Kuwait Finance House Launches Its Digital Wealth Management Platform in Bahrain25. October 2022
Kuwait Finance House (KFH) – Bahrain has launched KFHB Wealth, its digital wealth management platform to streamline the investment and banking experience for the bank’s high net worth clients.
The new platform, accessible on mobile and web, allows KFH Bahrain customers to manage their investments, view their portfolio and position reports, calculate their zakah, and carry out banking services.
KFH is known for its CSR efforts, instant money transfer services and sustainability initiatives, and is the most popular Islamic bank in the Middle East by media presence according to recent research.
The bank launched its digital wallet service in mid-2021 to enable KFH Visa and Mastercard cardholders to make payments using their smart phones, as well as their Samsung, Fitbit and Garmin smart watches.
“The application is unique as our valued clients will now be able to carry-out both their banking services as well as manage their investment portfolio on a single platform.
We are already working on upcoming releases which will include additional personalised investment solutions that will further enhance our customers’ overall portfolio management,”
said Rashid Alkhan, Head of Wealth Management and Private Banking at Kuwait Finance House-Bahrain.