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In the news..
KFH Wins World`s Best Private Bank for Islamic Services Award
Kuwait Finance House (KFH) has won the "World`s Best Private Bank for Islamic Services" award for 2026 from the Private Banker International Global Wealth Awards organized by MEED. Both Private Banker International and MEED are under the same parent company GlobalData. The recognition reinforces KFH's leading position in private banking and wealth management and reflects its success in providing Sharia-compliant banking and investment solutions that meet the highest international standards. It also highlights the Bank's ability to serve the needs of high-net-worth and ultra-high-net-worth clients through its international network. KFH received the award following a rigorous evaluation by an independent judging panel. The criteria focused primarily on the successful delivery of a comprehensive range of Sharia-compliant banking and investment solutions; the Bank's extensive presence across Middle Eastern, Asian and European markets; and its relationship-driven approach, built on long-term client partnerships and supported by specialized banking expertise, innovative digital solutions and a distinctive banking experience tailored to clients' diverse aspirations and needs. KFH General Manager Private Banking, Wealth Management and Individual Financing Kuwait, Hamad Mohammed Alghannam, said the award reflects KFH's strong global standing and the success of its strategy to be a premier provider of Sharia-compliant private banking and wealth management services. He noted that the Bank remains committed to continuously enhancing its services and investment solutions to help preserve and grow clients' wealth while supporting them in achieving their long-term financial goals. “Keeping pace with economic and investment developments and delivering greater value to clients, KFH provides a comprehensive suite of private banking and wealth management services. These include regional and global investment portfolio management, international equity funds and real estate, Ijara and trade finance solutions, treasury and investment services, as well as a wide range of investment opportunities and solutions across local and global markets,” Alghannam added. He emphasized that the achievement will further drive KFH to innovate and develop financial and investment solutions that respond to customers' aspirations and capitalize on promising opportunities in regional and global markets. He noted that the award adds to KFH's track record of international recognition, reflecting its leadership in Islamic banking and its excellence in delivering investment and banking services to the highest standards of professionalism and quality. This is further supported by the Bank's advanced technology infrastructure and extensive industry expertise. Evaluation and Criteria The Private Banker International Global Wealth Awards are assessed by an independent panel of senior industry experts. All entries are scored independently by each panel member. Scores are aggregated and discussed in a final panel moderation session. Where entries are particularly close, a second review is conducted and winners are confirmed by the panel chair. For the Best Private Bank for Islamic Services category globally, the evaluation criteria focus on an institution's ability to provide an integrated and reliable wealth management ecosystem that complies with the principles of Islamic Sharia. The assessment covers investment and financing solutions, the quality of client services, the breadth of Islamic products, the effectiveness of the Sharia governance framework, the qualifications of the Sharia board, the effectiveness of fatwa issuance and Sharia supervision procedures, compliance with relevant regulatory requirements, and the institution's success in serving a clearly defined and growing client base seeking Sharia-compliant financial solutions. Private Banker International Awards Now in their 36th year, the Private Banker International awards are among the leading global accolades in the wealth management and private banking sector. The awards bring together private banks, independent wealth managers, family offices and asset management firms from around the world to recognize institutions and individuals that set benchmarks for excellence in client service, investment performance and strategic innovation. Private Banker International is a specialized media platform and brand focused on wealth management and private banking. It operates under GlobalData, a global parent company.
KFH Offers Hajj and Umrah Financing Up to KD 25,000
As part of its commitment to delivering innovative financing solutions that fulfill customer aspirations and diverse needs, Kuwait Finance House (KFH) offers Hajj and Umrah financing to help customers and their families perform these rituals easily and conveniently. This service covers all related expenses through cooperation with selected certified Hajj and Umrah campaigns. Executive Manager Personal Finance Products at KFH, Abdulaziz Alsaeed said that Hajj and Umrah financing reflects the bank's commitment to providing innovative, Sharia compliant solutions. These offerings are designed to meet customer needs and facilitate comfortable ritual performance through competitive benefits and flexible options. He added that the service is distinguished by a range of features that enhance the flexibility of customers' financial planning. KFH provides financing of up to KD 25,000, with convenient monthly instalments extending up to 5 years, and a competitive profit rate. This delivers added value to customers and accommodates the needs of various segments. Alsaeed explained that the financing enables customers to enjoy exclusive offers with leading Hajj and Umrah campaign operators, providing diverse choices and comprehensive services to ease their spiritual journey. He noted the option to add the KFH Pass service to the financing granting customers the advantage of deferring one instalment annually which provides greater flexibility in managing financial obligations according to diverse needs and circumstances. Additionally, Alsaeed stated that obtaining the financing requires the original Civil ID, a salary certificate, and a price quotation from a campaign or company cooperating with KFH. He emphasized that the launch of the service reflects KFH’s commitment to developing financing solutions that respond to customers’ needs and make it easier for them to meet their personal and religious requirements. It also reinforces the bank's leadership in providing comprehensive and Sharia-compliant banking services. Through this service, KFH reinforces its pioneering role in developing specialized financing products that elevate customer experience and deliver innovative solutions to help them achieve goals and fulfill their diverse lifestyle needs.
