Kuwait Finance House (KFH)

Access instant cash through Kuwait Finance House (KFH) Murabahah Cashline-i personal loan without affecting your current deposits or investments! Whether for emergencies, education, business, or other needs, our KFH Cashline-i offers flexibility and peace of mind for managing cash-flow challenges.

Kuwait Finance House (KFH) Personal Loan

Kuwait Finance House (KFH): Personal Loan Summary

  • Bank Name: Kuwait Finance House
  • Abbreviation / Code Name: KFH
  • Category: #ConsumerLoan#personalloan #koperasi #KFH
  • Bank Promotion Name: Kuwait Finance House (KFH) Personal Loan
  • Personal Loan Promotion Period: ~ call for confirmation ~
  • Open to: Government / Semi-Govt / State Govt
  • Max Loan Amount: RM200,000

Kuwait Finance House (KFH) Personal Loan: Empowering Financial Solutions

Key Features and Benefits:

1. Flexible Withdrawal

Access your funds anytime through various channels including cheque, Debit Card, ATM, or at any Kuwait Finance House (KFH) branch.

2. No Minimum Monthly Payment

You’ll only pay profit charges on the amount you use, with no minimum monthly payment required. Settle the full amount within the agreed timeframe without penalties.

3. Competitive Pricing

Enjoy competitive pricing with profit rates based only on the amount utilized, ensuring you get the best value for your financing.

4. Shariah Concept (“Murabahah Tawarruq”)

Kuwait Finance House (KFH) operates on Shariah principles, offering financing through the Murabahah Tawarruq concept, ensuring compliance with Islamic finance principles.

5. High Margin of Advance

Benefit from a high margin of advance, allowing you to access a significant portion of the financing amount without the need for a guarantor.

6. Account Benefits

Avail account benefits such as no charges on the unutilized portion of the financing, providing you with cost-effective financing solutions tailored to your needs.


Fees Associated with KFH Personal Loan:

1. Brokerage Fee

Proportionate to the financing amount.

2. Stamp Duty

0.5% of the financing amount.

3. Takaful

Determined based on customer profile factors such as age, gender, and tenure.


Eligibility Criteria:

1. Age

Individuals aged 21 years or older, up to 2 years before retirement age (60 years old).

2. Residency

Malaysian residents.

3. Asset Ownership

Own permissible assets acceptable to KFH Malaysia, free from any encumbrances.

4. Loan Purpose

For personal use or short-term working capital.

5. Tenure

Minimum tenure of 2 years, subject to annual review, with a maximum tenure of 5 years.

6. Financing Amount

Minimum financing amount of RM5,000 and a maximum of RM250,000.


Profit Rates Calculation:

Base Rate plus Margin: Profit rates are calculated based on the base rate plus a margin, subject to a contracted ceiling rate. Customers are charged daily based on the utilized amount, with profits realized on a monthly basis.


Required Documents:

For Salaried Earners:

  • Latest 3 months payslip.
  • Latest EPF Statement showing the latest 3 months’ contributions.
  • Additional documents on a case-by-case basis.

For Own Business Owners:

  • Latest B/e-Tax form with tax payment receipts or EPF statements showing at least 6 months’ contributions or a copy of the latest Audited Financial Statements.
  • Business Registration Form.
  • Additional documents such as bank statements on a case-by-case basis.

Kuwait Finance House (KFH) stands as a beacon of flexibility, transparency, and ethical finance in Malaysia. With its array of features and benefits designed to empower individuals and businesses alike, KFH’s personal loan is a compelling choice for those seeking reliable and Shariah-compliant financing solutions.

Key Features of Kuwait Finance House (KFH) Personal Loan

Financing Features and Other Information

  • Kuwait Finance House (KFH) offers personalized loans catering to diverse financial needs, from funding dream weddings to kickstarting entrepreneurial ventures.
  • Individuals can access substantial capital of up to RM250,000, providing them with the means to realize their aspirations without financial constraints.
  • The flexibility in financing empowers borrowers to pursue various endeavors without being limited by monetary concerns.

Tenure Flexibility

  • Kuwait Finance House (KFH) provides flexible repayment tenure options, allowing borrowers to align their repayment periods with their financial capabilities and goals.
  • Tenure options range from 2 to 10 years, ensuring that borrowers can manage monthly payments effectively while facilitating long-term financial planning.

Competitive Financing Rates

  • Kuwait Finance House (KFH) offers competitive profit rates, ensuring that borrowers receive financing at favorable terms.
  • This feature enhances affordability, enabling individuals to access funds without facing exorbitant interest payments.

Shariah-Compliant Financing

  • Operating on Islamic finance principles, Kuwait Finance House (KFH) adheres to the Shariah concept of “Murabahah Tawarruq.”
  • This ethical framework ensures that financing transactions are conducted in accordance with Islamic principles, providing customers with peace of mind and financial integrity.

No Guarantors Necessary

  • Unlike traditional loan products that often require guarantors, KFH personal loans eliminate the need for third-party guarantees.
  • This streamlined application process simplifies borrowing and reduces administrative hassles for borrowers.

