Ahli United Bank No Comments

Instant and Valuable Prizes for Visitors with ‘MyHassad’ KFH Launches Campaign to Showcase the Kingdom’s Largest Prize Programme through an Interactive Stand at City Centre Bahrain

Instant and Valuable Prizes for Visitors with ‘MyHassad’ KFH Launches Campaign to Showcase the Kingdom’s Largest Prize Programme through an Interactive Stand at City Centre Bahrain

26 September 2025 (Manama, Kingdom of Bahrain): Reiterating its commitment to continuously introducing customers to its innovative products and services, Kuwait Finance House (KFH) – Bahrain announced the launch of a promotional campaign to highlight the new edition of the “MyHassad” Programme through an interactive platform at City Centre Bahrain, taking place till September 27, 2025.

This campaign reflects KFH–Bahrain’s efforts to enhance direct engagement with its customers and to raise awareness about the new edition of “MyHassad”, the largest prize programme in the Kingdom of Bahrain, offering a total of (BD 5.5 million) in cash prizes.

The platform will be located at the central court of City Centre Bahrain, where existing and new customers will enjoy special opportunities to win instant cash prizes and valuable gifts over the course of three days by opening a new account or increasing their account balance. They will also be introduced to the vast opportunities offered by “MyHassad”, which this year provides the Kingdom’s largest individual prize of (BD 1.1 million) to a single winner, along with the largest monthly grand prize of (BD 101,000).

The programme also includes Elite Prizes of (BD 50,000), special monthly prizes of (BD 10,000), as well as exclusive prizes on the special occasions such as Eid al-Adha, Eid al-Fitr, and national day. The number of winners in the new edition of this pioneering program reaches more than (2,200) winners, making “MyHassad” the most distinctive and comprehensive savings programme in the Kingdom of Bahrain.

Customers can open a new “MyHassad” account through the mobile application, via online banking, by visiting any KFH branch, or by attending special promotional events organised by the Bank. These will grant them entry into upcoming draws and eligibility for valuable prizes.

For more information about the “MyHassad” Programme and how to open a new account or increase an existing balance, customers may visit KFH–Bahrain’s website at www.bh.kfh.com.

On this occasion, Dr Shadi Zahran, Group Chief Executive Officer – Bahrain, stated
“At KFH–Bahrain, we continue to introduce unique initiatives that enhance our customers’ experience with the Bank. The “MyHassad” campaign at City Centre Bahrain demonstrates our ongoing commitment to meeting and engaging directly with our valued customers, encouraging a culture of saving, and offering innovative banking experiences that meet their financial aspirations.”

Dr Zahran added “The new edition of “MyHassad” embodies our strategic vision of ‘Beyond Horizons’. We are proud that it is the largest savings programme in the Kingdom of Bahrain, one that not only rewards our customers but also invests in their financial future and supports their long-term ambitions.”

For his part, Mr Mohamed Zakout, Deputy Group Chief Executive Officer, Retail Banking- Bahrain, commented “We look forward to welcoming our customers and esteemed visitors to the interactive “MyHassad” stand, which is part of our ongoing efforts to showcase the exceptional benefits of the programme in its new edition, along with other banking services offered by KFH–Bahrain.”

Mr Zakout further added “We invite all citizens and residents to visit the “MyHassad” interactive platform at City Centre Bahrain and take advantage of this unique opportunity to learn about the Kingdom’s largest savings programme, in addition to enjoying the engaging activities that give them the chance to win instant prizes.”

KFH–Bahrain is one of the Kingdom’s leading Islamic banks, offering a comprehensive range of advanced and innovative banking services under the slogan “Beyond Horizons”, with a strong commitment to fostering a savings culture and supporting customers’ financial aspirations.

For the latest updates on KFH–Bahrain and to follow its initiatives and digital services, please visit www.bh.kfh.com or follow the official Instagram account @kfh.bahrain.

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Aqeela AlGhasra No Comments

KFH First to Launch Pilot Phase of Upgraded Wage Protection System

KFH First to Launch Pilot Phase of Upgraded Wage Protection System

Manama, Bahrain – September 24, 2025: Kuwait Finance House (KFH) has announced the launch of the pilot phase of the Wage Protection System, making it one of the  first banks in the Kingdom of Bahrain to begin implementing this pioneering national initiative. This launch comes in collaboration with the with government entities, and technology partners.

The Wage Protection System, first introduced in 2021, aims to ensure the regular and complete disbursement of employees’ salaries through banks and financial institutions.

