KFH provides many types of loan financing for customers such as:
Customers can apply for a personal loan based on the Shariah concept of IjarahMawsufah Fi Al-Zimmah. For example Personal Financing-i Government Personnel is focused on government employees who are looking for additional financial needs.
KFH Personal Financing-i for Government Personnel is especially dedicated to the employees of the Malaysian Government. Government employees will enjoy the additional cash for additional expenses they have in mind.
KFH Loan Benefits
KFH Personal Financing-i is a personal loan package that is offered only to government personnel in Malaysia. This loan is fully Islamic compliant and is based on Shariah Murabahah concept. This loan offers from RM 2,000 up to RM 200,000 of financing with minimum 2 years up to 9 years of repayment with overlap option. The interest rates of this loan would be based on amount borrowed and financing tenure. One can enjoy a low 3.99% p.a. with 6 to 9 years repayment while 5.99% p.a. for 2 to 5 years repayment period. Personal Financing-i is unsecured which no guarantor and collateral is needed.
*Note: the gross monthly salary is computed based on salary plus fixed allowances
Loan eligibility will defer based on the loan amount taken by the customer. The loan repayment period will be set for minimum 2 years and maximum 9 years.
Charges and Fees
Takaful insurance is compulsory with the loan
As of all government loans, the repayment of the loan is done via Biro Perkhidmatan Angkasa (BPA) automatic salary deduction
Customer can apply for personal loan for:
For application please provide KHF officers with:
KFH is known to be the first bank operating in accordance with the Islamic principles of Shariah. Founded since 1977, Kuwait Finance House K.S.C. (KFH) has emerged as one of the leading Islamic banks in the world.KFH has business operations in Bahrain, Turkey, Jordan, Saudi Arabia, Malaysia, Singapore and Australia as well as affiliates in the United Arab Emirates, Oman and Bangladesh. KFH is listed in Kuwait Stock Exchange (KSE), with a market capitalization of KWD 2.667 billion as of 31 December 2008. The established bank has been awarded Best Islamic Bank in the world from CPI Financial institution for the year 2014.
Dubbed as the ‘Harvard of Islamic banks’ in the 2007 issue of Forbes magazine, KFH has earned global recognition, having received numerous prestigious local and international awards. The accolades attest the financial strength, quality of assets and the efficiency and professionalism of its employees.