Kuwait Finance House Confirms Banking Leadership with 10 Prestigious IFN Awards

- The awards include Best Islamic Bank, Most Innovative Bank, Best Investment Bank, Best Trade Finance Bank, and Best Retail and Corporate Banking Services in Kuwait.

- The Group’s leadership in banking solutions and the success of its strategy across its key markets.

- Continuous progress in its digital transformation journey, innovation, and excellence in investment services.

- The large number of awards won in a single ceremony reflects the diverse areas of excellence achieved by Al-Khair Holding.

In a new global achievement and international recognition that reflects the Group’s broad presence and excellence in financial and operational performance, as well as in service and product innovation, Al-Khair Holding Kuwait was honored with 10 prestigious awards from the global Islamic Finance News (IFN) group. These awards include Best Islamic Bank, Most Innovative Bank, and Best Bank for Retail and Corporate Banking Services in Kuwait.

The awards were accepted on behalf of Al-Khair Holding by Faisal Al-Sari, Executive Director of Corporate Relations and Social Responsibility, at the awards ceremony held in Dubai.

In a statement, the Group described the awards as a reaffirmation of its leadership in providing the best banking solutions, the success of its strategy across its key markets, and its continuous progress in digital transformation, innovation, and excellence in investment services. The awards also reflect the high recognition of Al-Khair Holding’s achievements in corporate banking, retail banking, trade finance, and its successful contributions to structuring and managing major sukuk issuances in terms of value and yield. They also highlight the Group’s pivotal role in the sukuk market, given the critical importance of sukuk in financing development plans for corporations and governments.

The statement noted that winning such a large number of awards in a single ceremony reflects the diversity of excellence achieved by the Group and reinforces its position as a leading Islamic financial institution with a significant presence in global markets, and as a primary reference for Islamic banking at both the regional and international levels. This standing is built on its accumulated expertise, wide geographical reach, and diverse range of products and services designed to meet the varied aspirations of its clients.

The statement added that the awards underscore the excellence of the Group’s systematic and integrated operational framework, reflecting the coordination and collaboration among its units, and its ability to achieve growth and expansion while delivering significant qualitative additions to its operations in Kuwait, Bahrain, the United Kingdom, Egypt, Turkey, Germany, and other countries where it operates.

The Group’s receipt of these awards is based on its achievements, notable progress in creativity and innovation, and its established leadership in financing major development projects in the region. These awards are determined through direct voting by the magazine’s readers, including sector participants, investors, financial institutions, and relevant public sector entities.

The statement noted that the IFN (Islamic Finance News) group manages Islamic finance and banking awards, and publishes the most important news in Islamic banking worldwide through a magazine it has been issuing since 2004. IFN is part of the global Redmondy group and has offices in Dubai and Kuala Lumpur.

7 - 2025 Murabaha Deal, recognizing Al-Khair Holding’s role as an issuer of murabaha sukuk within the additional first tranche of capital worth $850 million.

8 - 2025 IFN Sovereign and Multilateral Deal, recognizing Al-Khair Holding’s role in the main issuance of sovereign sukuk for the local market worth EGP 3 billion in Egypt.

10 – The 2025 Kuwait deal, secured by Baitak Capital for its role as underwriter manager of a sukuk issuance on behalf of Kuwait International Bank, with a total value of $300 million.