Kuwait Finance House (KFH) won “Best Bank in Kuwait” and “Best Islamic Bank in Kuwait” awards from EMEA Finance Europe, Middle East, and Africa (EMEA). The awards recognize KFH’s consecutive achievements, robust financial position, outstanding performance, and the continuing improvements in its products and services as per international standards of service quality and adherence to customers’ requirements and the market’s development.
Group Chief Treasury Officer at KFH AbdulWahab Al-Roshood stated in a press release on the heels of receiving the awards, that the bank continues its efforts to maintain its pioneering position as the best bank at all levels, yet to reinforce its leadership as a world leading Islamic financial institution. The bank attaches great interest in increasing its market share, while prioritizing quality elements in service and human capital.
He added that KFH succeeded in rendering high-end technical and financial services and products. The bank ensures providing consistency between the compliance to the legislative rules and practices and coping with the latest development in the banking technology. Locally, KFH operates amidst fierce competition, however the sharia-compliant products and services are witnessing huge clients’ turnout, which positively affected the qualitative and quantitative share of KFH in the market and allowed it to remain on the top spot.
He indicated that KFH assumes key role in the Islamic finance sector as it constantly innovates new Islamic finance products and services that are alternatives to the conventional ones. Sharia-compliant instruments aim at strengthening the bank’s role in financing the development projects in the region and the global markets.
Al-Roshood confirmed that KFH views these awards as a motivator for further success, while looking forward for more achievements to attract new customers in an attempt to boost the market share of the bank, yet to consolidate its prestigious position locally and globally.