Considering its pioneering role in offering unique solutions and innovative products, Kuwait Finance house (KFH) has continued its distinction in fulfilling customers aspirations and providing the best investment plans and solutions according to the highest international standards.

As part of its keenness to meet customers’ aspirations in terms of securing the highest levels of education for their children, which is the best investment, KFH designed the long-term investment plan (Jameati) to prepare the children for a bright future.

The investment plan for university education Jameati provides solutions that enable customers to save monthly amounts, and provide higher investment profits on savings, in addition to takaful coverage.

Among the conditions of the investment plan is that the age of the son or daughter must be less than 14 years, and the age of the customer must be between 21 and 61 years. The investment period ranges from 4 to 18 years.

The advantages of Jameati investment plan include the following: the investment amount, or monthly payments may be amended at any time and the amounts shall be automatically transferred on monthly basis from the customer account to Jameati investment plan account. Also, the customer may withdraw 60% of the balance in the first year and 60% every year after the first withdrawal. The saving amount and accrued profit during the investment period shall fall due upon expiration of the investment plan. The investment plan can be cancelled at any time and the invested amount and profits accrued on the date of closing shall be refunded to the customer.

The long-term investment plans provided by the bank are Jameati, which meets the purposes of university education for students of 18 years of age, where the customer can set a target amount for the plan, and the amounts are invested and profits are deposited annually, and all accumulated profits when it is time for children begin their freshmen year in the university. Also, Injaz is a multi-purpose saving plan, through which young people can plan and achieve their future dreams by starting to invest their savings until the right time comes to achieve their goals, such as establishing a private project or buying a suitable house and other aspirations. Furthermore, Rafaa, which is a long term investment plan for children to help parents cover the expenses of their marriage. And «Themar», which helps to enjoy a comfortable retirement life after working for many years, as the customer can determine a certain goal and the amounts paid are invested, all of which are due when the plan ends by reaching the retirement age.

Long term investment plans offered by KFH encourage and inspire customers to enhance future planning and saving culture, determine family spending priorities and enhance chances of increasing family income through innovative and flexible solutions with rewarding investment returns.