KFH Showcases Its Leading Banking Experience at the IMF and World Bank Annual Meetings
Kuwait Finance House (KFH) Group announced its participation in the 2026 Annual Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group through a high-level delegation representing the Group. The meetings are scheduled to take place from 12 to 18 October 2026 in Bangkok, Thailand, with the attendance of finance ministers, central bank governors, banking leaders, and financial decision-makers from around the world. The KFH delegation participating in the meetings will include, the Chairman, Hamad Abdulmohsen Al Marzouq, Group Chief Executive Officer, Khaled Yousif Alshamlan, Deputy Group CEO Treasury and Financial Institutions, David O'Loan, Chief Treasury Officer Kuwait, Ahmad Al-Sumait, KFH Capital Chief Executive Officer, Abdullah Al-Haddad, and Head of KFH Group Public Relations and Media, Yousef Al-Ruwaieh. This participation reinforces KFH’s international presence and underscores its leading position on both the regional and global stage as a world-leading Islamic banking group. KFH operates in 10 countries worldwide, most notably Kuwait, Bahrain, Egypt, Türkiye, the United Kingdom, and Germany, supported by an extensive network of more than 600 branches. The Group continues to pursue a clear strategic vision aimed at strengthening its position among the world’s top 100 banks in the coming years. The participation also reflects KFH’s ongoing commitment to strengthening its presence at international economic forums and showcasing its pioneering banking experience. It further highlights the pivotal role Islamic finance plays in promoting financial stability and supporting sustainable development pathways. The World Bank Group and IMF Annual Meetings also provide a valuable opportunity to explore cooperation and partnership prospects with global financial institutions, while highlighting the role of the Islamic banking industry and KFH’s extensive experience in Islamic finance. KFH’s global presence has been affirmed by its ability to sustain growth, drive innovation, and keep pace with transformations in the financial sector, positioning the Group as a model capable of contributing to sustainable development. The meetings also offer an opportunity to showcase the strength of the Kuwaiti economy and the resilience of its financial and banking system. KFH Group’s delegation is expected to participate in a series of meetings attended by finance ministers, central bank governors, and senior executives of major financial institutions from across the globe to discuss ways to enhance growth prospects, while addressing a range of issues related to economic development and the advancement of the financial and banking sectors. KFH will also participate in the Gulf-Asia Economic Forum through a session entitled “Banking, Investment and Digital Infrastructure,” featuring a distinguished group of officials and representatives from investment and technology institutions across the GCC countries and Asia.
KFH Participates in Press Conference Announcing the Second Edition of the “Ma’a Al-Talaba” Show
Kuwait Finance House (KFH) participated in the press conference announcing the launch of the second edition of the long-standing ‘Ma’a Al-Talaba’ show, held in partnership and collaboration with the Ministry of Education, the Ministry of Information, and VO Platform. Speaking during the press conference, Head of Group Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh, said: “KFH’s role as a strategic partner of the ‘Ma’a Al-Talaba’ show underscores our leadership in social responsibility and our commitment to supporting students and various youth and educational initiatives that create a lasting impact.” Al-Ruwaieh explained that, through its comprehensive social responsibility program, KFH places students and education at the forefront of its priorities as a key pillar of the Bank’s social responsibility strategy. He added: “KFH is keen to launch initiatives and programs aimed at supporting students and developing their capabilities through strategic partnerships with numerous universities, as well as participation in seminars and workshops that contribute to enhancing the academic and professional performance of students and graduates.” Al-Ruwaieh expressed KFH’s pride in its rich record of programs and initiatives designed to empower youth and develop their capabilities as part of the Bank’s strategy to achieve sustainable development. In conclusion, Al-Ruwaieh extended his sincere thanks and appreciation to all those responsible for launching the ‘Ma’a Al-Talaba’ show, wishing them continued success and prosperity.
