Kuwait Finance House Achieves KWD 363.1 Million Net Profit for Shareholders in the First Half of 2026
Hamad Abdulmohsin Al-Marzouq, Chairman of the Board at Kuwait Finance House (KFH), stated that, by the grace and favor of God, the bank achieved net profits attributable to shareholders of 363.1 million Kuwaiti dinars for the first half of 2026, representing a growth rate of 6.1% compared to the same period last year. Earnings per share reached 18.86 fils for the first half of 2026, up 4.9% compared to the corresponding period last year.
Net financing revenues rose to 649.4 million Kuwaiti dinars in the first half of 2026, reflecting a 6.9% increase compared to the same period last year. Total operating revenues, supported by growth across all core business lines, reached 990.5 million Kuwaiti dinars, marking a 9.9% growth compared to the same period last year.
Thanks to expense control and cost rationalization, total operating expenses decreased by 2.1% compared to the same period last year. Consequently, net operating revenues increased to 687.9 million Kuwaiti dinars, achieving a growth rate of 16.2%. As a result of higher total operating revenues and lower total operating expenses, the cost-to-income ratio improved to 30.6% during the current period, down from 34.3% in the corresponding period last year.
Financing receivables stood at approximately 22.8 billion Kuwaiti dinars by the end of the first half of 2026, up 11.5% compared to the end of the first half of the previous year. Total assets reached 42.2 billion Kuwaiti dinars by the end of the first half of 2026, representing a 9.7% increase compared to the end of the first half of the previous year.
Total shareholders’ equity for the first half of the current year reached 5.8 billion Kuwaiti dinars, up 4.2% compared to the end of the first half of the previous year. Customer deposits stood at 21.6 billion Kuwaiti dinars for the first half, reflecting a 9.4% growth compared to the end of the first half of the previous year. The capital adequacy ratio stood at 17.47%, exceeding regulatory requirements, which underscores the strength of the bank’s capital base.
The Board of Directors recommended a semi-annual cash dividend to shareholders of 10 fils per share.
In a press statement, Al-Marzouq said that KFH has renewed confidence among its shareholders and clients by continuing to achieve the highest profits in the banking sector and capturing the largest share of total Kuwaiti market profits. This confirms the success of efforts aimed at maximizing asset utilization, improving resource deployment efficiency, and adhering to approved strategies and plans to ensure sustainable growth and profitability, while strengthening the financial position of the group. He added that continuing to distribute interim cash dividends provides liquidity to shareholders, enhances the attractiveness of the stock, and reinforces confidence in the bank.
Addressing operational performance, he noted: “Despite the challenges posed by recent geopolitical developments at both the regional and global levels, and the resulting economic and financial pressures, the results of the first half of this year have demonstrated KFH’s resilience and its high capacity to manage risks efficiently and prudently. They have also confirmed the strength of its capital base, comfortable liquidity levels, and strong operational performance, which contributed to achieving sustainable growth across most key financial indicators and balance sheet items.”
Emphasizing sustainable value, Al-Marzouq stressed that KFH’s strategy is not limited to profit generation but focuses on building long-term sustainable value for customers, shareholders, and society. This is achieved through investments in digital transformation, human capital development, and the enhancement of services and products to meet customer aspirations and market needs.
Regarding the national economy, Al-Marzouq stated that KFH continues its role in supporting the national economy. He explained that the corporate banking sector continued to contribute to growth through local and cross-border business, while enhancing services via digital platforms to boost operational efficiency. Meanwhile, the retail banking sector recorded strong performance across various services and products, reflecting the bank’s ability to adapt quickly to economic changes and the strength of its strategy based on trust, flexibility, and clear vision.
On governance and vision, Al-Marzouq expressed confidence that the bank’s strong governance, long-term strategic vision, and commitment to responsible growth qualify it to maintain leading positions and continue delivering sustainable value to all stakeholders.
Strategic Partnerships in Corporate Social Responsibility
Al-Marzouq clarified that Kuwait Finance House (KFH) has taken significant steps in the field of corporate social responsibility, collaborating with official entities to support the state’s development plans and contribute to community development. He highlighted the strategic initiative undertaken in partnership with the Ministry of Justice to settle the debts of indebted citizens, noting that the bank’s total contributions in this area reached approximately 61 million Kuwaiti dinars since 2019.
