The revamp of the application comes in line with KFH-Bahrain’s strategy to support the FinTech sector in the Kingdom of Bahrain.
Manama, Bahrain : Kuwait Finance House – Bahrain, a leading Islamic bank in the Kingdom, has revamped its mobile application “KFH Jazeel Banking”, the first integrated Fintech digital banking platform in the Kingdom of Bahrain, with an aim to place customer needs and experience as a key element in product development. The revamp of the application comes in line with KFH-Bahrain‘s strategy to support the FinTech sector in the Kingdom of Bahrain.
One of the key features of the newly revamped mobile application is the customer’s ability to apply for Tamweely Personal Finance with an immediate initial approval. The feature includes a smart calculator that provides the maximum financing amount for each customer. At the same time, customers can also pay off their current financing obligations from other financing organizations in Bahrain directly through Jazeel. In addition, the new update provides a more fluid and intuitive user-friendly interface that can be easily navigated in both languages Arabic and English, enables customers to perform several new banking services, which includes re-activating dormant accounts, updating the account holder info, known as KYC (Know-Your-Customer). In addition, customers can instantly transfer money using only mobile numbers of KFH-Jazeel users and notify those who want to conduct any money transfers.
Mr. Abdulhakeem AlKhayyat, the Managing Director and CEO of KFH-Bahrain revealed, “We always aim to enhance our customers’ experiences by offering the latest banking products and services that meet their needs. KFH Jazeel is the first application in Bahrain that provides customers with the opportunity to apply for personal finance within 10 minutes only. Launching the new app reiterates our commitment towards continuously developing the “KFH Jazeel” platform by offering unique services and introducing customers to a sustainable community banking concept.”
The application also enables GCC customers to conduct banking transactions and access financial services within the Kingdom of Bahrain, as well as open and manage savings accounts, open Wakala Investment accounts, issue Credit Cards, alongside various other banking services, creating a true digital banking experience.
Kuwait Finance House-Bahrain provides Islamic commercial and investment banking services. Established in 2002 as a wholly owned subsidiary of Kuwait Finance House-Kuwait; which was established on 1977; KFH-Bahrain specializes in developing and bringing to market the highest quality Islamic compliant banking and investment products, all of which are delivered by a staff of experienced and dedicated professionals with a deep understanding of the market and the clients we serve.© Press Release 2020