The emerging practice in Islamic finance of integrating social solidarity instruments, (i.e. Takaful) and risk-sharing principle (i.e. Murabaha), closes the gap between the existing models of traditional banking and financing, and aligns greatly to a for-profit social enterprise. Islamic financial institutions, through their progressive approaches in developing their line of products and services, are making a positive and sustainable presence on communities.
The increased use of equitable financial instruments and the presence of strong Shari’a Compliance oversight are commonly attractive and related to impact investment, leading to the development of a sound ecosystem that encourages greater institutionalization of Islamic Finance, and enables the development of facilitative and inclusive regulations, and strong governance and transparency. At KFH, we continue to provide a successful and sustainable model to Governments and their agencies, regulators, multilateral institutions and international communities to adopt this inclusive financial system as an enabler for true financial access and a global equitable world.
For over 40 years, KFH has invested in building the required institutional capacity, and managed to empower all its stakeholders. Moreover, as we grew, we have capitalized and evolved by harnessing the advantages of digitalization. Through our network of subsidiaries.