Germany
Malaysia
Turkey
Egypt
UK
Kingdom of Bahrain
KFH Rewards
KFH Rewards Prepaid Card is part of the KFH Rewards Program, where customers can earn 10 points for every KD 1 spent when using the card for all purchases, locally and internationally. Moreover, customers will receive 1,000 welcome points upon card issuance.
Al-Hassad Account
Invest in the AL-HASSAD account and automatically enter our monthly, semi-annual, and annual draws.
KFHOnline application
- Local & International transfers
- Open accounts and deposits
- Instant virtual cards issuance
- Buy and sell gold
- Cardless withdrawal and deposit
- Send and request money
Scan the QR code
A collection of services and tools to meet your requirements
In the news..
KFH Reports Net Profit Attributable to the Shareholders of the Bank of KD 523.4 Million for the End of Q3 2026
Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al-Marzouq announced that KFH has, by the grace of Allah, achieved a net profit for shareholders of KD 523.4 million up to the end of the third quarter of 2026, an increase of 6.2% compared to the same period last year. These profits are the highest in the Kuwaiti banking sector. Earnings per share up to the end of Q3 2026 reached 27.56 fils; an increase of 5.4% compared to the same period last year. Net financing income up to the end of Q3 2026 reached KD 989.5 million; an increase of 4.8% compared to the same period last year. Total operating income up to the end of Q3 2026 increased, supported by an increase in all core activities to reach KD 1,452.2 million; an increase of 6.7% compared to the same period last year. As a result of disciplined cost management and expense optimization efforts, total operating expenses decreased by 3.0% compared to the same period last year. Consequently, net operating income increased to KD 1,004.7 million, reflecting a growth of 11.7% compared to the same period last year. Driven by the growth in total operating income and decrease in total operating expenses, the Group’s cost-to-income ratio improved to 30.8% till the end of Q3 2026, compared to 33.9% in the corresponding period of the previous year. Financing receivables as of the end of Q3 2026 reached about KD 23.4 billion, an increase of 7.5% compared to the end of last year. As of the end of Q3 2026, total assets amounted to KD 43.8 billion, an increase of 2.4% compared to the end of last year. As of the end of Q3 2026, shareholders’ equity amounted to KD 5.7 billion. Depositors’ accounts amounted to KD 22.7 billion as of the end of Q3 2026, an increase of 7.8% compared to the end of last year. The capital adequacy ratio reached 17.22% which is above the limit required by regulators. This ratio confirms the solid capital base of KFH. Successful Strategy Al-Marzouq said KFH's strong performance through the end of Q3 2026 demonstrates the success of its strategy and its ability to deliver sustainable, balanced growth. It also reflects improved operational efficiency and optimal use of resources and assets, strengthening the Bank's financial position and its standing in the banking sector. He added that the continued strong results highlight the resilience of KFH's business model and its agility in responding to economic and geopolitical changes, alongside efficient risk management and adherence to the highest standards of governance. The results, he noted, reflect a clear strategic approach built on responsible growth and maximizing value for shareholders and customers. Building Sustainable Value Al-Marzouq explained that the Group's strategy takes a long-term view, aiming to build sustainable value, strengthen the Bank's competitiveness, and sustain its growth momentum. The Group is pursuing this through investing in business and service development, accelerating digital transformation, improving operational efficiency, and developing human capital. He affirmed that KFH will keep executing its strategic plans with confidence, drawing on its strong financial position, diversified business, and accumulated expertise. It will maintain its responsible approach to growth and reinforce its role in supporting the national economy, further strengthening the trust that shareholders, customers, and