Sukuk.me is a global provider of Sukuk information and Sukuk market data. About Sukuk.me

  
   Sukuk.me Home Page
Sponsored By Siraj Capital
alJazeera Jobs – Expatriate Jobs in Dubai, Qatar, Saudi Arabia, Kuwait, Oman and Bahrain.     Find your job:   in:  
Direct access to top expatriate jobs in the Gulf with alJazeera Jobs
Quadruple your chance of landing your tax-free Gulf Job - Sign Up Now!

KFH: First Foreign Bank at KL City Air Terminal -KL Sentral

12/05/2010 09:06:55 AM GMT   Comments ()     Add a comment     Print     E-mail
 Related Stories
Kuwait Finance House (Malaysia) Berhad Reduces BFR by 40 Basis Points
Kuwait Finance House (Malaysia) Berhad Unveils First Branch in Kuching and East Malaysia
Markaz Fixed Income Report on Islamic Finance
Kuwait Finance House to grow retail banking business
Kuwait Finance House is First Foreign Bank to Make a Debut at LCC Terminal-KLIA

Kuala Lumpur, 11 May 2010. Kuwait Finance House (Malaysia) Berhad (KFHMB), marks another milestone by being the first foreign bank to establish a presence with the opening of a Bureau de Change (BDC) or Currency Exchange at the KL City Air Terminal (KL CAT) in KL Sentral. A small ribbon-cutting ceremony was held on 30 April 2010, to commemorate the opening of the third BDC outlet for the Bank. The ceremony was conducted by Mr. Shaheen AlGhanem, Chairman, KFHMB and witnessed by Mr. Abdul Wahab Al Rushood, Board Member, KFHMB, puan Noormah Mohd Noor, Chief Executive Officer, Express Rail Link Sdn Bhd, and puan Jamelah Jamaluddin, Chief Executive Officer, KFHMB.

In her speech, puan Jamelah Jamaluddin elaborated, "Being the first foreign and Islamic financial institution to set up a Bureau De Change at KL Sentral Station, we recognise the great potential in being here. With KL Sentral Station being the focal point for both the business and leisure traveler, our expansion into this location, is in line with our commitment to reach out to our customers."

The other BDC outlets are located at the International Arrival Hall, LCC-Terminal (LCCT) at KLIA, which opened on 1 April 2010 and The pavilion Kuala Lumpur. The BDC at LCCT Terminal- KLIA has since 1 April, recorded approximately 6,000 transactions in less than a month of its operations.

In congratulating the Management of KFHMB, puan Noormah, Chief Executive Officer of Express Rail Link Sdn Bhd stated, "As the KL City Air Terminal is also known as KL's "airport in the city," KFH can now proudly claim to offer Currency Exchange services in two airports in KL! With the growing influx of guests from the Middle East, the addition of KFH also gives them assurance and comfort of a familiar pand in financial services. This adds value to KL CAT in a manner that cannot be quantified, but is greatly appreciated."

Earlier the same day, KFHMB had launched the first Shariah-based Gold Account in Malaysia, the KFH Gold Account-i. Since the Soft Launch on 9 Fepuary 2010, the Bank has to-date received a very encouraging response with RM1.25 million and transactions of 9.9 kilogrammes of gold.

- Ends -

About Kuwait Finance House (Malaysia) Berhad

Kuwait Finance House (Malaysia) Berhad (KFHMB) commenced operations on 8 August 2005 and is a wholly-owned subsidiary of Kuwait Finance House K.S.C. (KFH). A full-fledged Islamic bank, KFHMB has a paid-up capital of USD650 million and USD100 million in Tier II capital. KFHMB is the regional headquarters of Kuwait Finance House in the Asiap-acific, and has seven panches in Malaysia. For further information on the products and services, please contact the Customer Service Centre at +603 2056 7777 or log into the website at www.kfh.com.my.

For media enquiries, please contact:

Raja Zamilia R. Dato' Seri Mansur,

Head, Corporate Communications.

Kuwait Finance House (Malaysia) Berhad

DL : +603 2055 7898

Mobile : +6019- 286 2944

Fax : +603 2055 7815

E-mail : raja.zamilia@kfh.com.my

© press Release 2010

Source: Bing
    Home  |  News  |  Market Data  |  About Sukuk.me  |  Contact Us  |  Login / Register 
© 2008 SUKUK HOLDINGS LTD. ALL RIGHTS RESERVED.  Privacy Policy  |  Sitemap |  Advertise 
The content of this website does not constitute advice or a recommendation and should not be relied upon in making any decision relating to investments or any other matter. You should obtain professional advice before exercising any investment decisions or choices based on information featured in this website. In no event shall Sukuk.me be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the Sukuk.me website or the information contained in it.

Sukuk.me is a global provider of Sukuk information and Sukuk market data.

 Regional Sites

Regions Most Popular

- Al Arabiya Digital
- alJazeera Magazine

Islamic

- Islam Online
- Muslims
- Muslim Heritage
- 1001 Inventions

Gulf Jobs

- Saudi Arabia Jobs
- Qatar Jobs
- Abu Dhabi, UAE Jobs
- Kuwait Jobs
- Bahrain Jobs
- Oman Jobs

Regional News

- The National
- Qatar Morning Post
- Al Hayat
- Daily Bahrain
- Arab News
- Daily Saudi
- Emirate Times
- Saudi Arabia Telegraph
- Saudi Arabia Herlad
- Emirates Tribune

Business

- Sukuk
- Islamic Finance
- alJazeera Capital
- Middle East Business
- Al Arabiya Forex
- Emirates Finance Network
- Middle East Education

Middle East Vacancies

- Jobs in Saudi Arabia
- Jobs in Qatar
- Jobs in Abu Dhabi, UAE
- Jobs in Kuwait
- Jobs in Bahrain
- Jobs in Oman

Regional Property

- Dubai Property
- Dubai Property Rental
- Dubai Properties for Sale
- International Property Sales

Regional Marketing

- Marketing in Middle East
- UAE Marketing
- Qatar Advertising
- Kuwait Marketing
- Oman Advertising
- Bahrain Marketing
- Saudi Arabia Advertising
- Dubai Advertising