Islamic Finance
Legal
Uncategorized
Kuwait's KFH rejects Investment Dar's debt-for-assets plan
Kuwait Finance House, the Gulf state's largest sharia-compliant bank by assets, said it had rejected a debt-for-assets deal proposed to creditors by Investment Dar, another Kuwaiti sharia-compliant lender. In a statement on Wednesday, KFH said it would take all legal measures available against Investment Dar to try to collect the…
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