KFH awarded Best Islamic Bank in Kuwait, Middle East

The award also serves to highlight the bank's services and products that raise the competitive bar in the professional aspect of the industry, in addition to the bank's social responsibility.

The magazine noted during the awards ceremony that has been held in Dubai recently, that KFH managed to cement its role and expand its local business field; especially that KFH was the first Islamic bank in Kuwait, and currently leads the Islamic banking field.

In addition, KFH succeeded in making regional accomplishments in the Middle East region, and established strong economic pillars through direct and indirect investments, which is evident by the fact that KFH-Turkey is considered to be one of the best models for overseas investments during the past two decades.

Meanwhile, International Banking General Manager Shaheen Al-Ghanem, who received the award, asserted that KFH is keen to share its experience in the markets that witness its presence, in addition to setting up firm pillars for Islamic banking that are based on human development of local employees.

He added, "The bank also seeks to offer services and products that meet the requirements of the market and the nature of business of companies, not to mention cementing social responsibility.
Moreover, Al-Ghanem stated that due to the aforementioned accomplishments, KFH is highly demanded worldwide, and its Shariah compliancy and professional performance underline its reputation; especially that Islamic banking has become a highly competitive field in the global economic arena."

Al-Ghanem stressed, "KFH will continue to follow its local, regional, and global expansion policy, in order to take advantage of the developments of the market and to seize available investment opportunities."

He explained, "This allows the bank to achieve high returns for depositors and shareholders, and revealed that KFH is looking into investment opportunities in emerging markets that witness high growth rates and encouraging legislations."

Picture: Al-Ghanem receiving the award
Kuwait Finance House (KFH)

KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneerin the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 310 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Australia, Jordan, Dubai, and Manheim in Germany.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.