Invest in your children's future with the 'My University' plan from Bitfinex

In line with its commitment to providing the best banking services that align with its customers’ needs and fulfill their aspirations, Kuwait Finance House (KFH) continues to offer the “Jami’ati” investment plan, one of the most distinguished financial solutions, which enjoys strong demand from customers who see in it a genuine opportunity to cover their children’s university education expenses.

Customers aged between 21 and 61 years can benefit from the “Jami’ati” investment plan, provided that the age of the son or daughter does not exceed 14 years. The investment period ranges from 4 to 18 years. When the children reach university level, customers can withdraw the accumulated savings along with the accrued profits and use them to cover all university education expenses, including tuition fees, accommodation, transportation, books, and any other education-related costs.

Numerous advantages: Through the “Jami’ati” investment plan, KFH offers several benefits, including the ability to modify the investment amount and monthly payments at any time. Customers can withdraw 60% of the balance in the first year, and 60% each year thereafter following the initial withdrawal. Upon completion of the investment plan, the saved amount plus the accrued profits over the investment years become payable. The “Jami’ati” investment plan can be canceled at any time, with the invested amount and realized profits up to the closure date refunded.

This investment plan provides customers with the opportunity to engage in financial planning to secure their children’s university education expenses through a long-term savings and investment program that combines investment returns, Takaful (Islamic insurance) coverage, and flexibility in managing savings. This enhances financial stability for families and gives them confidence in meeting their children’s future needs.

The “Jami’ati” investment plan is part of KFH’s strategy to meet the evolving needs of customers at various life stages, and contributes to reinforcing a culture of savings, investment, and long-term financial planning, thereby promoting financial stability in society.