- The account is available only to legal entities. The funds are fully invested 100% in accordance with the provisions and principles of Islamic law and the principle of investing in the (Wakalah), so that the customer is promised the expected investment returns and profits are deposited in the same account on a monthly basis.
- The profit will be calculated on the daily balance of the account.
- A competitive pre-promised rate.
- Invest your corporate’s funds in “Sharia’a” compliant investment, profits credited monthly.
- Account can be opened in KD or other major foreign currencies.
- Ability to issue Courier Card for cash & cheque deposits.
- Get benefits from “KFH eCorp” an online banking services.
- The (Wakalah) account can be opened for legal entities.
- The minimum opening balance is 25,000 KWD or 100,000 USD, or 70,000 EUR.
- Profits are calculated based on the daily balance in the account, provided that the balance does not exceed maximum to accrue profits (KWD 50 Millions).
- Ability to open the account for companies, and Islamic charity organizations, public associations, co-ops and sport clubs and student unions in Kuwait and abroad.
- Manage your account easily round the clock via our e-services:
- KFH eCorp Service.
- Telebanking Service 1803333.
- ATM machines.
To review the Terms & Conditions, please click the below link:
Required Documents:
- Required documents to Open Account, update KYC, Activate Account or add Signature.
- There is no fees.