the wider community place in the Bank. Improving Business Environment Al-Marzouq noted that positive developments in Kuwait's business environment, together with supportive legislative and regulatory measures for economic and financial activity, are key enablers helping the private sector and financial institutions grow and contribute to economic development. These measures include the Real Estate Financing Law and the Sukuk Law, preceded by the law permitting borrowing from the Future Generations Fund and the Financing and Liquidity Law. He highlighted the importance of the Sukuk Law, which introduces a Sharia-compliant sovereign financing instrument, broadens the local and international investor base, and paves the way for an Islamic sovereign yield curve that will support future issuances by corporations and financial institutions. Leadership in Corporate Social Responsibility Al-Marzouq reaffirmed KFH's commitment to supporting national initiatives and projects of strategic impact, strengthening cooperation between state institutions and the private sector, serving the national interest, and advancing sustainable development in Kuwait. He cited several strategic national and community initiatives, including KFH's $13 million contribution to the Kuwait Emergency Response Fund, launched by the Kuwait Fund for Arab Economic Development, and an additional $6 million contribution to repair damaged power stations. He noted that KFH's community work has earned prestigious international recognition: Global Finance named the Bank World's Best Islamic Bank for CSR 2026, in recognition of its exceptional efforts, clear impact, and leadership in social responsibility across the markets where it operates. Resilience of the Business Model KFH Group Chief Executive Officer, Khaled Yousef AlShamlan said the Bank's strong performance through the end of Q3 2026 and its continued profit growth reaffirm its operational efficiency and the strength of the Group's business model. They show its ability to deliver solid, sustainable results despite the economic and geopolitical challenges facing the region and Kuwait, supported by high operational efficiency and agility in responding to market changes. Diversified Revenue Streams AlShamlan added that the Group's diversified revenue sources and geographic reach, spanning 10 countries with a network of more than 600 branches, are key pillars of stable performance and income growth. The Bank also continues to develop its financing and credit capabilities to meet the diverse needs of retail and corporate customers. Digital Banking Milestones AlShamlan said KFH continues to achieve significant milestones in digital banking, backed by ongoing investment in technology and innovation to enhance the customer experience, raise operational efficiency, and keep pace with rapid change in the banking sector. He noted that the Bank has built an integrated digital transformation model grounded in a clear, customer-centric vision and tangible operational results. In a single year, KFH processed more than 600 million digital transactions and offered over 200 fully integrated digital services through KFHOnline, making digital channels the primary banking choice for customers. Award-Winning Performance AlShamlan noted that the Bank's outstanding performance continues to be recognized with international awards. Among the most prominent, KFH ranked No. 1 Best Performing Bank in Kuwait in The Banker magazine’s 2026 list of the Top 100 Arab Banks, and won Euromoney awards for Wealth Management, ESG, and Digital Banking. It was also named World's Best Islamic Bank by Global Finance and Best Digital Bank in Kuwait by MEED, among many other global accolades that reflect its leading international standing. Acknowledgments AlShamlan thanked the Board of Directors for its support and commended the regulatory authorities for their role in supporting the banking sector. He also praised the efforts of the Executive Management, all employees, and every partner and stakeholder for their vital role in meeting the aspirations of shareholders and customers, maintaining KFH's leadership, and strengthening its standing locally, regionally, and globally.
