Kuwait Finance House (KFH or the Bank) was incorporated in the State of Kuwait in1977, and is listed on the Kuwait Stock Exchange with a market capitalization of US$ 1,950 million as of 31 December 2001. KFH has a an investment grade rating, and has been rated A3 by Moody’s. The Government of Kuwait owns 49% of the equity, and the general public holds the remaining shares. KFH is engaged in providing Islamic banking services, and its spectrum of activities include consumer banking, real estate financing, lease financing, trade finance and portfolio investing, all of which are conducted in strict compliance with Islamic Shari’a. The Bank is the market leader in the Islamic banking industry in Kuwait, and holds an estimated 20% of the to
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