Bahrain Bourse has announced the cross-listing and commencement of trading of Kuwait-based Kuwait Finance House K.S.C.P., under the trading symbol ‘KFH’ in the regular market.
KFH Shares will be traded in USD on Bahrain Bourse in accordance with market procedures, and will be classified under the Non-Bahraini Companies Sector. Following this announcement, the total number of listed companies at Bahrain Bourse now stands at 43.
Kuwait Finance House is licensed by the Central Bank of Kuwait as a locally incorporated bank operating as an Islamic bank and provides a wide range of banking Shari’a compliant products and services. KFH was established in 1977, and was listed on Boursa Kuwait in 1984. The authorised share capital of KFH is KWD 1.35 billion divided amongst 13,309,448,363 shares with a nominal par value of KWD 0.100 per share.
To commemorate the commencement of trading of KFH shares, a ringing bell ceremony was held in the presence of Minister of Industry and Commerce & Minister in Charge of Bahrain Bourse, HE Zayed R. Alzayani, and Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al Marzouq and executive management of KFH along with CEOs of listed companies, representatives from the CBB, Board Members, and executive management of Bahrain Bourse.
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