KFH Wins “World’s Best Islamic Bank” Award for 2026 from Global Finance
Kuwait Finance House (KFH) Group has been crowned with 7 prestigious awards by the international magazine Global Finance as part of the 19th annual awards for the World's Best Islamic Financial Institutions for 2026, reaffirming the Group's leadership and unique standing in the global Islamic finance sector. The awards are: • World’s Best Islamic Bank • World’s Best Islamic Corporate Bank • World’s Best Islamic Bank for CSR • World’s Best Islamic Project Finance Provider • Best Islamic Bank in Kuwait • Best Islamic Bank in Bahrain (KFH - Bahrain) • Best Islamic Bank in Turkey (KFH - Turkey) The awards reflect the success of a strategy anchored in AI-driven digital transformation, strengthening integration across the Group and maintaining a strong customer focus. They also drive KFH to achieve greater milestones and further strengthen its leading role in the global Islamic financial industry. KFH Chief Treasury Officer - Kuwait Ahmad Eissa Alsumait, KFH Head of Group Public Relations and Media, Yousef Abdullah Al-Ruwaieh, Chief Executive Officer at KFH - Turkey Ufuk Uyan, and Deputy Group CEO – Treasury & Investments at KFH Bahrain, Bassam Aali received the awards during a ceremony held on the sidelines of the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok, Thailand. The recognition reflects KFH’s continued efforts to advance sustainability, governance and digital innovation, while maintaining strong financial performance and balanced, sustainable growth across its various markets. The World’s Best Islamic Bank 2026 award recognizes KFH’s leadership in Islamic banking and its excellence in providing innovative financial products and services that comply with Islamic Sharia principles. It also reflects the success of its strategy to achieve sustainable growth and its ability to adapt to changing economic conditions and operational challenges across its various markets, supporting its ambition to rank among the world’s top 100 banks. The awards for Best Islamic Bank in Kuwait, Best Islamic Bank in Bahrain and Best Islamic Bank in Turkey highlight the strong performance and achievements of the Group’s subsidiaries in their respective markets, under a unified yet flexible strategy tailored to the characteristics of each market. KFH holds a leading position as a global financial institution, operating through a network spanning 10 countries. It maintains strong financial strength and competitive performance, reflected in its highest-ever profits at the level of the banking sector and the Kuwaiti market, as well as its leading position among banks and private sector companies in Kuwait by market capitalization, which reached a record level exceeding KD 15 billion. The World’s Best Islamic Corporate Bank award reflects growing global confidence in KFH’s capabilities and its excellence in developing long-term strategic partnerships with corporate clients and providing advanced financial solutions that support business expansion and strengthen competitiveness in local and international markets. KFH continues to deliver strong performance in corporate banking, supported by strategic growth and an established leadership position, while continuing to innovate in Islamic finance solutions and lead several major financing transactions that have strengthened its role in supporting economic development. The World’s Best Islamic Project Finance Provider award highlights KFH’s leading role in financing major projects and its significant contribution to the development of strategic sectors in Kuwait and across the region. The Bank is a key financing partner for the oil and gas sector, infrastructure, urban development, services and other vital sectors. KFH provides comprehensive corporate banking services supported by digital transformation and flexible financing solutions that address the needs of various economic sectors and contribute to sustainable development. It also delivers enhanced banking experience to corporate customers through the eCorp electronic platform, which has recorded strong adoption, particularly following the launch of its upgraded electronic services and mobile application. KFH also plays a strategic role in supporting small and medium-sized enterprises (SMEs), through initiatives launched with funding from the Bank. KFH Head of Group Public Relations and Media, Yousef Abdullah Al-Ruwaieh, said the 2026 World’s Best Islamic Bank for CSR award reflects the success of KFH’s efforts in corporate social responsibility, highlights its strong presence and leadership in this area across the markets in which it operates, and embodies its vision of CSR as a strategic pillar of its business model. This approach reinforces KFH’s position as a leading financial institution that combines economic growth with sustainable community impact. Al-Ruwaieh explained that winning the World’s Best Islamic Bank for CSR award reaffirms KFH’s leadership and excellence in integrating corporate social responsibility into its business model through impactful initiatives in community development, education and healthcare, youth