Kuwait Finance House (KFH) and the Ministry of Social Affairs signed a Memorandum of Understanding (MoU) to strengthen cooperation in implementing social and developmental initiatives. This partnership establishes an integrated institutional framework that supports sustainable development efforts and enhances the quality of services provided to beneficiaries in Kuwaiti society.

The MoU was signed by the KFH Group Chief Legal Officer, Fawaz Al-Enezi, and the Acting Assistant Undersecretary for Financial, Administrative, and Co-op Affairs at the Ministry of Social Affairs, Dr. Sayed Issa. The signing took place in the presence of the Minister of Social Affairs, Family, and Childhood Affairs, Dr. Amthal Al-Huwailah; KFH Group Chief Executive Officer, Khaled Yousef AlShamlan; and Head of Group Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh.

Minister of Social Affairs, Family and Childhood Affairs, Dr. Amthal Al-Huwailah, emphasized that the MoU reflects successful cooperation between state institutions and the private sector to serve the community and achieve development goals. She added that it translates national plans into impactful programs and initiatives, confirming that KFH is a prominent development partner and a role model in community service.

“We are proud of our partnership with KFH, which over the years has established itself as one of the most prominent national institutions supporting social and developmental work in Kuwait. We look forward to expanding our cooperation in a way that benefits Kuwaiti society,” the Minister added.

KFH Group Chief Executive Officer, Khaled Yousef AlShamlan, noted that the MoU reflects the bank’s commitment to building strategic partnerships with state institutions. He emphasized that sustainable development is a shared responsibility requiring alignment between the public and private sectors. AlShamlan stressed that strengthening cooperation on development initiatives is vital to achieving a lasting positive impact and reinforcing the values of partnership and social responsibility.

"We consider the partnership an institutional platform to maximize the societal impact of our joint initiatives, invest in Kuwaiti society, and support national priorities that strengthen social and economic efforts and advance the sustainable development goals in line with Kuwait Vision 2035."

AlShamlan highlighted KFH's partnerships with government bodies, including the Ministry of Social Affairs, which have yielded tangible results. These joint efforts have been particularly impactful in relieving debtors, empowering youth and individuals with disabilities, raising community awareness, and protecting the environment.

Meanwhile, Head of Group Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh explained that KFH continues to act as a development partner for government agencies via high quality community initiatives. He stressed that social responsibility remains an integral part of the bank’s strategy.

Al-Ruwaieh added that the MoU aligns with KFH’s firm commitment to social responsibility and its role as an influential national development partner. He stressed that cooperation with the Ministry of Social Affairs reflects the efforts to advance sustainable, high-quality initiatives that serve various segments of society.

He noted that KFH continues to support national youth awareness initiatives, including the anti-drug campaign "A Nation Protects You". Launched under the patronage of His Excellency the First Deputy Prime Minister and Minister of Interior, Sheikh Fahad Yousef Al-Sabah, the campaign backs the Ministry of Social Affairs in protecting youth and enhancing community security.

Al-Ruwaieh explained that KFH prioritizes empowering people with disabilities through specialized training and "Partners in Employing Them" campaign. He noted that the number of employees with disabilities across KFH Group increased to 260 during 2025 from 244 in 2024.

Al-Ruwaieh emphasized that KFH continues environmental initiatives under the Keep It Green umbrella. These include the national campaign "This Is Your Role" to clean and beautify vital squares alongside the Ministry of Social Affairs and the Ministry of Education. Additionally, the bank contributed to planting over 12,000 trees with the Green Vision Volunteer Team since 2021 and recorded over 3,000 volunteer hours cleaning beaches, islands, and green spaces.

These initiatives earned KFH numerous local, regional, and international accolades. Notable recognitions include a special honor from the Council of Ministers of Labor and Social Affairs in the Gulf Cooperation Council States and the World`s Best Islamic Bank for CSR award from Global Finance magazine, solidifying its position as a leading global Islamic financial institution.