Kuwait Finance House (KFH) paid KD 11.2 million to Zakat House to support the humanitarian and community work. This is in line with the strategy of parallelism between financial and social businesses that serve the society and enhance the Bank’s capabilities and robust position.
KFH-Group CEO Mazin Saad AlNahedh handed out the Cheque to Zakat House in the presence of Group Chief Strategy Officer, Eng. Fahad Khaled Al-Mukhaizeem and a delegation from Zakat House consisting of Director General Mohammad Alotaibi, Financial and Administrative Affairs Deputy General Manager Waleed AlKindary and the Resources Development Manager Nayef Aljimaz at KFH headquarters.
Al-Nahedh emphasized KFH keenness to support Zakat House to execute charitable projects that serve the community and boost the efforts of social development and humanitarian work.
He indicated that the KD 11.2 million will efficiently contribute in increasing the momentum of Zakat House activities while continuing their humanitarian and aid work in Kuwait and overseas.
Meanwhile, Group Chief Strategy Officer, Eng. Fahad Khaled Al-Mukhaizeem pointed out that KFH offers in coordination with Zakat House “Zakat AlFitr and Feed the Fasting” donation service on its ATMs in an easy and secure manner in conjunction with the holy month of Ramadan. He indicated that the service has been available to customers for 3 years. It comes as part of the bank’s efforts in keeping abreast of the latest technology in the banking industry.
Director General Mohammad Alotaibi applauded the pioneering role of KFH in supporting the Zakat House in executing the humanitarian aid. This confirms the Bank’s leadership position in the social responsibility while reflecting its Islamic identity as the world leading Islamic financial institution.