Kuwait Finance House (KFH) AGM for Commercial Sector Ahmed Al-Khaled stated that the new cars showroom that is under construction is one of the biggest showrooms that has several car brands from all over the world. The showroom will be built uniquely to attract new segments, especially that KF’s products and services are highly demanded.
He stressed that the showroom cements KF’s status as the most prominent market maker in Kuwait and the main player in boosting retail business, where KFH pumped over half billion Kuwaiti dinars by acquiring various constructions materials; thus allowing consumers to select what suits their financial abilities.
Moreover, Al-Khaled said that KFH’s efforts in increasing its sales outlets that are currently 58 outlets serve to meet the growing demand of merchants and individuals, which is what prompted the opening of a new showroom at the beginning of this year at Dajeej. In addition, KFH plans to open a new showroom in 2013 near KFH’s current showroom in Shuweikh. The new showroom will occupy 38,000 square meters and will include all KFH’s commercial and banking services and products.
Furthermore, he explained that the main reason people make purchases is their need for various services and consumer products, not to mention the constant change in social, cultural, and economic needs of clients. He went on to say that advanced technology is one of the factors that prompt clients to seek financing to meet their requirements.
However, Al-Khaled highlighted the fact that following Shariah is KFH’s unique identity, and stressed that all KFH’s business must be Shariah compliant.