Kuwait Finance House business logo picture

Kuwait Finance House


Background
Claim business

Kuwait Finance House (Malaysia) Berhad (KFH Malaysia) is the first foreign Islamic bank that was granted a licence under the Islamic Banking Act (Malaysia) 1983 on 8 May 2005. KFH Malaysia commenced Branch Operations on 8 August 2005. A wholly-owned subsidiary of KFH, the move to set up an office in Malaysia was on the heels of Bank Negara Malaysia's (BNM's) decision to open up the country's Islamic banking industry to qualified foreign players as recommended under its Financial Sector Master Plan. As the regional headquarters of KFH in the Asia-Pacific region, our main role is to provide innovative Shariah-based financial solutions to our customers. In addition, we act as the intermediary and facilitator to promote two-way investments and trade between Malaysia, Asia-Pacific and the Middle East. Our wholly-owned subsidiary, Kuwait Finance House (Labuan) Berhad is licenced to carry on offshore banking business in the Federal Territory of Labuan.

We offer a complete range of Shariah-based financial products and services under Corporate and Investment, Commercial, and Retail and Consumer Banking as well as Treasury and International Business. In addition, we have established KFH Asset Management Sdn Bhd to provide asset and fund management activities, encompassing private equity, alternative investments and unit trusts.


Service /Price Details

Products:

  • Consumer
  • Commercial
  • Corporate
  • Online Banking
Reviewer profile
4.4
  • Experienced
  • Friendly
  • Attractive Rate
  • Waiting Time
The saving rate for Kuwait Finance House in Basic saving account ( Up to RM500,000 ) is 1.25%, above the 0.98% rate in bank average.
by
Reviewer profile
4.4
  • Experienced
  • Friendly
  • Attractive Rate
  • Waiting Time
The saving rate for Kuwait Finance House in Current account ( Up to RM100,000 ) is 1.25%, above the 1.06% rate in bank average.
by