Kuwait Finance House - Bahrain – Arabian Business Directory
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Abdulhakeem Yaqoob Alkhayyat

Managing Director & CEO

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Faruq Silveira

Corporate Communications Manager

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KFH –Bahrain joins ‘Skiplino’ application

Kuwait Finance House Bahrain has announced joining the Skiplino application. The app allows the bank s customers to remotely make appointments via their smartphones doing away with the need to queue up and wait at any branch. This step comes as part of the Bank s endeavours towards digital transformation and use of modern technologies. Commenting on this the Bank s Managing Director &CEO Abdulhakeem Al Khayyat said: Launching this service is a part of the Bank s strategy to utilise the latest fintech technologies promote digital services and modernise technological tools including artificial intelligence to develop banking services meet aspiration s of customers and maintain our pioneering role in all fields. Skiplino is a modern and smart application that meets the requirements and needs of all customers whereby customers can reserve appointments and view the same electronically. Alkhayyat further pointed out that the enrollment in the Skiplino App demonstrates our constant endeavour to provide best electronic services to allow our clients to easily complete their banking transactions from their homes particularly under such extraordinary circumstances. . He also urged clients to use digital channels without the need to visit the bank s branches in line with the measures introduced by Bahrain s National Taskforce for Combating the Coronavirus (COVID-19). The founder and CEO of Skiplino Zaman Abdul Hameed said that he looks forward to cooperate with KFH-Bahrain in improving the Bank s customer experience. He said: We look forward to facilitate transactions of customers by providing a modern mechanism to reserve their turn in the waiting queues according to their time; while at the same time assisting institutions to obtain accurate statistics that enable them to take the appropriate administrative decisions with respect to distributing customer service staff to meet the needs of its customers. KFH is regarded as a pioneering institution in the field of digital transformation; hence its cooperation with Skiplino falls within the context of continual endeavours to improve its services. The cooperation between KFH-Bahrain and Skiplino to implement this system underscores KFH-Bahrain its ongoing endeavours to develop modern technologies provide new solutions that aim to promote efficiency and improve customer service by introducing new services and features that are in line with its strategy to utilise technology in all aspects of its undertakings and the various businesses. It is worth mentioning that Skiplino is one of KISP Ventures which is an affiliate of KFH-Capital Investments. The application is currently available free of charge on the Apple App Store and Google Play Store and a new version of the application with improved features will be launched to enhance its services. -- Tradearabia News Service

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KFH–Bahrain defers payment of installments without charges for six months to all Bahraini and resident clients with no exception to ease their financial burden.

Kuwait Finance House Bahrain a leading Islamic bank and major contributor to the development of Bahrain s Islamic financial services sector has announced postponing the personal financing installments for all Bahrainis and residents individual clients and corporates for six months starting from March without any additional fees or profits. This decision is in line with the instructions of the leadership and the Central Bank of Bahrain s initiatives which urged all banks and microfinance institutions in Bahrain to defer collecting financing installments from the clients. Commenting on this decision Mr. Abdulhakeem Alkhayyat Managing Director and CEO of Kuwait Finance House Bahrain said: This initiative stems out of our responsibility to the community under this exceptional circumstance and augments the efforts spearheaded by the Government of the Kingdom of Bahrain through the CBB to help all our clients. . Alkhayyat added: As part of the national campaign to combat COVID-19 we urge all our clients to use our digital channel KFH JAZEEL banking mobile application to carry out all their banking transactions without having to visit KFH branches. Should any client face any difficulty our Call Center agents will be available to assist. KFH Bahrain wishes all citizens and residents of the Kingdom of Bahrain continued safety and wellbeing and pray to Allah Almighty to help the Kingdom and the world to overcome this challenge quickly with the ongoing efforts to control the spread of this virus.

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KFH-B Wins Four Prestigious Awards

