Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Omani bourse extends rally as financial sector leads
- CBO issues treasury bills worth OMR26.250 million
- Closing Bell: Saudi main index sheds points to settle at 12,109.94
- Annual trade between Qatar and Jordan hits $248m
- Saudi Arabia, Japan strengthen investment ties with strategic MoU
- Saudi banking sector boosted by flurry of debt, sukuk issuances
- Ministry of Commerce issues decision on principles of governance for closed joint-stock companies
- Madayn's cumulative investment volume up by OMR1 billion in 5 years
- Aldar raises $2.45bn in sustainability-linked credit facility
- Why should UAE investors remain bullish on crypto market in 2025?
16/05/2017 05:42 AST
Kuwait Finance House (KFH) has announced that it has joined as a member of The Gulf Bond and Sukuk Association (GBSA). KFH is the first and leading Sharia compliant bank in Kuwait and will be the first fully Islamic Financial institution in Kuwait to join GBSA as an active member of GBSA's Kuwait Chapter.
As a member of GBSA's leadership community, KFH-Group intends to engage with the regulatory and investment communities to further advance the Sukuk market. KFH has a long track record of achievements in the Sukuk market as it is keen on supporting Sukuk markets in this region and beyond to help sovereigns and corporates access capital markets and diversify their sources of funding.
KFH-Group has expanded its investment in Sukuk and trading in the primary and secondary markets. Being a very active market maker, the group has achieved total Sukuk trading in the secondary Sukuk market amounting $11.4 Billion in the year 2016.
GBSA President Michael Grifferty said, "GBSA is delighted to welcome KFH as a key member." He continued, "Our market building initiatives will be strengthened by harnessing KFH's unsurpassed credentials as a global leader in Sukuk and Islamic finance".
Arab Times
09/04/2017
Kuwait Finance and Investment Company KFIC announced its financial results for the year ended Dec 31, 2016 in which it yielded a net profit of 211 thousand Kuwaiti Dinars at an EPS of 0.70 fils per s
Arab Times
29/12/2016
KFH Capital Investment Co, a subsidiary of Kuwait Finance House Group KFH-Group, has announced the successful acquisition of an office tower in New Jersey, USA for $165 mln as part of KFH Capital's p
Arab Times
12/07/2016
Kuwait Finance and Investment Company (KFIC) clarified in its financial report for June; that global equities remained in neutral territory during the quarter as the MSCI World Index closed flat at +
Kuwait Times
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.