Lifestyle Enhancements

    • With KFH personal loans, individuals can enhance their lifestyles by fulfilling personal aspirations and realizing long-held dreams.
    • Whether it’s traveling, renovating a home, or pursuing further education, KFH financing empowers individuals to enrich their lives and pursue their passions.

Benefits of Kuwait Finance House (KFH) Personal Loan

Account Benefits

  • High Financing Limits: Borrowers can access financing of up to RM250,000, facilitating major life events, investments, and personal projects.
  • Flexible Tenure Options: Tenure ranges from 2 to 10 years, allowing borrowers to tailor repayment schedules to their financial circumstances and preferences.
  • Competitive Profit Rates: KFH offers competitive rates ensuring affordability and reducing financial burden for borrowers.
  • No Guarantor Requirement: Eliminating the need for guarantors simplifies the application process, making financing more accessible and convenient.
  • Takaful Protection: KFH provides comprehensive insurance coverage for added financial security and peace of mind throughout the loan tenure.
  • Convenient Payment Methods: Repayments can be made conveniently via Interbank GIRO (IBG) or Interbank Fund Transfer (IBFT), streamlining transactions for borrowers.
  • No Early Settlement Penalty: Borrowers can settle their financing early without incurring penalties, enabling effective financial management and savings on interest payments.

Fee Structure

  • Brokerage Fee: The fee is proportional to the financing amount, promoting transparency and fairness in fee assessment.
  • Stamp Duty: A stamp duty of 0.5% of the financing amount is levied, adhering to regulatory mandates.
  • Takaful Charges: Charges are calculated based on the customer’s profile, incorporating factors like age, gender, and tenure to offer personalized insurance coverage tailored to individual requirements.

Eligibility Criteria

  • Employment Status: Applicants must hold confirmed and permanent positions within multinational companies, public limited companies, government-linked companies, and their subsidiaries.
  • Age and Income Requirements: Eligible applicants must be aged 21 years or above, up to 2 years before reaching the retirement age of 60 years old. Additionally, they must have a minimum gross monthly income of RM3,000 to qualify for the loan.

Required Documents

Salaried Earners

  • Required documents:
    • Latest 3 months’ payslip
    • Latest EPF Statement reflecting the latest 3 months contributions
    • Additional documents on a case-by-case basis.

Own Business Owners

  • Required documents:
    • Latest B/e-Tax form or EPF statements reflecting at least 6 months of contributions
    • Business registration form
    • Additional documents as per individual circumstances.

Kuwait Finance House (KFH) personal loans offer a comprehensive financing solution designed to meet the diverse needs of individuals. They provide access to substantial capital with flexible terms, competitive rates, and streamlined application processes.

Contact Us Kuwait Finance House (KFH)

The Kuwait Finance House (KFH) International Hotline, reachable at 603-2168 0464, serves as a direct avenue for customers worldwide to access assistance and information regarding KFH services. With a commitment to customer satisfaction, KFH representatives are equipped to address inquiries, provide guidance on loan options, and assist with account-related matters promptly and efficiently. This hotline underscores KFH’s dedication to offering exemplary customer service on a global scale, ensuring that individuals have convenient access to support and information tailored to their financial needs.

1 300 888 KFH (534) – Kuwait Finance House (KFH)

Kuwait Finance House (KFH) International Hotline – Telephone: 603-2168 0464

Web Directories

Welcome to our comprehensive web directories! Explore a world of information and resources tailored to your interests and needs. From travel adventures to financial solutions, hobbies, reviews, and more, our curated collection of links offers something for everyone. Click on the above links to start your journey towards discovering new experiences and expanding your horizons. Your next destination awaits!

  1. https://asiaworldtour.com: “Asia World Tour: Your Gateway to Asian and World Adventures”
  2. https://personalfinancingloan.com: “Personal Financing Loan: Your Path to Financial Freedom”
  3. https://hobbyforte.com: “HobbyForte: Discover Your Car Passion, Explore Your Interests”
  4. https://reviewsanything.com: “ReviewsAnything: Your Trusted Source for Honest Gadget Reviews”
  5. https://rumahmampumilik.com: “Rumah Mampu Milik: Your Affordable Homeownership Journey Begins Here”
  6. https://malaysiadigit.com: “MalaysiaDigit: Your Digital Destination for News and Insights”
  7. https://vipmalaysia.com: “VIP Malaysia: Elevate Your Experience in Malaysia”
  8. https://nordiyana.com: “Indulge in Elegance at Nordiyana: Latest Recipe and Culinary Inspirations”
  9. https://e-penyatagaji.com: “E-Penyata Gaji: Simplifying Payroll Management for You”
  10. https://googleasia.org: “Google Asia: Explore the World and Asia’s Wonders with Google Asia”
  11. https://malaysiafit.com: “Malaysia Fit: Your Partner in Health and Wellness”
  12. https://koperasi.info: “Koperasi: Building Communities, Empowering Lives”
  13. https://recipeinside.com: “RecipeInside: Unveiling Culinary Creations, Your Guide to Delicious Dishes”
  14. https://asiahealthcenter.com: “Asia Health Center: Your Source for Holistic Wellness Solutions”
  15. https://nationalhealthcenters.com: “National Health Centers: Your Source for Vital Health Information and Community Care”
  16. https://malaysiabit.com: “MalaysiaBit: Stay Informed, Stay Connected”
  17. https://epenyatagaji.com: “E-Penyata Gaji: Your Digital Payslip Solution”
  18. https://koperasi.work: “Koperasi Work: Collaborate, Innovate, Succeed”
  19. https://koperasi.business: “Koperasi Business: Driving Entrepreneurship, Fostering Growth

