Kuwait, January 6th 2017: Kuwait Finance House (KFH) announced that the Eservice that allows clients to open Gold Account through KFH online application contributed in increasing the turnout and the transactions volume. KFH customers responded positively to this service that allows them to conduct gold selling and purchasing transactions online in an easy and secure manner, which confirms KFH’s keenness to optimally avail the technological development for the sake of best serving clients as per international standards. Innovating this, gold trading has become more streamlined and easier than ever before.

This service that copes with the latest technological development in the banking sector reiterates KFH pioneering role in offering unique Eservices, which constitutes a competitive advantage and meets clients’ aspirations. The accelerating pace of the demand of electronic banking transactions has become explicit and concrete which calls on going further in availing technology for the best interest of customer service.

The “Gold Account” from KFH reflects KFH’s ceaseless efforts in innovating sharia-compliant financial services and products in a bid to offer clients the opportunity to diversify their investments since it is a low-risk and a store of value product. Gold account is a good investment vessel as it combines both saving and investment purposes.

It is worth noting that each gold biscuit weighs 100 grams, 24 carat and has a purity value of 999.9, the purest form of gold. Each gold biscuit is issued and certified by KFH and the Ministry of Commerce. KFH offer clients the gold in competitive pricing and in a flexible purchasing process.

The gold account is also available at 9 branches, Al-Faihaa, Alshaab, Alsalmiya, Mubarak Alkabeer, Alfahahil, AlQaser, Al Farwaniya, Baitak Tower in addition to the headquarters branch.

Gold is viewed as one of the most important investments in the world. It is an important commodity for clients wishing to diversify their saving and investment portfolios, yet achieving good returns when gold prices surge.