Kuwait Finance House–Bahrain signed a Memorandum of Understanding with Applied Science University (ASU) to provide education financing to support both current students and those who wish to enroll at the university in the near future.

The signing ceremony was held at KFH-Bahrain's headquarters at the Bahrain World Trade Center on the 21st of July 2022, attended by Mr. Abdulrahman AlKhan, Head of Cards & E-Channels,  and Dr. Mohammed Youssif, VP for Administration, Finance and Community Engagement at the Applied Science University.

Commenting on the occasion, Dr. Mohammed Youssif, VP for Administration, Finance and Community Engagement at the Applied Science University said: “This partnership with Kuwait Finance House-Bahrain will contribute to facilitating students' enrollment in the academic programs of the university, as it will push them forward on their educational journey, which will contribute to their development and career growth afterwards. Therefore, we thank KFH-Bahrain for their efforts and endeavors to provide adequate financing solutions to our current and prospective students.”

KFH-Bahrain’s Education Financing Program aims to facilitate and support students to pursue their academic education at prestigious universities and higher education institutions in Bahrain and abroad. The Shari’a-compliant financing program comes with an exclusive 2-year profit-accruing grace period and includes financing of up to BD 30,000 at low rates.

Mr. Abdulrahman AlKhan, Head of Cards & E-Channels at KFH-Bahrain stated: “We continue our efforts to cater to market needs and exceed our customers' expectations by providing them with a superior banking experience. Our partnership with the Applied Science University aims to support students to complete their academic education through their enrollment in one of the prestigious universities in the Kingdom. This step comes in line with our efforts to support the education sector and contribute to the development of future leaders.”

The Applied Science University establishment in 2004, and it has been accredited by the Higher Education Council in the Kingdom of Bahrain. For more information, please call 7777 7777