Move emphasizes bank’s commitment towards youth, environment

KFH officials with ‘Agrivage’ team

KUWAIT: Kuwait Finance House (KFH), has signed a cooperation agreement with ‘Agrivage’; a startup business created by a group of Kuwaiti students, with the purpose of preserving the environment by recycling food waste and converting it into usable rich soil.

This comes as part of KFH social responsibility and commitment towards the youth initiatives and the environment. ‘Agrivage’ won coveted award INJAZ-Kuwait award, INJAZ AlArab award in addition to the honoring by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.

‘Agrivate’ initiative is considered as highly important especially in the holy month of Ramadan. KFH support to ‘Agrivage’ and the signing of the cooperation agreement as the first institution in the private sector confirms the great interest KFH attaches in the activities of interest to the environment in collaboration with the concerned parties.

KFH pays great attention towards keeping the environment clean and healthy. The Bank uniquely sponsored a pioneering environmental project Umnia for Plastic bottles recycling. This small project has now become a factory for recycling. It participated in many other environmental activities and events such as cleaning the beaches, planting of greenery and holding events for school students to encourage planting and greening.

Meanwhile, ‘Agrivage’ team said on the sidelines of the agreement: “we would like to take this opportunity to thank KFH for the support. This reflects the pioneering role in sponsoring the youth initiatives that reiterates the leadership in assuming the social responsibility.

KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and customer service.

KFH manages its operations in the GCC, Asia, and Europe through over 480 branches, including KFH-Turkey, in order to offer services for the bank’s customers in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, and the UAE. KFH’s mission is to achieve highest levels of excellence and innovation in the field of customer service, while developing common interest for all those concerned with the financial institution. KFH’s vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.