Gulf Bank Profits Rise 9.1% to KD 41.9 Million for First Nine Months of 2026
Gulf Bank announced a 9.1% increase in profits, reaffirming its commitment to Islamic transformation.
Translated by Qiyas from القبس — Original source
Gulf Bank announced that profits rose by 9.1% to reach 41.9 million Kuwaiti dinars for the first nine months of 2026. Ahmed Mohammed Al-Baher, Chairman of the Board of Directors of Gulf Bank, stated that the bank achieved a positive performance, underscoring the resilience of its operations and its commitment to implementing its strategic directions. For his part, Acting Chief Executive Officer Sami Mahfouz affirmed that the profit increase represents the fulfillment of the necessary regulatory pre-requirements for the transition to a bank compliant with Islamic Sharia principles, marking an important milestone in the bank’s journey.
