Solutions for education, marriage, projects and retirement

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KUWAIT: Kuwait Finance House (KFH) has launched a new marketing campaign dedicated for the long term saving and investment plans as part of the bank's continuing effort to cater for customers' banking needs and future aspirations, yet to educate them on the benefits of those plans that encompass 'Jameati' for education, 'Rafaa' for marriage, 'Enjaz' for youths' projects, and 'Themar' for retirement.

The investment plans are flexible with high investment returns, not to mention are characterized by having Takaful insurance coverage during the investment period.

The campaign that has been launched on eve of the New Year affirms KFH's keenness to address customers' banking and investment needs, while reflects its endeavors to cope with their future aspirations by offering them products and services in line with international standards of quality.

It is worth noting that the client targets a sum of money that he wishes to collect in the future, and through an organized plan, this sum of money is saved during a specific timeframe over monthly installments. Accumulative sums of money are invested, and clients receive annual investment profits.

"Jameati" Higher Education Investment Plan is designed for university education purposes. The saving period ranges between 4 to 18 years, and the targeted saving amount ranges between KD 4,000 to KD 120,000.

"Rafaa" Marriage Investment Plan is designed for children to help them cover the expenses of their marriage. The target saving amount ranges between KD 5,000 to KD 120,000. The saving period ranges between 4 years to 25 years.

"Injaz" Flexible Investment Plan is designed for customers to achieve their personal plans and dreams. The targeted saving amount ranges between KD 4,000 to KD 120,000. The saving period ranges between 2 to 15 years.

"Thimar" Retirement Investment Plan is designed for customers to help them enjoy a comfortable retirement period worthy of their life achievements. The targeted saving amount ranges between KD 5,000 to KD 120,000. The Saving period ranges between 5 years to 39 years.

Upon completion of the saving period, the targeted saving amount and the accumulated profits during the investment period will be available to customers in the four investment plans.

KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 446 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan, and Dubai.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.