Kuwait Finance House - Bahrain (KFH-Bahrain), unveiled today a new brand identity for ' Baytik Ijara Card', the first Islamic financing card that allows cardholders to acquire durable goods on a lease-to-own basis. Mr. Khalid Rafea, Executive Manager and Head of Banking Group at KFH-Bahrain, commented "Kuwait Finance House - Bahrain has ambitious expansion plans for the Baytik Ijara Card, including significantly increasing the number of the retail sectors and merchants accepting the card across the country. The aim is to meet the increasing demand for Islamic financing services." 'The purpose of the Baytik Ijara Card re-launch is to introduce an exciting new financing facility from KFH - Bahrain that enables customers to purchase durable goods, such as household appliances and electrical items, and make the repayments over an agreed period of time. What is exciting and beneficial for the customer is the fixed low profit rate - an incredible 0.7% - and the prospect of investing in their future without exposure to fluctuating interest rates", he added. He noted: "KFH - Bahrain was the first Islamic bank to provide such a unique and distinguished financing service". Commenting on the new brand, Mr. Rafea said "The brand colour integrates extremely well with KFH's overall corporate identity. It also reflects various aspects of the Baytik Ijara concept, as it is dynamic, vibrant, Islamic, modern and contemporary." KFH-Bahrain's first Ijara card was initially launched in 2004, this Islamic compliant card allowed the customer the convenience to make purchases at hundreds of approved merchant vendors, outlets and franchises throughout the Kingdom, with the flexibility to pay back the amount depending on the period of their choice, which can range from 1 to 24 months. The monthly Ijara installments comprise of the principle, and the Ijara profit, which are equally distributed over the Ijara period. The enhanced flexibility and speedy processing time make the application for Baytik Ijara Card very simple and straight forward. Simply download, print, and fill out the Baytik Ijara Application form, or visit one of many KFH - Bahrain branches. Baytik Ijara Card provides credit limits of up to six salaries.