Investor Presentaiton
ENVISAGED TRANSACTION STRUCTURE
September 2022
Phase 1
KFH
Shareholders
AUB
Shareholders
Phase 2
Islamic Banks
Conventional Banks
KFH
Shareholders
AUB Shareholders to be
consideration
Issued Shares in KFH as
KFH
Acquisition
of AUB
AUB
Key Steps for Phase 1
1 Acquisition of AUB by KFH via
share swap
KFH
AUB
September 2022 - September 2023
MTO to
remaining
shareholders in
100%
AUB Kuwait I
I
Other
Shareholders
KFH
Shareholders
KFH
100%
Phase 3
AUB
Other
Shareholders
KFHB
ΜΤΟΙ
Other
AUB
subsidiaries Iraq
AUB
UK
AUB
Egypt
AUB
Kuwait
Other
subsidiaries
AUB
Iraq
AUB
UK
AUB
Egypt
AUB
Kuwait
Conversion of business
Key Steps for Phase 2
Convert to
digital bank
1 Conversion of AUB Bahrain and its subsidiaries into Sharia'a compliant
businesses
Digital unlisted
bank
2024
KFH and AUB
Shareholders
KFH
100%
Statutory
Merger
AUB
Key Steps for Phase 3
1 Statutory merger
2
between KFHB and AUB
KFHB dissolved and its
assets and liabilities
assumed by AUB
البنك الأهلى المسجد
بيت التمويل الكويتي
Kuwait Finance House
23
23
ahli united bankView entire presentation