KFH Group Extends USD 600 Million Commodity Murabaha Financing to Turkish Wealth Fund

Kuwait Finance House (KFH) Group has successfully arranged and extended a five-year, USD 600 million Commodity Murabaha financing facility for the Türkiye Wealth Fund. The financing is intended to support the Fund's general corporate purposes.

The transaction highlights a significant collaboration across the KFH Group network, with participation from KFH-Kuwait, KFH-Bahrain, and KFH-Türkiye (Kuveyt Türk Katılım Bankası A.S.). It also demonstrates the Group’s strong commitment to supporting clients across its extensive network of over 600 branches in 10 countries worldwide.

The financing was structured with KFH-Kuwait serving as the Mandated Lead Arranger and Facility Coordinator, while KFH-Bahrain and KFH-Türkiye acted as Mandated Lead Arrangers. Kuveyt Turk Investment and Securities Company (Kuveyt Türk Yatırım Menkul Degerler A.S.) served as the Investment Agent for the transaction.

“This deal is a clear testimonial to KFH Group's robust capabilities in structuring and extending sophisticated Islamic financing facilities tailored to meet the specific requirements of our clients,” a Group spokesperson said. “It also highlights our expansive network and specialized expertise in marketing, designing, and structuring financing products across local and regional markets.”

Türkiye remains an important strategic market for KFH Group. For over two decades, the Group has supported its Turkish clients both locally and internationally through its banking arm in Türkiye, KFH-Türkiye (Kuveyt Türk Katılım Bankası A.S.). Established in 1989, Kuveyt Türk Katılım Bankası A.S. is now recognized as one of the leading Islamic participation banks in the Turkish market.

KFH Group continues to demonstrate its commitment to development by extending credit facilities and supporting growth initiatives across all countries where it operates.