KFH-Bahrain private banking offer new products
Kuwait Finance House-Bahrain (KFH-Bahrain) said it is providing a host of banking Shari’a compliant solutions such as the new Call accounts, Investment accounts, namely Murabaha and Wakala. Call accounts provide a solution that combines the benefit of savings and current accounts into one product. The call account calculates the profit on a daily basis and distributes the profits on a monthly basis to investors. Clients can open a call account in Bahraini dinars and/ or US dollars.
Wakala Investment Accounts expands the choice of financial tools available to clients. Wakala Investment Accounts can be opened in Bahraini dinars and/ or US dollars. Profits are distributed to the clients’ accounts on a monthly basis. Wakala Flexi Investment Accounts gives KFH-Bahrain clients the flexibility to withdraw up to 20 % of the investment amount during the investment period. These can be opened in Bahraini dinars and/or US dollars. Profits are distributed to the clients’ accounts on a monthly basis.
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