Kuwait Finance House Wins 'Bank of the Year' Award for Islamic Banks in MENA

Kuwait Finance House (KFH) won the “Bank of the Year for Islamic Banks in the Middle East and North Africa 2026” award as part of the Corporate and Investment Banking Excellence Awards organized by the global MEED magazine. This achievement underscores the bank’s leading regional and global position across various banking sectors, its pioneering role in the Islamic finance industry, and its success in delivering innovative banking solutions and a comprehensive banking experience to its clients.

The award reflects KFH’s success in continuing to develop an integrated business model that combines deep banking expertise with continuous innovation in products, services, and financial solutions, thereby meeting the needs of diverse customer segments and supporting companies and institutions in executing their financing and investment plans efficiently and flexibly.

KFH was honored with the award at a ceremony held in Dubai, coinciding with Dubai Future Finance Week, which brought together a select group of financial and banking sector leaders, decision-makers, and experts from across the region. Abdullah Al-Saif, Executive Director of Public Relations and Social Media Services at KFH, accepted the award on behalf of the bank.

This recognition highlights KFH’s pioneering journey in consolidating the position of Islamic banking and enhancing its role in financing economic and investment activities, through specialized banking and financing solutions that keep pace with market developments and meet the needs and aspirations of corporate, institutional, and individual clients.

The selection of KFH as “Bank of the Year for Islamic Banks in the Middle East and North Africa” for 2026 reflects its status as one of the largest Islamic financial institutions globally, backed by strong financial soundness and outstanding operational performance. This is evidenced by its highest profits in the banking sector and the Kuwaiti market, with net profit attributable to shareholders reaching KD 523.4 million by the end of the third quarter of 2026, representing a 6.2% growth compared to the same period last year. Meanwhile, net operating income rose to KD 1,004.7 million by the end of Q3 2026, recording an 11.7% increase. Additionally, the bank successfully executed its strategy aimed at accelerating digital transformation, developing innovative banking products and services that enhance customer experience and strengthen its competitiveness in the markets, while continuing to achieve sustainable growth.

KFH continues to strengthen its local, regional, and global presence, leveraging its accumulated expertise and extensive geographic footprint. Its network includes more than 600 branches across approximately 10 countries worldwide, complemented by advanced capabilities in structuring financing solutions, building partnerships, managing customer relationships, and providing banking and investment services tailored to the nature of businesses and their expansion plans.