Kuwait Finance House PLC

United KingdomUnited Kingdom(AA)
Deposit amount: Min. £1,000 – Max. £85,000
Protection limit: Up to £85,000 payout in GBP

Sharia account

logo of Kuwait Finance House PLC

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Rate
Duration
Deposit Guarantee
Product Type

Rate

4.30% p.a.

Duration

9 Months

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Fixed Term

Product Type

Fixed Term

Rate

4.34% p.a.

Duration

1 Year

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Fixed Term

Product Type

Fixed Term

Bank Details

Kuwait Finance House (KFH) is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant Banking. KFH is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world. Today, its range of British banking services include Private Banking, Wealth Management, Residential Property Finance, Commercial Property Finance and Premium Banking services. Deposits made into savings accounts offered by Kuwait Finance House PLC through the platform are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person, per banking group.

Security & Deposit Protection

The FSCS is the United Kingdom’s statutory deposit guarantee scheme. If an FSCS-protected bank fails or is unable to meet its financial obligations, the FSCS can provide compensation for eligible customer deposits up to a limit of £85,000 per person, per bank. The FSCS’ £85,000 protection limit applies to all deposits held with a bank (including current and savings accounts), as well as any deposits held with intermediaries of the same bank (for example, where a bank operates multiple banks under different trading names). Read our dedicated FAQ page to learn more about the FSCS.

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