Additionally, the bank, in collaboration with the Ministry of Higher Education and Scientific Research, participated in the national external scholarship campaign “Wajehni” (Guide Me). It also took part in the “A Nation Protects You” campaign, aimed at safeguarding youth and raising awareness about the dangers of drug abuse, in cooperation with the Ministries of Interior, Social Affairs, Justice, and Health. Furthermore, the bank signed a memorandum of understanding with the Ministry of Social Affairs to enhance sustainable community and developmental partnerships.
KFH’s community leadership and exceptional efforts resulted in winning the “Best Islamic Bank for Corporate Social Responsibility in the World 2026” award from Global Finance magazine.
Exceptional Performance
For his part, Khalid Al-Shamlan, CEO of the Kuwait Finance House Group, stated that the bank continued to achieve exceptional performance during the first half of 2026, recording growth in operating revenues, profits, financing, and deposits, alongside an improvement in asset quality.
He added that the bank recorded growth across all its main business sectors compared to the same period last year, reflecting high operational efficiency and confirming its success in implementing its strategy and achieving its set objectives.
Strong Capitalization
Al-Shamlan noted that the bank maintained sustainable growth by leveraging the strength and flexibility of its business model, while preserving strong capital levels. It continued to record the highest net profit margins in the Kuwaiti banking sector, distinguished by its adoption of technology and digital transformation in banking services and operational activities, and by integrating sustainability into all its operations. He emphasized that its ongoing efforts in continuous service development have helped expand its customer base, keep pace with their aspirations, and maintain their trust.
Credit Capabilities
Al-Shamlan affirmed that the bank continued to strengthen its credit capabilities, driven by its pivotal role in providing the necessary financing to support the growth of the national economy and the economies of the countries where the Group operates. It continued to finance major development projects and small and medium-sized enterprises (SMEs), benefiting from the synergy of the Group’s operations spread across approximately 10 countries, supported by a branch network exceeding 600 branches.
He added that this reflects growing customer confidence and contributes to diversifying revenue sources and enhancing financial sustainability.
He stressed the continuation of efforts to maintain integrated performance across all business sectors and to deal efficiently and flexibly with market fluctuations, thereby reinforcing KFH’s position as a reliable financial partner.
First Place
Al-Shamlan noted that the bank secured first place in Kuwait and twelfth regionally on Forbes’ list of the top 100 public companies by market capitalization. It also ranked among the top five banks in the Middle East and Africa by market capitalization, which reached $44.69 billion by the end of the first quarter of 2026, according to an analysis by S&P Global Market Intelligence. Notably, it is the only financial institution from Kuwait to join the list of the region’s top five banks.
Human Capital
He pointed out that the bank continues to develop its partnerships with global academic institutions to enhance employee capabilities, particularly national and youth cadres, in order to build leadership capable of achieving future aspirations. He highlighted the recognition of 100 employees who obtained specialized professional certifications and graduated from the scholarship program under the “Injaz” initiative.
An Integrated Digital Transformation Model
Al-Shamlan clarified that Kuwait Finance House continues to invest in developing its digital capabilities to improve customer experience, enhance operational efficiency, and reduce operational risks. He emphasized that KFH has successfully established digital services as a primary banking option for customers, by processing over 600 million digital transactions in a single year and providing more than 200 integrated digital services via KFHonline. He noted that the bank has delivered an integrated digital transformation model grounded in strategic vision, customer needs, and tangible operational results.
Global Awards
Al-Shamlan noted that KFH received more than 25 awards and rankings during the first half of the current year, recognizing its excellence across all areas of banking operations. These include “Best Islamic Bank in the World” from Global Finance magazine, “Best Digital Bank in Kuwait” from MEED, “Best Private Banking Services Bank” from Euromoney, and “Best Islamic Bank for Corporate Banking in the World” from Global Finance, alongside numerous other global accolades that reflect the bank’s leading global position.
Key Financial Indicators – First Half 2026
• Shareholders’ Net Profit: KWD 363.1 million
• Growth Rate: 6.1%
• Earnings Per Share: 18.86 fils
• Net Financing Income: KWD 649.4 million
• Total Operating Income: KWD 990.5 million
• Net Operating Income: KWD 687.9 million
• Cost-to-Income Ratio: 30.6%
• Financing Receivables Balance: KWD 22.8 billion
• Total Assets: KWD 42.2 billion
• Customer Deposits Balance: KWD 21.6 billion
• Capital Adequacy Ratio: 17.47%
