Kuwait Finance House (KFH) continues to offer the Jameati investment plan, reaffirming its role as a trusted partner to customers in securing the best university education for their children.
The innovative investment plan is an excellent opportunity for KFH customers to support their children’s academic ambitions through a solid investment solution that includes monthly savings with investment returns, Takaful coverage, and high flexibility.
Jameati investment plan has seen strong demand from KFH customers. It enables them to invest regularly in line with their requirements and financial capabilities, eliminating the need to resort to emergency financial solutions to cover their children’s university costs. This investment solution paves the way for young people to pursue their academic ambitions without financial burdens standing in their way.
It also aligns with KFH’s strategy to provide inclusive banking services tailored to the evolving needs of all segments of society. The investment plan further reflects the Bank’s commitment to promoting financial stability within the community by encouraging families to save, invest, and plan ahead to secure a promising academic future for their children.
Jameati also serves as an effective initiative by KFH to support national efforts in investing in human capital and supporting local talent to access quality education that prepares them to become future leaders. It demonstrates KFH’s firm belief that education is the foundation of sustainable development in society.
To benefit from this long-term investment plan, the child must be no older than 14 years, and the customer’s age must be between 21 and 61 years. The investment term ranges from 4 to 18 years. By the time the child reaches university age, the accumulated savings and profits will be available to cover all university education expenses, paving the way for a promising future.
Although the Jameati investment plan is designed as a long-term solution, customers have the flexibility to adjust the investment amount or monthly contributions at any time. Funds are automatically transferred each month from the customer’s account to the Jameati investment account. Additionally, customers can withdraw up to 60% of the balance in the first year, and up to 60% each year following the initial withdrawal. The full investment amount, along with the accumulated profits, becomes available at the end of the plan term. Customers may also cancel the investment plan at any time, in which case the invested amount and any profits earned up to the cancellation date will be refunded to the customer’s account.