Kuwait Finance House (KFH) Egypt offers a range of savings certificates that let customers invest their savings in Egyptian pounds or US dollars, with different tenors, profit rates and payout frequencies, helping customers choose the certificate that suits their needs and financial goals.

First: Al Aman certificate

1- Al Aman certificate details

  • Tenor: 3 years.

  • Minimum purchase: EGP 50,000.

  • Denominations: EGP 10,000 and multiples thereof.

  • Payout frequency: monthly.

  • Financing is available secured against the certificate, subject to the bank's terms.

  • Early redemption is available under the bank's published terms and conditions.

2- Expected profit rates on the Al Aman certificate

  • Year 1: 20%.

  • Year 2: 17%.

  • Year 3: 16%.

Second: Al Safwa certificate

1- Al Safwa certificate details

  • Tenor: 3 years.

  • Minimum purchase: EGP 50,000.

  • Denominations: EGP 10,000 and multiples thereof.

  • Payout frequency: monthly, quarterly or annual.

  • Financing is available secured against the certificate, subject to the bank's terms.

  • Early redemption is available under the bank's published terms and conditions.

2- Expected profit rates on the Al Safwa certificate

  • 18% a year, paid monthly.

  • 18.25% a year, paid quarterly.

  • 18.50% a year, paid annually.

Third: Al Bedaya certificate

1- Al Bedaya certificate details

  • Tenor: 3 years or 5 years.

  • Minimum purchase: EGP 5,000.

  • Denominations: EGP 1,000 and multiples thereof.

  • Payout frequency: monthly, quarterly, semi-annual or annual.

  • Financing is available secured against the certificate, subject to the bank's terms.

  • Early redemption is available under the bank's published terms and conditions.

2- Expected profit rates on the 3-year Al Bedaya certificate

  • 16% a year, paid monthly.

  • 16.25% a year, paid quarterly.

  • 16.50% a year, paid semi-annually.

  • 16.75% a year, paid annually.

3- Expected profit rates on the 5-year Al Bedaya certificate

  • Monthly payout: 8.25% a year, paid monthly.

  • Quarterly payout: 8.50% a year, paid quarterly.

  • Semi-annual payout: 8.75% a year, paid semi-annually.

  • Annual payout: 9% a year, paid annually.

Fourth: Al Khair 3-year certificate

1- Al Khair 3-year certificate details

  • Tenor: 3 years.

  • Minimum purchase: EGP 5,000.

  • Denominations: EGP 1,000 and multiples thereof.

  • Payout frequency: monthly or quarterly.

  • Floating profit rate linked to the CBE corridor deposit rate.

  • Financing is available secured against the certificate, subject to the bank's terms.

  • Early redemption is available under the bank's published terms and conditions.

2- Expected profit rates on the Al Khair 3-year certificate

  • Annual profit rate, paid monthly: corridor deposit rate minus 0.50%.

  • Annual profit rate, paid quarterly: corridor deposit rate.

Fifth: Al Nokhba certificate

1- Al Nokhba certificate details

  • Tenor: 3 years.

  • Minimum purchase: EGP 50,000.

  • Denominations: EGP 10,000 and multiples thereof.

  • Payout frequency: daily or monthly.

  • Floating profit rate linked to the CBE corridor deposit rate.

  • Financing is available secured against the certificate, subject to the bank's terms.

  • Early redemption is available under the bank's published terms and conditions.

2- Expected profit rates on the Al Nokhba certificate

  • Annual profit rate, paid daily: corridor deposit rate plus 0.50%.

  • Annual profit rate, paid monthly: corridor deposit rate plus 0.75%.

Sixth: Al Mostakbal certificate

1- Al Mostakbal certificate details

  • Tenor: 3 years or 4 years.

  • The profit is paid upfront in a single payment.

2- Expected profit rates on the Al Mostakbal certificate

  • 3-year tenor: 34% profit, paid upfront.

  • 4-year tenor: 39% profit, paid upfront.

Seventh: Al Tharwa USD certificate

1- Al Tharwa USD certificate details

  • Currency: US dollar.

  • Tenor: 3 years or 5 years.

  • Minimum purchase: USD 1,000.

  • Payout frequency: monthly or quarterly.

  • Available to individuals and companies, subject to the bank's terms.

  • Financing is available secured against the certificate, under the published terms and conditions.

2- Expected profit rates on the 3-year Al Tharwa USD certificate

  • Annual profit rate, paid monthly: 4.50%.

  • Annual profit rate, paid quarterly: 4.60%.

3- Expected profit rates on the 5-year Al Tharwa USD certificate

  • Annual profit rate, paid monthly: 4%.

  • Annual profit rate, paid quarterly: 4.10%.

Banky's view

Kuwait Finance House – Egypt's certificates are varied to suit different customer needs. The Al Aman certificate offers a declining expected profit rate starting at 20% in the first year, while the announced rate on the Al Safwa certificate reaches 18.50% a year. The Al Bedaya certificate offers several choices of tenor and payout frequency, while the Al Mostakbal certificate suits customers who want their profit upfront. The profit on the Al Khair and Al Nokhba certificates is linked to the corridor deposit rate, and the Al Tharwa USD certificate offers a way to save in US dollars.