bittamleek (Lease-to-own) , Istisna’a, Tawarruq, Credit Cards, Wakala and other products. Corporate projects and finance, Treasury Services, Issuing Letters of Credit (L/Cs), Letter of Guarantee (L/Gs) and Real Estate Dealings and Management of Properties.

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