Kuwait Finance House has started operating the improved version of the system in September 2025. The new system will enable direct integration with the bank’s digital platform for corporate clients, which will contribute towards upscaling the range of solutions provided.

Dr. Shadi Zahran Group Chief Executive Officer – Bahrain emphasised the importance of this achievement, saying: “We are proud to be one of the first banks in Bahrain to launch the enhanced Wage Protection System, which reaffirms our commitment to supporting government initiatives and achieving the highest levels of compliance and transparency. This achievement also reflects our leadership in digital transformation and our ongoing dedication to prioritising our clients through upscaling our transaction banking solutions.”

Dr. Shadi stressed that Kuwait Finance House’s participation in this project was a direct response to the regulatory requirements of the Central Bank of Bahrain, and a commitment to enabling the bank’s corporate clients to carry out salary disbursement procedures easily and in accordance with the newly established legal frameworks. This, in turn, will help strengthen trust between employers and employees, and foster a more stable and just work environment.

Dr. Shadi concluded his statement by affirming that this project marks a milestone in the development of banking services in Bahrain, paving the way for other banks to adopt the system and benefit from its key advantages in enhancing regulatory compliance and further developing Banking corporate services.

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Aqeela AlGhasra No Comments

KFH Platinum Sponsor of Bahraini Banks Reception in Washington

The Bahrain Association of Banks (BAB) has announced that Kuwait Finance House (KFH) will serve as the platinum sponsor of the Association’s annual Bahraini Banks reception in Washington, D.C., scheduled for October 16.

The event will take place alongside the annual meetings of the International Monetary Fund (IMF) and the World Bank and will host Bahraini banks as well as high-level delegations representing both governmental and private sector leaders from the financial and banking industries.

Dr. Shadi Zahran, Group Chief Executive Officer – Bahrain, stated: “We are proud to support this event through our platinum sponsorship, which reflects our broader strategic vision to strengthen Bahrain’s financial ties with international markets. We commend BAB for its continued efforts in organizing this annual reception, which serves as a vital platform for international engagement and dialogue in the financial and banking sectors.”

Mr. Zahran affirmed that the sponsorship reflects a strong conviction in Bahrain’s position as a leading center for innovation and leadership across the regional and global financial landscape and emphasized KFH’s ongoing commitment to supporting initiatives that foster greater financial integration and strengthen ties with international institutions. This commitment is grounded in a shared responsibility to contribute to the development of Bahrain’s economy and to elevate its role as a key value creator within the global financial system.

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Aqeela AlGhasra No Comments

KFH Launches New MyHassad Savings Scheme Offering Bahrain’s Largest Prize Pool at BD 5.5 Million

KFH Launches New MyHassad Savings Scheme Offering Bahrain's Largest Prize Pool at BD 5.5 Million

Kuwait Finance House B.S.C. (c) (“KFH”) is proud to unveil its newly designed MyHassad savings scheme, inspired by KFH’s brand promise “Beyond Horizons.”.

The new edition of MyHassad sets a new benchmark with the largest prize pool of BD 5.5 million, country’s biggest individual prize of BD 1.1 million, most generous Monthly Grand Prize of BD 101,000, and awarding 2,200+ customers. The prize pool also includes Elite Prizes of BD 50,000 and Special Monthly Prizes of BD 10,000. Furthermore, Monthly Prizes of BD 300 will be distributed, alongside exclusive prizes to celebrate special occasions such as Eid al-Adha, Eid al-Fitr, and National Day.

The prize scheme offers greater chances of winning for customers who maintain and grow their balances over time, rewarding loyalty and encouraging a culture of saving.

Dr. Shadi Zahran, Group Chief Executive Officer – Bahrain, stated, “The reimagined MyHassad savings scheme is a direct reflection of our ‘Beyond Horizons’ philosophy. By offering the largest prize pool in Bahrain, we are not just rewarding our customers; we are investing in their future and reaffirming our commitment to driving innovation and value within the Kingdom’s financial landscape. This initiative underscores our dedication to exceeding expectations and creating unparalleled opportunities for our clients.”

Mohamed Zakout, Deputy Group Chief Executive Officer Retail Banking – Bahrain, commented, “We are thrilled to launch this new chapter of MyHassad, designed with our customers’ dreams at its core. With the country’s biggest individual prize and rewarding over 2,200 winners, we are creating more life-changing moments than ever before. Our goal is to not only reward loyalty but also to foster a strong savings culture, empowering our customers to achieve their financial aspirations, whether it’s owning a home, starting a business, or securing their family’s future.”