empowerment, entrepreneurship, environmental protection, women’s empowerment, digital skills development among children and young people, and volunteer work. These efforts are complemented by the adoption of leading Environmental, Social and Governance (ESG) practices and the implementation of awareness and community initiatives designed to deliver a sustainable impact aligned with development goals, further strengthening KFH’s role as a leading institution and role model in social responsibility. Al-Ruwaieh emphasized that the recognition adds to KFH’s track record of achievements and reinforces its commitment to developing community initiatives and building purposeful partnerships that contribute to creating sustainable value for society. Al-Ruwaieh explained that KFH continues to play a pioneering national role in supporting social infrastructure and enhancing community welfare and quality of life through strategic initiatives and significant investment in corporate social responsibility. These long-term commitments reflect an approach that extends well beyond the traditional concept of CSR. Key strategic social initiatives include: - Supporting the Kuwait Emergency Response Fund with a financial contribution of $13 million, in addition to a further $6 million to repair damaged power stations. - Contributing more than KD 61 million to settle various debts owed by insolvent debtors. - Contributing nearly KD 8 million to reconstruct the damaged area of Souq Al-Mubarakiya. - Contributing KD 20 million to establish 15 ambulance centers. - Making the largest contribution to the government effort support fund during the COVID-19 crisis, amounting to KD 10 million. - Supporting a sustainable environmental initiative to develop Al-Wataniya Square. - Establishing and equipping the tenth ward at the Addiction Treatment Center, completing the Bank’s initiative to establish the center in 2005. - Providing $20 million to the Kuwait Red Crescent Society to support relief efforts for earthquake victims in Turkey and Syria. - Implementing various cooperation programs with the Kuwait Red Crescent Society, the United Nations Development Programme (UNDP) and the United Nations High Commissioner for Refugees (UNHCR). - Continuing its pioneering role in providing community contributions to the Kuwait Foundation for the Advancement of Sciences (KFAS), the Manpower Government Support Program, the Institute of Banking Studies and various other community initiatives that reinforce KFH’s leadership in social responsibility. “As Islamic Finance continues its rapid growth, the leading organizations are focusing on digitalization, product innovation, and expanded commercial banking services,” said Joseph D. Giarraputo, founder and editorial director of Global Finance. “Global Finance’s annual World’s Best Islamic Financial Institutions awards honor the institutions that are improving efficiency, attracting new customers, and best serving their clients." About Global Finance Global Finance, founded in 1987, has a circulation of 50,000 readers in 185 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 39 years of experience in international financial markets. Eligibility Quantitative criteria included growth in assets, profitability, geographic reach, strategic relationships, new business development, and innovation in products. Among the subjective criteria considered were reputation, customer satisfaction, and the opinions of analysts and others involved in the industry. All selections were made by the Global Finance editorial team after extensive consultations with bankers, corporate finance executives, and analysts worldwide. Entry submissions from Islamic Financial Institutions were also considered.
Al-Marzouq: GCC and Asia Poised to Build a Stronger Economic Corridor Backed by Banking, Investment and Digital Connectivity
Chairman of the Kuwait Banking Association (KBA), and Chairman of Kuwait Finance House Group (KFH Group), Hamad Abdulmohsen Al-Marzouq, emphasized the growing strategic importance of GCC-Asia relations and the pivotal role of the banking sector in strengthening economic integration between the two regions. He made these remarks in his opening address at the GCC-Asia Economic Forum: Banking, Investment and Digital Infrastructure, held in Bangkok on the sidelines of the 2026 IMF–World Bank Annual Meetings. The forum was attended by a distinguished group of officials, including H.E. Jasem Mohamed Al-Budaiwi, Secretary General of the Cooperation Council for the Arab States of the Gulf, H.E. Dr. Yaqoub Yousef Al-Refaei, Minister of Finance of the State of Kuwait, H.E. Suphajee Suthumpun, Deputy Prime Minister & Minister of Commerce of the Kingdom of Thailand, H.E. Basel Ahmed Al Haron, Governor, Central bank of Kuwait; and their Excellencies, the Governors and Ambassadors of the GCC Member States, together with industry leaders, bank executives, asset managers, and technology innovators from across the GCC and Asia. In his remarks, Al-Marzouq emphasized that the long-standing relationship between the GCC and Asia continues to evolve into deeper partnerships that drive investment, trade, and economic growth. He