KFH Capital, the investment arm of Kuwait Finance House (KFH) Group, successfully achieved unprecedented accomplishments in 2024 across all levels.
KFH Capital Chief Executive Officer, Abdulaziz Almarzooq said that the company successfully led and arranged approximately $17.8 billion in Sukuk issuances for sovereigns and corporates across various sectors and geographies in 2024. Furthermore, KFH Capital has emerged as a leader in Sukuk issuance, acting as joint lead manager and bookrunner for $6.5 billion worth of issuances for sovereign funds in the region.
Investment Funds
In line with KFH Capital's ambitious plans to expand its presence in the wealth management sector, Almarzooq explained that the company successfully marketed two Ijara funds, two real estate funds, and a USD money market fund. These funds are designed to provide clients with balanced returns while managing risk. The investment objective of these investment funds is to achieve attractive rates of return by investing primarily in Ijara-based assets. The U.S. real estate fund seeks to generate stable income through investments in a diversified portfolio of residential land in major urban areas within the United States. In addition, the company aims to market a UK real estate fund whose portfolio consists of two student housing properties in London.
These initiatives signify the continued expansion of KFH Capital's international investment portfolio and reflect the company's growing presence in the real estate markets of North America and the United Kingdom. This growth stems from KFH Capital's experience in these markets for over 25 years.
Almarzooq stated that the Asset Management Sector at KFH Capital remained committed to delivering innovative services and value-added solutions to customers, with a particular focus on enhancing trading services last year. He expressed pride in the company's comprehensive approach to asset management, which emphasizes strategic portfolio diversification, robust risk management, and a balanced approach to both.
He added:"Our expert team works closely with clients to understand their financial goals, ensuring that our investment strategies are aligned with their aspirations and plans. We will continue to strive to strengthen our relationships with clients and achieve sustainable growth by providing innovative investment solutions and products."
He said: "The company maintained its prestigious position during 2024, winning distinguished global awards, including: Hybrid Deal of the Year Award from the Islamic Finance News (IFN), Kuwait`s Best Investment Bank from Global Finance, Islamic Finance Deal of the Year Award for its role in the Republic of Turkey's USD 2.5 billion Sukuk, and Best for Fixed Income in Kuwait" in the 2024 from Euromoney.
Moreover, Almarzooq emphasized that 2024 marked a pivotal year for KFH Capital's digital transformation. The company has launched two impactful initiatives. First, an integrated investment management portal that connects with internal systems, empowering employees to complete tasks that previously necessitated physical intervention and client presence. Second, a dedicated mobile application (KFH Wealth App), meticulously designed, which provides customers with a holistic view of their investments and streamlines the subscription process for any public funds offered by KFH Capital.