Participating in the MyHassad savings scheme is simple and accessible. Bahraini nationals and residents can open a MyHassad account via the KFH Mobile Application or by visiting any branch with a minimum deposit of just BD 50. The scheme is designed to reward consistent saving, as customers can increase their chances of winning by increasing their deposit amounts and maintaining them for longer periods.

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Akhil A No Comments

KFH Invests in Future Banking Leaders Through its ‘Next Gen’ Training Programme held for the KFH Employee’s Children

KFH Invests in Future Banking Leaders Through its 'Next Gen' Training Programme held for the KFH Employee’s Children

Kuwait Finance House (KFH) has successfully completed the second cohort of its flagship ‘KFH Next Gen’ training programme. The initiative welcomed KFH employee’s children, 19 students from 10 different universities, for an intensive one-month programme designed to bridge the gap between academic knowledge and real-world industry demands.

The ‘KFH Next Gen’ programme is a key component of the Bank’s commitment to nurturing local talent and investing in the future leaders of Bahrain’s financial sector. The comprehensive programme provided a holistic learning experience.

The first two weeks focused on theoretical learning, featuring a series of expert-led lectures. These sessions covered the fundamentals of the banking industry, KFH’s specific operations, essential soft skills for the modern workplace, and targeted work readiness workshops.

Following the foundational classroom training, the students transitioned to a two-week practical phase. Each participant was placed in a department directly relevant to their university major, allowing them to gain invaluable hands-on experience and apply their knowledge in a professional setting. The key departments for this cohort’s practical training included Retail Banking, Risk Management, and Information Technology.

Commenting on the completion of the programme, Dana Bukhammas, Group Head – Human Resources Transformation & Development at KFH, stated, “We are thrilled to have successfully completed our second cohort of the ‘KFH Next Gen’ programme. This initiative is a testament to our unwavering commitment to supporting the families of our employees by empowering their children. Through a carefully crafted blend of theoretical knowledge and practical training, we aimed to nurture the skills and confidence they need to embark on successful careers. We are proud to witness the success of our employees’ children. It is our way of expressing our deep appreciation and gratitude for their contributions over the years. We believe that their children’s success stories are an extension of our employees’ success stories and reflect our belief in investing in the next generation to ensure sustainable growth.”

The programme was designed not only to provide technical skills but also to immerse students in the Bank’s professional culture, ethics, and values, preparing them for a seamless transition from academia to the corporate world.

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Akhil A No Comments

KFH Group Extends USD 600 Million Commodity Murabaha Financing to Turkish Wealth Fund

KFH Group Extends USD 600 Million Commodity Murabaha Financing to Turkish Wealth Fund

Kuwait Finance House (KFH) Group has successfully arranged and extended a five-year, USD 600 million Commodity Murabaha financing facility for the Türkiye Wealth Fund. The financing is designated for the Fund’s general corporate purposes.

The transaction showcases a significant collaboration across the KFH Group network, with participation from KFH-Kuwait, KFH-Bahrain, and KFH-Türkiye (Kuveyt Türk Katılım Bankası A.Ş.). This financing also demonstrates the Group’s strong support for its clients across its extensive network spanning 10 countries around the world and comprising over 600 branches.

The financing was structured with KFH-Kuwait, as the Mandated Lead Arranger and the Facility Coordinator. KFH-Bahrain and KFH-Türkiye acted as the Mandated Lead Arrangers. Kuveyt Turk Investment and Securities Company (Kuveyt Türk Yatırım Menkul Değerler A.Ş.) served as the Investment Agent for the transaction.

This deal is a clear testimonial to KFH Group’s robust capabilities in structuring and extending sophisticated Islamic financing facilities that are tailored to meet the specific requirements of its clients. It also highlights the Group’s expansive network and its specialized expertise in marketing, designing and structuring financing products across local and regional markets.

Türkiye is an important strategic market for KFH Group. For over two decades, the Group has proudly supported its Turkish clients both locally and internationally through its extended network, represented by its banking arm in Türkiye, KFH-Türkiye (Kuveyt Türk Katılım Bankası A.Ş.). Established in 1989, Kuveyt Türk Katılım Bankası A.Ş. is today recognized as one of the leading Islamic participation banks in the Turkish market.

KFH Group remains committed to its developmental role by extending credit facilities and supporting development initiatives across all the countries where it operates.

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