Kuwait Finance House-Bahrain a leading Islamic bank in the kingdom emerged as the winner of four prestigious awards from the Banker Middle East Product Awards 2019. They were in the categories of Best Islamic Retail Banking Services (Bahrain) Best Customer Service Corporate/Investment Banking (Bahrain) and the Best Banking Services (Bahrain). It was named Best User-Experience Innovator for Jazeel Banking mobile application as well as other initiatives as part of the prestigious Banker Middle East Awards 2019. KFH has previously won three prestigious awards from the Banker Middle East Product Awards 2019 in three categories Best Islamic Retail Banking Services (Bahrain) Best Customer Service Corporate/Investment Banking (Bahrain) and Best Banking Services (Bahrain). Commenting on the occasion KFH-Bahrain managing director and chief executive Abdulhakeem AlKhayyat revealed The bank continues to improve the services in the Islamic banking industry by keeping up with the latest industry trends and continuing to provide innovative banking products and services. Achieving these awards are a result of the successful initiatives launched by the bank and reaffirms our unwavering commitment to meet the needs of our valued customers as we strive to improve our products and services that we offer to our clients. In 2019 the bank was also awarded Global Business Outlook s Best Use of Technology in FinTech Solutions award in the banking category for the bank s mobile application KFH Jazeel Banking and Best Islamic Bank in Bahrain by the internationally acclaimed EMEA Finance. In addition the bank won two awards from the AVA Digital Awards ; emerging as Golden winners for Best Cinematography and Platinum winners for the Best Video Production . KFH also obtained ISO certifications for both information security management system and business continuity management system. For the past 12 years the Banker Middle East Award provides a vital platform to celebrate the highest achievers and most successful financial products and services as well as highlight the latest technologies and innovations which were selected according to a complex methodology and panel of judges comprised of experts in the industry.

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KFH named best Islamic retail bank Bahrain 2019

Kuwait Finance House-Bahrain (KFH-Bahrain) has emerged as the winner of the Best Islamic Retail Bank Bahrain 2019 from Global Banking and Finance Review. The award recognises the bank s outstanding performance and achievements in development of unique products and services continued investment in technology commitment to promoting awareness and practice of Islamic banking as well as a positive impact on the community through strong CSR. KFH-Bahrain managing director and chief executive Abdulhakeem Al Khayyat said This prestigious award comes as a result of our employees continuous hard work and efforts to offer innovative banking products and services which further enhances our position as a leader in the Islamic banking industry. KFH-Bahrain is one of the most developed and successful banks in the field of innovation leading to the growth of banking technology across the region as it provides innovative Sharia-compliant products and services which are more convenient to customers and responsive to market trends thus increasing its competitiveness Mr Al Khayyat added.

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KFH Bahrain presents BD200,000 cheque to Crown Prince’s International Scholarship Programme

A BD200 000 cheque has been presented to the Crown Prince s International Scholarship Programme (CPISP) by Kuwait Finance House Bahrain (KFH Bahrain). Crown Prince s Court adviser for political and economic affairs and head of the CPISP financial and administrative committee Shaikh Mohammed bin Essa Al Khalifa received the cheque from KFH-Bahrain managing director and chief executive Abdulhakeem Al Khayyat. The CPISP programme funds overseas higher education for outstanding Bahraini students who pass a rigorous qualifying process that has already started.

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KFH –Bahrain joins ‘Skiplino’ application

Kuwait Finance House Bahrain has announced joining the Skiplino application. The app allows the bank s customers to remotely make appointments via their smartphones doing away with the need to queue up and wait at any branch. This step comes as part of the Bank s endeavours towards digital transformation and use of modern technologies. Commenting on this the Bank s Managing Director &CEO Abdulhakeem Al Khayyat said: Launching this service is a part of the Bank s strategy to utilise the latest fintech technologies promote digital services and modernise technological tools including artificial intelligence to develop banking services meet aspiration s of customers and maintain our pioneering role in all fields. Skiplino is a modern and smart application that meets the requirements and needs of all customers whereby customers can reserve appointments and view the same electronically. Alkhayyat further pointed out that the enrollment in the Skiplino App demonstrates our constant endeavour to provide best electronic services to allow our clients to easily complete their banking transactions from their homes particularly under such extraordinary circumstances. . He also urged clients to use digital channels without the need to visit the bank s branches in line with the measures introduced by Bahrain s National Taskforce for Combating the Coronavirus (COVID-19). The founder and CEO of Skiplino Zaman Abdul Hameed said that he looks forward to cooperate with KFH-Bahrain in improving the Bank s customer experience. He said: We look forward to facilitate transactions of customers by providing a modern mechanism to reserve their turn in the waiting queues according to their time; while at the same time assisting institutions to obtain accurate statistics that enable them to take the appropriate administrative decisions with respect to distributing customer service staff to meet the needs of its customers. KFH is regarded as a pioneering institution in the field of digital transformation; hence its cooperation with Skiplino falls within the context of continual endeavours to improve its services. The cooperation between KFH-Bahrain and Skiplino to implement this system underscores KFH-Bahrain its ongoing endeavours to develop modern technologies provide new solutions that aim to promote efficiency and improve customer service by introducing new services and features that are in line with its strategy to utilise technology in all aspects of its undertakings and the various businesses. It is worth mentioning that Skiplino is one of KISP Ventures which is an affiliate of KFH-Capital Investments. The application is currently available free of charge on the Apple App Store and Google Play Store and a new version of the application with improved features will be launched to enhance its services. -- Tradearabia News Service

Read More
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KFH–Bahrain defers payment of installments without charges for six months to all Bahraini and resident clients with no exception to ease their financial burden.

