Kuwait Finance House-Bahrain (KFH-Bahrain), a leading provider of Islamic commercial and investment banking services, said its wealth management department has developed a suite of products and services aimed at providing new real estate investment opportunities for its clients.

After more than two years since its inauguration, KFH-Bahrain’s Wealth Management Department is celebrating a new achievement with consistent growth and a surging customer appetite for its innovative wealth management solutions and services, said a statement from the Bahrain-based bank.

This new achievement comes in line with the steady growth and development witnessed by the department since it was launched, it stated.

Abdul Razak Jawahery, the executive manager at KFH-Bahrain, said: "Since we launched our Wealth Management Department over two years ago, we have been very successful in benefiting our clients by fulfilling their objectives. We have developed a suite of products and services which are flexible and suit their individual investment needs."

"This year, KFH-Bahrain will be launching real estate investment opportunities for its clients and will maintain its focus to growing the wealth of its customer base and opening up the door to new investment opportunities to support their financial objectives," noted Jawahery.

"We are the first Islamic Bank in Bahrain to have a dedicated Wealth Management team of highly experienced professionals who are able to advise and meet the individual demands and financial goals of our client base," he said.

KFH-Bahrain had recently appointed Rashid Khalid Alkhan as the head of Wealth Management department.

Alkhan has been with the KFH-Bahrain for nearly 15 years, where he extensively worked on various alternative investments including real estate developments and international private equity transactions.
 
"Throughout 2016 and until today, our expert Wealth Management team managed to capitalise on the regional opportunities and shifts in capital markets as well as devised niche strategies to manage our clients’ wealth and to provide them with lucrative returns," stated Jawahery.

"We are also proud to announce that our Wealth Management strategies have generated very fruitful results in the regional equity stock market and are in line with the clients’ investment expectations," he added.-TradeArabia News Service