KFH Labuan Launches Cash Management Solutions
Kuwait Finance House (Labuan) Berhad (KFH Labuan) has launched internet banking cash management solutions (CMS) which, it says, represents the first Shariah-compliant offshore internet banking portal for businesses with end-to-end financial solutions. KFH Labuan is a subsidiary of Kuwait Finance House (Malysia) Berhad (KFH Malaysia).
“CMS caters to the growing needs of the Labuan market,” said Dato’ Jamelah Jamaluddin, chief executive officer (CEO), KFH Malaysia. “The development is part of the bank’s overall strategy to reach beyond the limitations of its standard banking hours and geographical presence.”