Financial Results
Islamic Finance
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Kuwait's KFH Q2 net income drops on rise in impairment charges
Kuwait Finance House, the biggest Sharia-compliant lender in the Gulf state, reported a 77.5 per cent decline in its second quarter net profit, as impairment charges for potential loan losses increased due to an economic slowdown spurred by Covid-19. Net profit for the second quarter ending June 30 slipped to…
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