*kfh official website

Frequently Asked Questions (FAQ) about KFH Personal Loan

Curious about KFH Personal Loan? Explore our FAQ section for answers to common questions. Find out more about our services, policies, and how we can meet your needs. Dive into our FAQ to discover everything you need to know before getting started. Start exploring now!

How can I contact Kuwait Finance House (KFH)?

You can reach Kuwait Finance House (KFH) at 1 300 888 KFH (534).

What is the maximum financing amount offered by Kuwait Finance House (KFH)?

Kuwait Finance House (KFH) provides financing up to RM250,000.

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Kuwait Finance House (KFH) Personal Loan: Islamic banking pioneer innovates again with digital banking shift

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Why You Should Take Loans In Malaysia — How To Use Debt To Your Advantage

In this video, we’ll talk about why taking out loans can usually be a GOOD thing for your personal finance.

Before we start, its important to distinguish the 2 types of loans, being a flat rate & a reducing balance loan. Here's an illustration.

Imagine I want to take out a loan of RM100k for 2 years at an interest rate of 10%. A flat rate loan would take 100k multiplied by 10% annually, meaning I’ll pay 10k in interest in my first & second years. In total, I’ll be paying 20k worth of interest.

On the other hand, reducing balance loans work as their namesake. In the first year, you’ll be charged an interest of 10% * 100k, so RM10k. However, since you’ve already paid down some of the principal, which we’ll assume to be RM5k, the balance loan is only RM95k. In the second year, you’ll pay interest of 10% on the balance only, meaning an interest payment of RM9.5k.

This means that reducing balance loans are more favourable to the customers. However, we don’t get to decide this. Personal & vehicle loans are usually flat rates, whereas housing loans & ASB financing is usually a reducing balance method.

Now, let’s go on to why taking loans can be good for your finances. This idea popped up because when Proton recently launched their new X50 model, I’ve been super tempted to get one. And I was considering how much of a down payment I should put.

If i just followed standard personal finance advice off the internet, people would always say put down as much as you can or even more extreme, pay for the whole car in cash. I disagree.

You see, there’s this very important concept that people often overlook and its called opportunity cost. It’s something I learned from Economics class which basically means.. What is the cost of doing something over another?

Let’s say I decide to cut my own grass instead of hiring a gardener, I’d save some money for sure. But I would also be foregoing time I could be spending working on this YouTube channel to generate income. Is it really worth skimping on hiring a gardener then?

If I go to Baskin Robbins and choose chocolate flavored ice cream which btw is the best flavor, the opportunity cost is not getting all the other flavors.

Similar to the 2 examples I just mentioned, the opportunity cost of buying a vehicle in cash or paying a very heavy downpayment is the fact that I am forgoing the opportunity to put this money into an investment.

Now comes the important part. Will putting my money in investments benefit me more than saving on interest by paying for the car in cash? Short answer, yes it will.

“Wait what, how can you pay interest to the bank and be better off? That’s not how it works!”. A lot of people think that. Paying interest is not a bad thing guys. Rich people do it all the time, they utilize credit.

The key here is that the interest I’m paying to the bank is lower than the returns on my investment. Due to the weak economy, Bank Negara has reduced interest rates by so much where I can get 9 year car loans at less than 2.5% interest. This means that I’m paying the bank 2.5% of the amount I’m borrowing every year.

If we take the average 7% annual return on investments, we have a 4.5% spread where we’re making more money by taking the loan. Do note however that the 7% isn’t guaranteed, and it completely depends on how the market performs. However, Malaysians can opt for ASB where you will most definitely get returns beyond the 2.5% mark.

So how can you execute this? Let’s say you have the money to pay for a car outright. Buy it on loan, and put the cash in ASB. Withdraw the money as you need to pay for installments and at the end of the day, I guarantee you you will end up with more money compared to paying full cash.

Even if you don’t have the cash to pay for the car upfront, the concept is still the same. Reduce the monthly payment by as much as you can, meaning stretch out the loan period. Let’s say a 7 year loan has a monthly payment of RM700 and a 9 year loan is RM600.

Take the 9 year loan but commit to “paying” RM700 a month. Rm600 of this goes to your loan and RM100 goes to your investments like ASB. Even though you’re paying more interest with the 9 year loan, you’ll end up paying less for the car after factoring in your investment returns.

Millennial Finance

https://www.youtube.com/watch?v=VsZQeuCbj_I

Contact Kuwait Finance House (KFH) Personal Loan

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