Kuwait Finance House Bahrain a leading Islamic bank and major contributor to the development of Bahrain s Islamic financial services sector has announced postponing the personal financing installments for all Bahrainis and residents individual clients and corporates for six months starting from March without any additional fees or profits. This decision is in line with the instructions of the leadership and the Central Bank of Bahrain s initiatives which urged all banks and microfinance institutions in Bahrain to defer collecting financing installments from the clients. Commenting on this decision Mr. Abdulhakeem Alkhayyat Managing Director and CEO of Kuwait Finance House Bahrain said: This initiative stems out of our responsibility to the community under this exceptional circumstance and augments the efforts spearheaded by the Government of the Kingdom of Bahrain through the CBB to help all our clients. . Alkhayyat added: As part of the national campaign to combat COVID-19 we urge all our clients to use our digital channel KFH JAZEEL banking mobile application to carry out all their banking transactions without having to visit KFH branches. Should any client face any difficulty our Call Center agents will be available to assist. KFH Bahrain wishes all citizens and residents of the Kingdom of Bahrain continued safety and wellbeing and pray to Allah Almighty to help the Kingdom and the world to overcome this challenge quickly with the ongoing efforts to control the spread of this virus.

Read More
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KFH-B Wins Four Prestigious Awards

Kuwait Finance House-Bahrain a leading Islamic bank in the kingdom emerged as the winner of four prestigious awards from the Banker Middle East Product Awards 2019. They were in the categories of Best Islamic Retail Banking Services (Bahrain) Best Customer Service Corporate/Investment Banking (Bahrain) and the Best Banking Services (Bahrain). It was named Best User-Experience Innovator for Jazeel Banking mobile application as well as other initiatives as part of the prestigious Banker Middle East Awards 2019. KFH has previously won three prestigious awards from the Banker Middle East Product Awards 2019 in three categories Best Islamic Retail Banking Services (Bahrain) Best Customer Service Corporate/Investment Banking (Bahrain) and Best Banking Services (Bahrain). Commenting on the occasion KFH-Bahrain managing director and chief executive Abdulhakeem AlKhayyat revealed The bank continues to improve the services in the Islamic banking industry by keeping up with the latest industry trends and continuing to provide innovative banking products and services. Achieving these awards are a result of the successful initiatives launched by the bank and reaffirms our unwavering commitment to meet the needs of our valued customers as we strive to improve our products and services that we offer to our clients. In 2019 the bank was also awarded Global Business Outlook s Best Use of Technology in FinTech Solutions award in the banking category for the bank s mobile application KFH Jazeel Banking and Best Islamic Bank in Bahrain by the internationally acclaimed EMEA Finance. In addition the bank won two awards from the AVA Digital Awards ; emerging as Golden winners for Best Cinematography and Platinum winners for the Best Video Production . KFH also obtained ISO certifications for both information security management system and business continuity management system. For the past 12 years the Banker Middle East Award provides a vital platform to celebrate the highest achievers and most successful financial products and services as well as highlight the latest technologies and innovations which were selected according to a complex methodology and panel of judges comprised of experts in the industry.

Read More
img

KFH named best Islamic retail bank Bahrain 2019

Kuwait Finance House-Bahrain (KFH-Bahrain) has emerged as the winner of the Best Islamic Retail Bank Bahrain 2019 from Global Banking and Finance Review. The award recognises the bank s outstanding performance and achievements in development of unique products and services continued investment in technology commitment to promoting awareness and practice of Islamic banking as well as a positive impact on the community through strong CSR. KFH-Bahrain managing director and chief executive Abdulhakeem Al Khayyat said This prestigious award comes as a result of our employees continuous hard work and efforts to offer innovative banking products and services which further enhances our position as a leader in the Islamic banking industry. KFH-Bahrain is one of the most developed and successful banks in the field of innovation leading to the growth of banking technology across the region as it provides innovative Sharia-compliant products and services which are more convenient to customers and responsive to market trends thus increasing its competitiveness Mr Al Khayyat added.

Read More
img

KFH Bahrain presents BD200,000 cheque to Crown Prince’s International Scholarship Programme

A BD200 000 cheque has been presented to the Crown Prince s International Scholarship Programme (CPISP) by Kuwait Finance House Bahrain (KFH Bahrain). Crown Prince s Court adviser for political and economic affairs and head of the CPISP financial and administrative committee Shaikh Mohammed bin Essa Al Khalifa received the cheque from KFH-Bahrain managing director and chief executive Abdulhakeem Al Khayyat. The CPISP programme funds overseas higher education for outstanding Bahraini students who pass a rigorous qualifying process that has already started.

Read More

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