Boubyan Bank Ranked First Locally and Fourth Regionally Among the Safest Islamic Financial Institutions

Boubyan Bank maintained its local leadership among the most secure Islamic financial institutions, ranking fourth across the Gulf Cooperation Council (GCC) countries for 2026, according to the annual ranking issued by the global magazine Global Finance. This reaffirms its prominent position among the leading Islamic banking institutions in the region, underscoring the strength of its financial standing, creditworthiness, and financial stability.

This achievement builds upon the status Boubyan has solidified within the banking sector, grounded in strong financial and operational foundations, and a strategy that combines balanced growth, business model development, and enhanced institutional efficiency, thereby supporting its capacity to sustain growth and meet the needs of its clients and shareholders.

On this occasion, Abdul Salam Al-Saleh, Chief Executive Officer for Corporate Banking, Financial Management, Treasury, and Legal Affairs at the bank, stated that Boubyan’s continued leadership among the most secure Kuwaiti Islamic financial institutions and its advanced regional position reflect the strength of its financial foundations and the efficiency of its resource management, alongside its commitment to the highest governance standards and best banking practices. He emphasized that this achievement enhances the confidence Boubyan enjoys among its clients, shareholders, and investors.

He added that the significance of this ranking stems from its reliance on independent credit ratings issued by major global rating agencies, which reflect the creditworthiness of banking institutions, their ability to meet obligations, and their maintenance of financial stability. He noted that Boubyan’s continued presence in the top ranks embodies the success of its approach in balancing growth with the preservation of its strong financial position.

Strong Creditworthiness and Financial Standing

Al-Saleh clarified that Boubyan’s credit ratings from global agencies such as Moody’s, Standard & Poor’s, and Fitch reflect the strength of its financial position, the quality of its assets, the robustness of its capital and liquidity levels, as well as its prudent risk management policies and balanced business management approach. He pointed out that these fundamentals form a solid foundation supporting the bank’s ability to continue achieving its strategic objectives and enhancing the confidence of clients and investors in its long-term performance.

He indicated that the bank continues to develop its institutional capabilities and enhance the efficiency of its operational processes, focusing on the quality of its financing portfolio and diversifying its banking activities, alongside developing its technological infrastructure and strengthening governance levels. These efforts support performance sustainability and provide a strong financial and operational base to continue expansion and capitalize on growth opportunities.

Sustainable Growth and Banking Innovation

He affirmed that the strength of Boubyan’s banking brand and its advanced position in the banking sector are based on a long-term strategy combining sustainable growth, innovation, and continuous development. He explained that over the past years, the bank has strengthened its presence and expanded its customer base, banking services, and digital offerings, reflecting the evolution of its business model and its ability to keep pace with market demands.

Al-Saleh added that innovation represents a core pillar of Boubyan’s strategy, through continued investment in modern technologies and the provision of innovative banking services and solutions that meet the needs of diverse customer segments and align with their evolving aspirations. He noted that the bank is accelerating its transformation into an AI-powered banking institution, contributing to the enhancement of customer experience, improved performance efficiency, and strengthened competitive capabilities.

Global Standards for Banking Security

The Global Finance ranking of the world’s most secure Islamic banks for 2026 is based on the evaluation of long-term credit ratings in foreign currencies.

The foreign ratings issued by global credit rating agencies for the world’s top 500 banks provide a specialized international reference for assessing the financial strength and creditworthiness of banking institutions. The importance of these ratings is highlighted amid rapid developments in the global financial and banking sectors, accompanied by growing interest in the strength, stability, and ability of financial institutions to achieve sustainable performance. Through its annual rankings, Global Finance continues to highlight banking institutions with solid financial foundations and the trust of customers and markets. The list of the ten safest Islamic financial institutions in the Gulf Cooperation Council countries for 2026 included two banks from Kuwait, led by Boubyan, four Qatari banks, and two banks each from the United Arab Emirates and the Kingdom of Saudi Arabia.