"Jamiaty" Plan from "Bayt Al-Mal" Investment in the Scientific Future of Children

- The plan targets clients aged 21 to 61, with an investment period ranging from 4 to 18 years.

- It allows for the withdrawal of 60% of the balance in the first year, and 60% annually thereafter following the initial withdrawal.

Committed to delivering the highest-quality banking services that align with its clients’ needs and aspirations, Kuwait Finance House continues to offer its “Jami’ati” investment plan, one of the most distinguished financial solutions, which has attracted significant interest from clients who see in it a genuine opportunity to cover their children’s university education expenses.

Clients aged between 21 and 61 can benefit from the “Jami’ati” investment plan, provided that their child is no older than 14 years old.

The investment period ranges from 4 to 18 years. When their children reach university level, clients can access the accumulated savings and profits to cover 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 adjust 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 after the initial withdrawal. Upon completion of the investment plan, the saved amount plus the accumulated profits over the investment period become payable.

Clients may also cancel the “Jami’ati” investment plan at any time and recover their invested amount along with any profits realized up to the date of cancellation.

The investment plan provides clients with the opportunity to engage in long-term savings and investment planning to secure their children’s university education expenses. It 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.

“Jami’ati” is part of Kuwait Finance House’s strategy to meet the evolving needs of clients at various life stages, and it contributes to fostering a culture of savings, investment, and long-term financial planning, thereby strengthening financial stability within society.