Treasury Group at KFH (formerly AUB)
As pioneers in the Kuwaiti market, we take pride in presenting a diverse array of Islamic products and services designed to align with the evolving demands of the regional market. Kuwait Finance House Group (formerly Ahli United Bank) leverages its prominent position and internal expertise derived from its extensive financial network to deliver innovative solutions that cater to your specific needs, all in accordance with Islamic Shari'a principles.
Your satisfaction is our foremost commitment, distinguishing us in the realms of banking and business. To enhance your experience, we've instituted a dedicated client service office that ensures swift and efficient responses to your requests. Our Corporate Sales Department, serving as the forefront of the Treasury Administration, combines expertise and rapid service to seamlessly address the diverse needs and requirements of our valued clients.
Spot Foreign Currency Exchange
As a prominent entity in the financial landscape, Kuwait Finance House (formerly Ahli United Bank) stands out as a leading provider of foreign currency exchange services. We pride ourselves on delivering competitive exchange rates for international money transfers, accompanied by a swift and personalized service tailored to the unique needs of both private individuals and companies.
Expanding our reach globally, Kuwait Finance House (Formerly Ahli United Bank) provides foreign currency exchange services in over 100 currencies through an extensive network of KFH (formerly AUB) locations worldwide. Additionally, our third-party payment services extend Kuwait Finance House’s (Formerly Ahli United Bank) influence to areas where our direct presence is not established, ensuring comprehensive coverage for your international financial transactions.
Foreign Currency Derivatives (Waad-Based)
These procedures take place between you and Kuwait Finance House (Formerly Ahli United Bank) for the sale of foreign currencies with a future obligation based on the current exchange rate. Disbursement and payment take place at a later agreed date but the contract is signed on spot. This procedure helps reduce the risk of exchange rate fluctuations until the maturity of the obligation.
Profit Rate Swap (PRS)
Profit Rate Swap (PRS) is an Islamic hedging solution to protect your business from interest rate volatility. PRS is an agreement to exchange profit rates between a Fixed Rate and a Floating Rate or vice versa implemented through the execution of a series of Murabaha contracts.
These derivatives are offered to clients through a dedicated team of certified dealers who provide custom tailored solutions based on client requirements.
Wakala Investment
This is an Islamic financial market investment instrument that gives you competitive financial returns on a specific investment period.