Kuwait Finance House (KFH) organizes a marketing campaign that targets expatriates through its various profit-sharing (Murabaha) products.
The campaign aims at introducing profit-sharing services along with other services to expatriate customers such as those affiliated with financing, automobiles, furniture, and electronics, Director of profit-sharing at KFH Talal Al-Huneidi said.
Transactions do not require a sponsor or a transfer of salary once they go through the regular legal procedures to facilitate customer's transactions and enables him to enjoy the variety of services that KFH offers, he said.
He added that KFH is targeting a larger customer base through offering different products related to construction and housing.
KFH finances the execution of new houses as well as renovation works with contracts that reach 15 years and with a maximum cost of 70,000 dinars, he said.
As for other products, KFH cooperates with dealers in various sectors to organized joint marketing activities, he noted.
KFH also support transactions affiliated with new and used cars for persons and companies, marine and boating supplies, furniture, electric and electronic appliances through cooperating with specialized dealers, he said.
Commercial profit sharing department at KFH also helps in funding small local companies and institutions, he said, adding that KFH is aiming to expand its operations through opening new commercial exhibitions.
Al-Huneidi said that KFH is organizing training courses for personnel to keep up with market demands and hold sporting and social activities for the staff.

 

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