Kuwait Finance House: 'World's Best Islamic Bank for Private Banking Services'

Kuwait Finance House (KFH) has won the “Best Islamic Bank for Private Wealth Services in the World” award for 2026, presented by Private Banker International, a global wealth management publication organized by MEED. Both entities are subsidiaries of the parent company GlobalData. This global recognition reflects KFH’s leading position in the private wealth services and wealth management sector, as well as the appreciation of its success in delivering Sharia-compliant banking and investment solutions that meet the highest international standards, and its ability to meet the needs of high-net-worth individuals and large wealth holders through its international business network.

KFH earned this award following a rigorous evaluation by an independent jury based on a set of criteria, most notably its success in providing an integrated system of Sharia-compliant banking and investment solutions, leveraging its extensive presence in Middle Eastern, Asian, and European markets, as well as its approach of building long-term client relationships, supported by specialized banking expertise, innovative digital solutions, and an exceptional banking experience tailored to clients’ diverse aspirations and needs.

Hamad Mohammed Al-Ghanim, Managing Director of Private Wealth Services and Wealth Management at KFH, stated that this award confirms the advanced global standing that KFH has established, and the success of its strategy to be the leading provider of Sharia-compliant private wealth and wealth management services. He noted that the bank continues to develop its services and investment solutions to help protect and grow clients’ wealth and achieve their long-term financial goals.

Al-Ghanim added, “KFH offers a comprehensive suite of private wealth and wealth management services, including regional and global portfolio management, international equity and real estate funds, leasing and trade finance solutions, treasury and investment services, alongside a wide range of investment opportunities and solutions in local and global markets, keeping pace with economic and investment developments to deliver the best added value to clients.”

He emphasized that this achievement serves as an incentive to continue innovating and developing financial and investment services and solutions that meet clients’ aspirations and capitalize on promising opportunities in regional and global markets. He pointed out that the award adds to KFH’s distinguished record of international accolades and recognitions, reflecting its leadership in the Islamic banking industry and its excellence in providing banking and investment services according to the highest standards of quality and professionalism, leveraging its advanced technological infrastructure and extensive expertise in Islamic banking.

The Private Banker International Global Wealth Awards were evaluated by an independent committee comprising a select group of experts from the global wealth management and private banking sectors. All entries undergo individual assessment by committee members according to a rigorous methodology that ensures transparency and objectivity, before final results are approved and winners are selected.

In the category of Best Islamic Bank for Private Wealth Management Worldwide, the evaluation criteria focus on the institution’s ability to deliver a comprehensive and reliable Sharia-compliant wealth management system, including investment and financing solutions, the quality of services provided to clients, the breadth of Islamic products, the effectiveness of the Sharia governance framework, the qualifications of the Sharia board, the efficiency of fatwa issuance and Sharia supervision procedures, as well as compliance with relevant regulatory requirements, and the institution’s success in serving a clear and growing base of clients seeking Sharia-compliant financial solutions.

Private Banker International Awards

In its 36th edition, the Private Banker International Awards rank among the most prominent global awards specializing in the wealth management and private banking sector. They bring together global private banks, independent wealth managers, family offices, and asset management companies to celebrate institutions and individuals who set standards of excellence in client service, investment performance, and strategic innovation.

Private Banker International is a specialized media platform and brand focused on wealth management and private banking, and is part of the global company GlobalData.