Islamic bank Kuwait Finance House (KFH) has launched a digital wealth management platform in Bahrain.
The new offering from KFH-Bahrain will be named KFHB Wealth.
According to the firm, it has been developed in response to investors’ demand for a digitized wealth management service.
“Digital transformation in the financial services industry has become increasingly indispensable for all customer segments globally,” said Rashid Alkhan, head of wealth management and private banking at KFH-Bahrain.
The platform will offer a dashboard to view their positions and calculate their zakah and there are plans to develop new features including personalised investment plans.
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