noted that both regions are increasingly contributing to global stability and resilience while adapting to ongoing economic challenges. Highlighting the strength of economic ties between the two regions, Al-Marzouq noted that, according to GCC-Stat, total GCC merchandise trade reached approximately US$1.59 trillion in 2024. China, India, Japan and South Korea accounted for approximately US$659 billion of that trade. China was the GCC's largest trading partner at approximately US$299 billion, followed by India at US$158 billion, Japan at US$114 billion, and South Korea at US$88 billion. Collectively, these four Asian economies represented around 41.5% of the GCC's total external merchandise trade in 2024. He stressed that the GCC's relationship with Asia remains a strategic priority, supported by growing trade volumes, increasing investment flows, and the active role of financial institutions in financing large-scale infrastructure, energy, and connectivity projects that will underpin future economic growth. Al-Marzouq also highlighted the strength of the GCC banking sector, noting that GCC-Stat reported total assets of commercial banks across the GCC at approximately US$3.9 trillion in 2025, while net foreign assets stood at approximately US$837 billion. These figures, he said, demonstrate the significant capacity available to support trade, investment, and financial connectivity with Asian markets. He further noted that GCC financial institutions benefit from strong balance sheets, sound regulatory frameworks, and high levels of liquidity, positioning them to act as key catalysts in advancing the GCC–Asia partnership through support for cross-border investment, trade finance, and financial innovation. Discussing the complementary strengths of both regions, Al-Marzouq stated that Asia offers significant opportunities in technology and infrastructure, while the GCC contributes long-term capital, strong risk management capabilities, and global expertise in Islamic finance. Together, these strengths create substantial opportunities to promote cross-border growth, unlock new investments, and generate shared prosperity. Looking ahead, Al-Marzouq emphasized that the objective extends beyond facilitating individual transactions toward building long-term partnerships. He stressed the need for enhanced collaboration across financial sectors, including project financing, expansion of sukuk markets, support for new investment opportunities, and development of digital systems that strengthen economic connectivity. He added that combining the GCC's strong capital base with Asia's technological innovation can help establish a seamless economic corridor that encourages investment, drives innovation, and supports sustainable growth across both regions. Concluding his remarks, Al-Marzouq noted that the gathering of leaders and decision-makers at the forum provides a valuable opportunity to deepen cooperation, increase investment, and create lasting economic benefits for both the GCC and Asia.
Alshamlan: GCC-Asia Banking Cooperation Has Moved Beyond Dialogue to Tangible Partnerships and Growth Opportunities
Kuwait Finance House (KFH) Group Chief Executive Officer, Khaled Yousef Alshamlan, participated in the GCC–Asia Economic Forum in a panel discussion titled “Core Banking and Balance Sheet Partnerships” held at the United Nations Conference Centre in Bangkok, Thailand at the 2026 IMF–World Bank Annual Meetings. During his participation, Alshamlan affirmed that banking cooperation between the GCC and Asia has evolved into a tangible reality driven by successful partnerships, expanding trade flows, growing capital market connectivity, and increasing demand for Sharia-compliant financing solutions. Strong Evidence of GCC-Asia Banking Integration Alshamlan highlighted KFH's experience as a leading example of the growing financial integration between the two regions. He said that KFH's successful issuance of a US$1 billion five-year sukuk in January 2026 stands as a clear example of effective GCC-Asia banking cooperation. He noted that leading Asian financial institutions, including Bank of China and Mizuho, participated as Joint Lead Managers alongside Gulf-based institutions. The issuance attracted strong investor demand from both Asia and the Middle East and was more than twice oversubscribed, reflecting growing appetite for cross-border Islamic capital market opportunities. "The sukuk not only enabled KFH to diversify its funding sources, but also provided Asian institutions with greater access to international Islamic capital markets. This demonstrates that GCC-Asia capital market integration is already a reality," he said. Strategic Expansion Strengthening Growth Addressing KFH's international growth strategy, Alshamlan explained that the Group's overseas expansion has been guided by the Board's vision to be in the top 100 banks Worldwide, while building a more diversified and resilient financial group. He highlighted the strategic acquisition of formerly Ahli United Bank- Bahrain, which significantly expanded KFH's international footprint across 10 countries, including Bahrain, Turkey, Germany, the United