Kuwait Finance House Achieves KWD 363.1 Million Net Profit for Shareholders in the First Half of 2026
- Al-Marzouq: We renew confidence with our shareholders through sustainable profits and periodic dividends
- Our strategy goes beyond profit generation toward building long-term sustainable value for customers, shareholders, and society
- We have demonstrated our ability to adapt and show resilience in dealing with economic changes
- Strong governance, strategic vision, and commitment to responsible growth
- Al-Shamalan: Sustainable growth driven by operational performance efficiency and business model flexibility
- Exceptional performance under difficult conditions and integrated operations across all sectors
- We reaffirm our pivotal role in providing the necessary financing to support national economic growth
- The Group’s business synergy contributes to diversifying revenue sources and enhancing financial sustainability
The Chairman of the Board at Kuwait Finance House (KFH), Hamad Abdulmohsin Al-Marzouq, announced that the bank achieved net profit 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 stood at 18.86 fils for the first half of 2026, up 4.9% compared to the same period last year.
Financing net revenues rose during the first half of 2026 to reach 649.4 million Kuwaiti dinars, reflecting a growth rate of 6.9% compared to the corresponding period last year. Total operating revenues, supported by growth across all main activities, reached 990.5 million Kuwaiti dinars, marking a 9.9% increase compared to the same period last year.
As a result of expense control and cost rationalization, total operating expenses decreased by 2.1% compared to the same period last year. Consequently, net operating income rose to 687.9 million Kuwaiti dinars, achieving a growth rate of 16.2%.
Due to the increase in total operating revenues and the decrease in 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 at the end of the first half of 2026, representing an 11.5% increase compared to the end of the first half of the previous year. Total assets reached 42.2 billion Kuwaiti dinars at the end of the first half of 2026, up 9.7% 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, reflecting a growth rate of 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, up 9.4% compared to the end of the first half of the previous year. The capital adequacy ratio stood at 17.47%, exceeding regulatory requirements, reflecting the strength of the bank’s capital base.
In a press statement, Al-Marzouq said that Kuwait Finance House renewed confidence among its shareholders and customers by continuing to achieve the highest profits in the banking sector and capturing the largest share of total Kuwaiti market profits. This underscores the success of efforts to maximize asset utilization, improve resource deployment efficiency, and adhere to approved strategies and plans to ensure sustainable growth and profitability while strengthening the Group’s financial position. He added that the continued distribution of periodic cash dividends provides liquidity to shareholders, enhances the attractiveness of the stock, and reinforces confidence in the bank.
He added, “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 Kuwait Finance House’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.”
Al-Marzouq emphasized that Kuwait Finance House’s strategy is not limited to profit generation, but focuses on building long-term sustainable value for customers, shareholders, and society through investment in digital transformation, human capital development, and the enhancement of services and products to meet customer aspirations and market needs.
He stated that Kuwait Finance House continues its role in supporting the national economy, noting that the corporate banking sector sustained its contribution to growth through domestic 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.
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.
He clarified that Kuwait Finance House has taken significant steps in the field of corporate social responsibility, in collaboration with official entities to support the state’s development plans and contribute to community development. He highlighted the strategic initiative, in partnership with the Ministry of Justice, to settle the debts of indebted citizens, noting that its total contributions in this area reached approximately KD 61 million since 2019. The bank also participated, in cooperation with the Ministry of Higher Education and Scientific Research, in the national external scholarship campaign “Wajehni,” and joined the “A Nation That Protects You” campaign to safeguard youth and raise awareness about the dangers of drug abuse, in collaboration with the Ministries of Interior, Social Affairs, Justice, and Health. Additionally, it signed a memorandum of understanding with the Ministry of Social Affairs to enhance sustainable community and developmental partnerships. Kuwait Finance House’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.
For his part, Khalid Youssef Al-Shamlan, CEO of Kuwait Finance House Group, said 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 segments compared to the same period last year, reflecting high operational efficiency and confirming its success in implementing its strategy and achieving its set objectives.
Al-Shamlan stated that the bank maintained sustainable growth by leveraging the strength and flexibility of its business model, while preserving strong capitalization levels and continuing to record the highest net profit margins in the Kuwaiti banking sector. He highlighted the bank’s excellence in adopting technology and digital transformation in banking services and operational activities, integrating sustainability into all its operations, and continuing its efforts for continuous service development, which helped expand its customer base, keep pace with their aspirations, and maintain their trust.
Al-Shamlan emphasized that the bank has 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. This includes sustained financing for major development projects and small and medium-sized enterprises (SMEs), leveraging the synergy of the group’s operations spread across approximately 10 countries worldwide, 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 ongoing efforts to maintain integrated performance across all business sectors and to respond efficiently and flexibly to market changes, thereby reinforcing Kuwait Finance House’s (KFH) position as a trusted financial partner.
Al-Shamlan noted that the bank ranked first in Kuwait and twelfth regionally on Forbes’ list of the top 100 public companies by market capitalization. It also placed 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, KFH was the only financial institution from Kuwait to join the list of the region’s top five banks.
He highlighted the bank’s continued development of partnerships with global academic institutions to enhance employee capabilities, particularly national and youth cadres, in order to build leadership capable of achieving future aspirations. In this context, he pointed out the recognition of 100 employees who obtained specialized professional certifications and graduated from the scholarships program under the “Injaz” initiative.
Al-Shamlan clarified that KFH continues to invest in developing its digital capabilities to improve customer experience, enhance operational efficiency, and reduce operational risks. He noted that KFH has successfully established digital services as a primary banking option for customers, processing over 600 million digital transactions in a single year and providing more than 200 integrated digital services via KFHonline. The bank has presented a comprehensive digital transformation model grounded in strategic vision, customer needs, and tangible operational results.
Al-Shamlan further mentioned that KFH won 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 the “Best Islamic Bank in the World” award 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 Services in the World” from Global Finance, alongside numerous other global accolades that underscore the bank’s leading international standing.
