Kuwait Finance House Continues to Present the 'Jami'ati' Investment Plan
In its commitment to delivering the best banking services that align with its customers’ needs and fulfill their aspirations, Kuwait Finance House 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 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 to cover all university education expenses, including tuition fees, accommodation, transportation, books, and any other education-related costs.
Through the “Jami’ati” investment plan, Kuwait Finance House offers several advantages, including the ability to modify the investment amount and monthly installments at any time, as well as the option to 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 profits accumulated over the investment years become payable. The plan can also be canceled at any time, with the invested amount and any profits realized up to the cancellation date being refunded.
This investment plan provides customers with the opportunity to financially plan for their children’s university education through a long-term savings and investment program that combines investment returns, Takaful coverage, and flexibility in managing savings, thereby enhancing family financial stability and giving them confidence in meeting their children’s future needs.
The “Jami’ati” investment plan is part of Kuwait Finance House’s strategy to meet the evolving needs of customers at various life stages, and it contributes to reinforcing a culture of savings, investment, and long-term financial planning, thereby promoting financial stability within society.
