Kuwait Finance House-Bahrain has signed a Memorandum of Understanding with the University of Applied Sciences (ASU) to provide investments for the education of existing academics and those wishing to enroll in the university in the near future.
The rite of signature took place at KFH-Bahrain’s headquarters at the World Trade Center in Bahrain on July 21, 2022, in the presence of Mr. Abdulrahman AlKhan, Head of Channels and Electronic Cards, and Dr. Mohammed Youssif, Vice President of Administration. Finance and community participation at the University of Applied Sciences.
Commenting on the occasion, Dr. Mohammed Youssif, Vice President of Administration, Finance and Community Engagement at the University of Applied Sciences, said: “This partnership with Kuwait Finance House-Bahrain will help facilitate students’ enrolment in the university’s educational programmes as it will advance them on their educational journey, which will contribute to their progression and career progression thereafter. Therefore, we thank KFH-Bahrain for their efforts and efforts to provide sufficiently good investment responses to our current and potential students.
The KFH-Bahrain Education Funding Program aims to facilitate and help academics continue their university studies at prestigious universities and higher education establishments in Bahrain and abroad. The Shariah-compliant financing program comes with an era of exclusive 2-year grace for profit accumulation and includes investments of up to BD 30,000 at low rates.
Mr. Abdulrahman AlKhan, Head of Cards and Electronic Channels at KFH-Bahrain, said: “We continue our efforts to meet the wishes of the market and exceed the expectations of our customers by offering them an amazing banking experience. Our partnership with the University of Applied Sciences aims to help students complete their school education through their enrolment at one of the Kingdom’s prestigious universities. This step is part of our efforts in the education sector and contributes to the long-term progress of leaders.
The status quo of the University of Applied Sciences in 2004 accredited through the Council of Higher Education of the Kingdom of Bahrain. For more information, call 7777 7777 or stop by on the online page https://www. kfh. bh
Kuwait Finance House (KFH) is a pioneer in the phenomenon of Islamic banking known as “Islamic finance” or Sharia’a compliant banking. Kuwait Finance House (KFH) is the first Islamic bank established in 1977 in the State of Kuwait and today is one of the leading Islamic monetary establishments in the world.
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