Kuwait Finance House says to set up Islamic Turkish funds firm

February 8, 2016 11:41 AM

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DUBAI Feb 8 Kuwait Finance House (KFH), the country's biggest Islamic lender, will set up a sharia-compliant asset management unit under its Turkish bank branch, the lender said on Monday.

Kuwait Finance House Turk will establish five sharia-compliant investment funds and offer other investment services under KT Portfoy, the new unit, KFH said in a bourse statement.

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