Saturday, April 12, 2008

Kuwait Finance House offers financing international real estate for over 7 years

He added that it have got expanded its concern to cover most of the world, especially the 1s that have high demand on existent estate in the Gulf, Europe, Asia, the Center East, and the States. KFH can now supply the necessary finance for corporate, individuals, and institutions, in improver to its clients, whether Kuwaitis or expatriates, provided that their wages are transferred to the bank. These clients can get residential units of measurement and pay installments for as long as 7 years, adhering to the Banks policy in offering the best service for its clients. Global existent estate financeHe mentioned in a fourth estate release on the juncture of KFH's engagement in the International Real Number Estate Exhibition from 14-18 April that KFH have started to offer the service of funding the acquisition of international existent estate in 8 states that include Makkah, Al-Madeenah, Bahrain, Oman, Egypt, UAE, Lebanon, Britain, Malaysia, and soon Turkey. Due to the growth trust of clients, whether corporate or individuals, and their desire to profit from KFH's services, the direction worked on expanding the field of service to cover most parts of the world, especially the of import marketplaces and states that witnesser an active, safe and stable investment environment. Aluminum - Khamees added that KFH trades in some states with trusted government that help the client in arranging some substances related to the existent estate he desires to acquire. Moreover, KFH is considering sign language a contract with one of the government specialized in evaluating existent estate in international markets, where it will offer an added value, an exceeding service and guidance to its clients who want to get existent estate in a country, before offering the finance needed by the client. He said that KFH understands that acquiring a existent estate or the desire to do a existent estate investing is not an easy matter, it can be one of the most of import determinations that a adult male can do in his life. Based on KFH long experience in the existent estate market, KFH have set basic criteria that word form a corsage of quality services and audience that have to be given to the client before any existent estate investment, so that this investing can be fruitful and Shariah compliant. Al-Khamees mentioned that the existent estate experiences that KFH offered during its engagement in former exhibitions have got greatly succeeded, where many existent estates were marketed in Pavilion Tower in Malaysia, and offered 2 existent estate undertakings in Malaya in Pening and Manner Sun areas. The 3rd undertaking is a figure of posh flats in Singapore. New serviceHe stated that clients greatly profit from the existent estate funding abroad for its many benefits and flexibleness in catering to their needs. He added that KFH will offer a new service during the exhibition called 'Murabaha'. This service lets clients to get existent estate they desire in any portion of the world, financed by KFH with great facilities. Al-Khamees stressed that Murabaha is still the best pick for acquisition and that it offers the best benefits for clients, like stable terms with competitory net income among respective scenarios regarding the hereafter updates in the existent estate marketplace in Kuwait City and the area. He also clarified that the concern scheme that the Domestic Real Estate Department follows is maintaining the income and achieving tax returns on the invested money by increasing sales, offering new merchandises and services in the Kuwaiti market, entering the Gulf market, and some planetary and Islamic markets. Financing undertakings abroadAl-khamees announced that the building undertakings funding services for common individuals, Kuwaiti investors and Kuwaiti corporate abroad will be available during the exhibition, where whoever is interested in funding his undertaking abroad can demo the inside information of his undertaking to experts who will be attending the exhibition. These experts can make up one's mind whether to finance the undertaking or not, whether this undertaking was existent estate, industrial, or other. The funding will be Shariah compliant like Istisnaa, Ijarah, Murabaha, and others. He mentioned that these of import functions are services that KFH offers to his clients, Kuwaiti investors and national corporate, which will broaden its concern range and reenforce its undertakings abroad.

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