Manama, Bahrain: Kuwait Finance House – Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has launched a ground-breaking, Shariah-compliant profit accrual grace period of up to six months on all retail financial products. The campaign was proudly announced. This initiative represents a major advance in the field of retail banking and demonstrates KFH’s Bahrain’s dedication to providing unparalleled flexibility and support to customers.
This superior service allows customers to enjoy a unique grace period of up to six months on a range of retail products offered by the bank, including tumweely loans, property loans, social housing supplementary loans and car loans. KFH-Bahrain recognizes the diverse needs of its clients and is dedicated to ensuring financial empowerment through customized solutions. The grace period is designed to provide clients with the necessary relief period to effectively manage their finances.
Hamed Mashal, Executive Manager and Head of Retail Banking at KFH Bahrain, said: “We are committed to understanding the evolving needs of our customers and providing them with the solutions they seek. Benefits: “The increased grace periods we offer are a testament to our dedication to financial inclusion and supporting our valued customer base. This campaign will help our customers overcome their financial challenges. I believe we can overcome this with greater ease and confidence.”
~End~