Kingdom and Egypt. "The acquisition has strengthened the balance between corporate and retail banking activities, diversified income sources beyond the GCC region, reduced concentration risk, and enhanced earnings resilience," Alshamlan said. He added that KFH's market capitalization has reached approximately US$50 billion, while the Group continues to deliver strong financial performance be recording the highest net profit in the Kuwaiti banking sector and all listed companies in Boursa Kuwait. Sharia Governance Facilitates International Growth Alshamlan stressed that varying Sharia governance frameworks across jurisdictions do not represent a barrier to deeper GCC-Asia financial integration. "Sharia governance is an integral component of our operating model. KFH has successfully operated for many years across diverse regulatory environments, including the United Kingdom, Germany, Egypt and Turkey," he said. He explained that AAOIFI and IFSB help establish internationally recognized Sharia standards. Combined with KFH Group’s extensive experience in converting conventional banking operations into Islamic banking models, these frameworks have enabled the Group to successfully operate across diverse regulatory environments and effectively navigate cross-border regulatory requirements. Alshamlan also pointed to the growing global significance of Islamic finance, where total industry assets exceeded US$4.3 trillion in 2024 and are expected to reach US$6.9 trillion by 2029, while the GCC region accounts for nearly 40% of global Islamic banking assets. Expanding Opportunities Between Gulf and Asian Markets Commenting on future cooperation opportunities, Alshamlan noted that trade between the GCC and Asia exceeds US$516 billion annually, underlining the importance of stronger banking partnerships. He explained that Asian banks provide access to fast-growing trade flows, manufacturing ecosystems and supply-chain financing opportunities, while Gulf banks offer attractive regional investment opportunities, deep local market knowledge and growing capital markets. "The economic linkages between the two regions continue to strengthen. Chinese bank financing to Gulf markets has increased significantly in recent years, while remittance and trade corridors remain key drivers of financial cooperation," he said. Building a Gateway for Islamic Finance Alshamlan emphasized that creating a genuine Islamic finance gateway requires more than facilitating capital flows. It requires two-way market access that enables clients on both sides to access investment opportunities, financing solutions and institutional investor bases. He noted that sukuk markets can serve as a strategic bridge linking Asian sovereign and corporate issuers with Gulf investors, while simultaneously connecting Gulf issuers with large pools of Asian capital. "KFH's international network uniquely positions the Group to connect GCC businesses with Asian suppliers and growth opportunities through efficient cross-border banking and financing solutions," he said. Advancing Liquidity Connectivity On the prospect of linking regional payment and liquidity systems across the GCC and Asia, Alshamlan described a coordinated liquidity network as a realistic next step. He explained that enhanced connectivity would facilitate trade, improve cross-border capital flows, reduce transaction costs and strengthen regional financial stability. As an example, he highlighted the success of the AFAQ payment system, which connects all six GCC central banks and dozens of participating financial institutions, providing a strong foundation. Sovereign Sukuk Law Opens New Opportunities Alshamlan welcomed Kuwait's sovereign sukuk law, describing it as a significant development for both domestic capital markets and regional financial cooperation. He said the framework will support funding diversification, establish a sovereign benchmark yield curve, improve pricing transparency, enhance market liquidity and create additional Sharia-compliant investment opportunities for investors across the GCC and Asia. "It will support cross-border investment flows and strengthen liquidity management capabilities within the Islamic finance ecosystem," he added. Measuring Success Through Real Economic Outcomes Looking ahead, Alshamlan said the success of GCC-Asia banking cooperation should ultimately be measured through tangible economic outcomes rather than the number of agreements signed. "In five years, I would like to see stronger trade volumes, deeper financial relationships and greater levels of joint financing activity between Gulf and Asian banks," he said. He indicated that Asian markets are growing fast and Gulf Asia Trade is over $516 Billion a year. Alshamlan noted that the GCC's estimated US$1.7 trillion infrastructure pipeline through 2030 presents substantial opportunities for collaboration in sectors such as energy, logistics, transportation, digital infrastructure and data centers. "The true measure of success will be an increase in jointly financed projects, stronger capital market connectivity and deeper economic integration between the GCC and Asia," Alshamlan concluded.
