The Canadian Minister for International Relationships Iris Evans applauded Kuwait Finance House (KFH) for its success in global markets, and for its work methodology that allowed it to operate optimally and establish a network of cooperative relationships with international financial institutions. The minister added during her visit to KFH’s main headquarters, where she met CEO Mohammed Al-Omar and other senior officials at the International Real Estate Sector, that Canada welcomes investors and offers them facilities, in order to take advantage of the noticeable growth of Islamic economy.
Al-Omar welcomed Evans and her accompanying delegation, and stated that this visit is pivotal, since KFH seeks to reinforce its international expansion through operating in new markets. He went on to say that KFH managed last year to setup a real estate fund in Canada worth CAD 450 million, where the fund invests in profitable real estates in conjunction with one of Canada’s major companies. He remarked that KFH is currently considering other investment opportunities in Canada, especially that there are positive indicators that the Canadian economy is growing, in addition to having legislations that serve the investment field.
During the visit, KFH officials discussed the applications of Islamic economy, in addition to the Shariah compliant services and products. They stressed that KFH’s strategic objective is to make long-term investments that serve as an added value to the society, not to mention playing a role in its development.
At the end of the visit, commemorative gifts were exchanged, in order to cement the excellent relationship between the two parties.