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.