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kfh.com

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Investments

1

Partners & Customers

10

About Kuwait Finance House

Kuwait Finance House (KFH) is an Islamic bank in Kuwait that practices Islamic Finance or Shari'a Compliant Banking. The company was founded in 1977 and is based in Kuwait City, Kuwait.

Kuwait Finance House Headquarter Location

AlMirqab Area Abdulla Al-Mubarak Street

Kuwait City,

Kuwait

+965 2244 5050

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Latest Kuwait Finance House News

Kuwait Finance House makes share-swap offer to acquire AUB

Jul 27, 2022

Kuwait Finance House makes share-swap offer to acquire AUB Kuwait Kuwait Finance House makes share-swap offer to acquire AUB Bahrain - Kuwait Finance House (KFH) has moved a step closer to acquiring Ahli United Bank (AUB) in what would be one of the biggest bank deals in the region. The Kuwait-based Islamic lender issued two documents to Bahrain’s largest lender, which said in a filing to Bahrain Bourse that it received a notice of KFH’s firm intention to make an offer and an offer document to acquire up to 100 per cent of the issued shares of AUB by way of share swap. Earlier this month, AUB said it would accept KFH’s revised offer of one share for every 2.695 shares of AUB. The banks did not give a value for the potential transaction but according to a Bloomberg report the deal is valued at about $11.6 billion. AUB also said it has appointed Citigroup Global Markets as advisor on the deal. © Copyright 2020 www.gdnonline.com

Kuwait Finance House Investments

1 Investments

Kuwait Finance House has made 1 investments. Their latest investment was in Woosh Wireless as part of their Other Investors on .

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Kuwait Finance House Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

Other Investors

Woosh Wireless

Yes

Date

Round

Other Investors

Company

Woosh Wireless

Amount

New?

Yes

Co-Investors

Sources

Kuwait Finance House Acquisitions

1 Acquisition

Kuwait Finance House acquired 1 company. Their latest acquisition was Ahli United Bank on July 06, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/6/2022

Debt

$99M

$82M

Acquired

3

Date

7/6/2022

Investment Stage

Debt

Companies

Valuation

$99M

Total Funding

$82M

Note

Acquired

Sources

3

Kuwait Finance House Partners & Customers

10 Partners and customers

Kuwait Finance House has 10 strategic partners and customers. Kuwait Finance House recently partnered with Solar One on May 5, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

5/31/2022

Partner

United States

1

3/27/2022

Partner

Qatar

KFH: Partnership between Qatar Airways Privilege Club and Baitak Rewards Program

The partnership will allow members of Baitak Rewards to exchange their points for Avios , Privilege Club 's new reward currency , using the Baitak Rewards mobile app or website .

1

3/20/2022

Partner

Kuwait

Kuwait Finance House K S C P : KFH announces Partnership with Alshaya Group within “KFH Rewards” Program to Encourage use of Credit Cards

Kuwait Finance House `` KFH '' announced a partnership with Alshaya Group to join `` KFH Rewards '' program , which represents an important addition to the customers of the program aimed at encouraging the use of `` KFH '' credit and prepaid cards , inside and outside Kuwait , by earning points for each purchase transaction .

1

10/10/2021

Partner

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10

4/4/2021

Vendor

Jordan

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10

Date

5/31/2022

3/27/2022

3/20/2022

10/10/2021

4/4/2021

Type

Partner

Partner

Partner

Partner

Vendor

Business Partner

Country

United States

Qatar

Kuwait

Jordan

News Snippet

KFH: Partnership between Qatar Airways Privilege Club and Baitak Rewards Program

The partnership will allow members of Baitak Rewards to exchange their points for Avios , Privilege Club 's new reward currency , using the Baitak Rewards mobile app or website .

Kuwait Finance House K S C P : KFH announces Partnership with Alshaya Group within “KFH Rewards” Program to Encourage use of Credit Cards

Kuwait Finance House `` KFH '' announced a partnership with Alshaya Group to join `` KFH Rewards '' program , which represents an important addition to the customers of the program aimed at encouraging the use of `` KFH '' credit and prepaid cards , inside and outside Kuwait , by earning points for each purchase transaction .

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Sources

1

1

1

10

10

Kuwait Finance House Team

1 Team Member

Kuwait Finance House has 1 team member, including former Senior Vice President, Dilip Devaraya Samudram.

Name

Work History

Title

Status

Dilip Devaraya Samudram

Infinia Services and Solutions, Commercial Bank International, United Arab Bank, Commercial Bank of Dubai, Abu Dhabi Commercial Bank, and Citibank

Senior Vice President

Former

Name

Dilip Devaraya Samudram

Work History

Infinia Services and Solutions, Commercial Bank International, United Arab Bank, Commercial Bank of Dubai, Abu Dhabi Commercial Bank, and Citibank

Title

Senior Vice President

Status

Former

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