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Kuala Lumpur, Malaysia, 23 November 2007- Kuwait Finance House (KFH) Global Research has received the award for the Best Research in Islamic Finance prestigious Master of Islamic Funds Award for 2007 at the fifth annual Islamic Funds World Conference held in Dubai. Baljeet Kaur Grewal, Chief Economist and Head, KFH Global Research received the award on behalf of KFH. The award is an acknowledgement by a panel of industry experts for the high quality and in-depth research.
Dato' K. Salman Younis, the Managing Director of Kuwait Finance House (Malaysia) Berhad, where KFH Global Research is based, says "It is our mission to contribute towards the development of Islamic banking in the region. As an Islamic financial institution, we would make a contribution in our own small way as part of our corporate social responsibility to promote Islamic finance not only in the Middle East but also globally."
Global research provides in-depth analysis to engage in knowledge sharing and value-added culture as a way to advance the Islamic markets. The intensive economics and financial strategy integrates KFH's business that includes global thinking and customised client service.
KFH Global Research has a young team but has matured quickly given the vibrant Islamic finance industry it is in. The award is undeniably an excellent accomplishment. The categories of research which KFH Global Research covers regularly are regional, country, capital market and sectors; for the Malaysian market, KFH Global Research produces a weekly Strategy & Economics report and also the Daily Highlights.
About Kuwait Finance House, Kuwait and Kuwait Finance House (Malaysia) Berhad
Incorporated in the State of Kuwait in 1977, Kuwait Finance House (KFH) is listed on Kuwait Stock Exchange. A market leader in the Islamic banking industry in Kuwait, KFH is engaged in providing Islamic banking services, including consumer banking, real estate financing, lease financing, trade finance, direct investments and portfolio investing, all of which are conducted in strict compliance with Islamic law. KFH has been accorded an upper medium grade (high creditworthiness) investment credit rating of 'A2' by Moody's Investors Service, as well as 'A+' by Standard & Poor's and Capital Intelligence.
Kuwait Finance House (Malaysia) Berhad (KFHMB) is a wholly-owned subsidiary of KFH and was officially opened on 17 February 2006. KFHMB has a paid-up capital of US$200 million. The Rating Agency of Malaysia last year has assigned respective long and short term general ratings of 'AA2' and 'P1' to KFHMB.
Dato' K. Salman Younis, the Managing Director of Kuwait Finance House (Malaysia) Berhad, where KFH Global Research is based, says "It is our mission to contribute towards the development of Islamic banking in the region. As an Islamic financial institution, we would make a contribution in our own small way as part of our corporate social responsibility to promote Islamic finance not only in the Middle East but also globally."
Global research provides in-depth analysis to engage in knowledge sharing and value-added culture as a way to advance the Islamic markets. The intensive economics and financial strategy integrates KFH's business that includes global thinking and customised client service.
KFH Global Research has a young team but has matured quickly given the vibrant Islamic finance industry it is in. The award is undeniably an excellent accomplishment. The categories of research which KFH Global Research covers regularly are regional, country, capital market and sectors; for the Malaysian market, KFH Global Research produces a weekly Strategy & Economics report and also the Daily Highlights.
About Kuwait Finance House, Kuwait and Kuwait Finance House (Malaysia) Berhad
Incorporated in the State of Kuwait in 1977, Kuwait Finance House (KFH) is listed on Kuwait Stock Exchange. A market leader in the Islamic banking industry in Kuwait, KFH is engaged in providing Islamic banking services, including consumer banking, real estate financing, lease financing, trade finance, direct investments and portfolio investing, all of which are conducted in strict compliance with Islamic law. KFH has been accorded an upper medium grade (high creditworthiness) investment credit rating of 'A2' by Moody's Investors Service, as well as 'A+' by Standard & Poor's and Capital Intelligence.
Kuwait Finance House (Malaysia) Berhad (KFHMB) is a wholly-owned subsidiary of KFH and was officially opened on 17 February 2006. KFHMB has a paid-up capital of US$200 million. The Rating Agency of Malaysia last year has assigned respective long and short term general ratings of 'AA2' and 'P1' to KFHMB.
