KFH market share increases as new competitors enter Islamic finance industry, says Al-Omar

He mentioned that the establishing or acquisition of a bank serves Islamic finance and proves KFH's success, not to mention adding a new dimension to the Kuwaiti economy. After KFH was established, many Shariah compliant companies were established, and there are many companies that are switching to Islamic finance. It is worth noting that the Kuwaiti market has three other Islamic banks, and the fourth is being established, but that was not on the expense of KFH's market share, since KFH's market share increased to reach 25% per year, which allowed KFH to be an international bank, especially after its success in the local market.

Moreover, Al-Omar added that KFH is glad that other banks and companies are becoming Shariah compliant, since there is a growing demand for Islamic products and services in Kuwait and the region, which will allow clients to select what suits them from various alternatives. He asserted that KFH has the human and financial resources that allow him to reinforce its status, especially after appointing a new batch of Kuwaiti youths to work at KFH's front lines or its call center. Such a move reveals KFH's trust in its Kuwaiti employees, especially after other senior KFH employees became leaders in the Islamic finance industry.

It is worth noting that KFH has 175 branches in 20 countries around the world, which allows it to be with its clients wherever they are. There are plans to train KFH's employees in overseas branches, so the employees can be exposed to various experiences and client segments.

Meanwhile, the reconstruction program representative stated that KFH sets an excellent example in supporting Kuwaiti employees by recruiting this group of youths, especially after they passed an intensive training course during the past months, which will encourage the new employees to exert their utmost efforts to demonstrate distinguished performance.

The Human Investment Company General Manager Ammar Al-Husseiny asserted that the relationship between his company and KFH reveal their care for the employees.

He added that self development is an important part of every employee's career, in order to assume senior positions, since KFH is considered to offer rewarding career moves.