Kuwait Finance House (KFH) has further strengthened its leadership position after receiving a suite of prestigious awards at the Euromoney Awards for Excellence and Islamic Finance 2026, namely:

• Best Islamic Wealth Management Bank in the Middle East
• Best Islamic Wealth Management Bank in Kuwait
• Best Islamic Bank in Kuwait for Environmental, Social and Governance (ESG)
• Best Digital Bank in Kuwait

These awards underscore KFH's success in developing Sharia-compliant wealth management services, embedding Environmental, Social and Governance (ESG) principles and standards across its operations, thus reaffirming its commitment to innovation, enhancing customer experience, and creating sustainable value. The awards also reflect the Bank's remarkable achievements in digital banking and the cumulative results of its continuous investments in technology and innovation.

The awards were received by Deputy General Manager Private Banking and Wealth Management at KFH, Ghazi Al-Enzi, Executive Manager Governance and Sustainability at KFH, Mohammad Alarbeed, Executive Manager Tam Banking, Ahmed Alothman, during the Euromoney Awards ceremony held in Dubai.

Leadership in Sharia-Compliant Wealth Management

KFH's winning of the Best Islamic Wealth Management Bank in the Middle East and Best Islamic Wealth Management Bank in Kuwait awards reflects the Bank's success in developing its private banking and wealth management business and transforming it into a comprehensive advisory platform that integrates Sharia-compliant banking, financing, and investment solutions.

According to Euromoney, KFH restructured its private banking and wealth management operations under a unified framework and introduced a new operating model aimed at enhancing customer experience, strengthening investment capabilities, and delivering more advanced Islamic wealth management solutions. This transformation was supported by investments in specialized talent, technology, and the continuous development of KFH Capital, the Bank's investment arm.

The magazine noted that one of KFH's strategy key pillars is redesigning its customer relationship management model through a specialized advisory framework that brings together relationship managers, investment specialists, financing specialists, and account managers. This strategy enables customers to benefit from integrated expertise tailored to their banking, financing, and investment needs.

Euromoney also highlighted KFH's focus on human capital development, noting that private banking and wealth management teams completed advanced training programs with Moody's, obtained professional certifications from the Chartered Institute for Securities & Investment (CISI), and participated in specialized advisory programs in Islamic wealth management.

On the investment services level, the magazine pointed to the launch of KFH's Global Discretionary Portfolio Management Service, which is based on the Bank's in-house investment outlook and asset allocation model. The service offers clients a diversified multi-asset investment approach through an open architecture of Sharia-compliant investment funds.

Digital innovation played a pivotal role in this success. Euromoney noted that KFH Capital implemented a new asset management system to unify the management of funds and investment portfolios, while also enhancing the KFH Wealth App, providing clients with more efficient access to their investments. The launch of the Allfunds Platform in Kuwait further expanded access to Sharia-compliant investment opportunities.

The magazine added that KFH achieved record profits in the private banking and wealth management sector, alongside notable growth in assets under management during the evaluation period, reinforcing its position as the benchmark for modern Islamic wealth management built on an advisory-led approach in Kuwait.

Excellence in ESG

KFH's award as Best Islamic Bank in Kuwait for ESG reflects the Bank's comprehensive approach to sustainability and responsible banking.

According to Euromoney, KFH implemented an integrated ESG framework across financing activities, operational processes, and community investment, contributing to measurable environmental efficiencies, broader access to essential services, and enhanced governance and institutional oversight.

The magazine noted that sustainability considerations have become an integral part of KFH's banking activities through increased investment in green and sustainability-linked sukuk, as well as the financing of national infrastructure projects, including wastewater treatment facilities that support water reuse and improve resource efficiency.

Euromoney also highlighted KFH's efforts to reduce energy consumption across its branch network by utilizing energy-efficient systems, upgrading cooling infrastructure, and introducing automated control systems that enhanced operational efficiency.

In this context, KFH completed several certified green buildings, including facilities awarded GSAS Gold and LEED Gold certifications, reflecting tangible improvements in energy and water efficiency and waste management, while supporting the adoption of sustainability standards within Kuwait's commercial real estate sector.

On the social front, Euromoney praised KFH's Creating Shared Value (CSV) platform, through which more than 200 community initiatives were implemented. These initiatives included allocating KD 8 million for the restoration of 17 buildings in Souq Al-Mubarakiya and dedicating KD 18 million to support a specialized cardiac care center.

The initiatives were further supported by over 3,000 volunteer hours, the distribution of more than 18,000 meals during Ramadan, and assistance to 1,680 families, contributing to healthcare support, preservation of national heritage, and strengthening essential community services.

The magazine also noted that KFH maintained robust governance standards through direct Board-level oversight, comprehensive emissions measurement, and the integration of sustainability considerations into credit evaluation processes, ensuring alignment between sustainability objectives, risk management, and capital allocation decisions.

Digital Excellence and Tam Digital Bank

Euromoney stated that KFH is leading Kuwait's digital banking landscape through the strategic development of Tam Digital Bank, Kuwait's first Sharia-compliant digital bank.

Tam's digital strategy is built on four key investment pillars: digital infrastructure, cybersecurity and compliance, product innovation, and seamless customer experience. This strategy has enabled the launch of a fully mobile banking platform offering instant, secure, and user-friendly banking services, with a particular focus on customers aged 15 years and above.

This approach has further strengthened KFH's leadership in digital transformation across the region while maintaining strict Sharia governance standards and high operational resilience.

Through a clearly defined digital vision and measurable improvements in customer experience and engagement levels, KFH has reinforced its position as a leader in digital banking services in Kuwait. Through Tam, the Bank demonstrates that disciplined investment, customer-centric design, and continuous innovation can be translated into sustainable long-term digital leadership.

KFH successfully strengthened its digital presence through the development of its technological infrastructure and the expansion of services offered through various digital channels and platforms, in addition to smart branches and self-service devices. This has driven a significant transformation in banking services, increased utilization rates, and improved quality and operational efficiency indicators.

The Bank has implemented a comprehensive digital transformation model based on a clear customer-centric strategy that delivers tangible operational outcomes. During 2025, KFH executed more than 600 million digital transactions and provided over 200 integrated digital services through KFH Online, further establishing digital banking as a primary banking choice for customers.

KFH continues to keep pace with rapid developments in financial technology (FinTech), data engineering, digital product design, and intelligent solutions, while adhering to the highest standards of quality, reliability, governance, and cybersecurity requirements. These efforts contribute to enhanced operational efficiency, higher productivity, shorter service delivery times, and increased customer satisfaction and trust.

In corporate banking, the Bank continued enhancing the eCorp platform by introducing and integrating advanced systems that create added value and improve operational efficiency for businesses and institutions, while enhancing the user experience.

Euromoney

The Euromoney Awards for Excellence are among the most prestigious awards in the global financial industry. Institutions are evaluated according to rigorous criteria that include innovation, service quality, digital capabilities, and the ability to create added value for customers.

For more than five decades, Euromoney has been one of the world's leading references for assessing performance and excellence in the banking and financial sectors, recognizing institutions that achieve exceptional levels of performance, innovation, and customer service. The Euromoney Awards for Excellence honor financial institutions that set global benchmarks in performance, innovation, and customer impact, making them among the most respected international accolades in the financial services industry.