Kuala Lumpur, 2 September 2010 -
Kuwait Finance House (Malaysia) Berhad (KFHMB), the first foreign Islamic bank in the country, has launched the KFH personal Financing-i Hajj and Umrah today. The unique product has been designed for Muslim customers to facilitate their pilgrimages to the holy cities of Makkah and Madinah.
Explaining the initiative, puan Jamelah Jamaluddin, Chief Executive Officer of KFHMB said, "The KFH personal Financing-i Hajj and Umrah reinforces the Bank's commitment as a provider and innovator of financial products that uphold Shariah principles. We would like to make it more convenient for
Muslims to realise their dream of visiting the House of Allah, and fulfilling the fifth pillar of Islam. The initiative is also in line with the Bank's role as a socially-responsible corporate organisation and in helping the Ummah. KFHMB will collaborate with reputable partners to enable customers and their immediate family members to perform their pilgrimages at reasonable prices."
The KFH personal Financing-i Hajj and Umrah package offers attractive rates and financing options to cater to different needs. A high maximum financing limit of RM100,000 will enable customers and their immediate family members to perform the pilgrimage with options to include Takaful premium and personal expenditure in the financing amount. End-to-end Shariah-based Takaful products and services will be provided at competitive rates by our reputable Takaful partners.
Developing the Shariah-based personal financing facility is consistent with the Bank's aim to reach out to consumers and the general public. The Bank plans to further grow its retail
business to complement its present business offerings, in conjunction with the Fifth Anniversary of KFHMB in Malaysia this year.
-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, KFH-Malaysia has a paid-up capital of USD650 million and USD100 million in Tier II capital. For further information on the products and services, please contact the Customer Service Centre at +603 2056 7777 or log onto the website at www.kfh.com.my.
For media enquiries, please contact:
Raja Zamilia Raja Dato' Seri Mansur
Head, Corporate Communications
Kuwait Finance House (Malaysia) Berhad
DL: +603 2055 7898
Fax: +603 2055 7815
Mobile: +6019- 286 2944
E-mail: raja.zamilia@kfh.com.my
Hajjah Rumaizah Dato' Abu Bakar
Head, Media Relations & Communications
Kuwait Finance House (Malaysia) Berhad
DL: +603 2054 7550
Mobile: +6012-6876300
Fax: +603 2055 7815
Email: rumaizah.abubakar@kfh.com.my
© press Release 2010
