Boubyan: Most secure local institution for Islamic finance

Boubyan Bank has maintained its leading position locally among the most secure Islamic financial institutions, ranking fourth across the Gulf region in 2026, according to the annual ranking issued by the global magazine Global Finance. This reaffirms its prominent presence among the leading Islamic banking institutions in the region, underscoring the strength of its financial position, creditworthiness, and financial stability.

This achievement builds upon the status Boubyan has established in the banking sector, grounded in strong financial and operational foundations, and a strategy that combines balanced growth, business model development, and enhanced institutional efficiency, thereby supporting its capacity to sustain growth and meet the needs of its clients and shareholders.

On this occasion, Abdul Salam Al-Saleh, CEO of Corporate Banking, Financial Management, Treasury, and Legal Affairs, stated that the bank’s continued leadership among the most secure Kuwaiti Islamic financial institutions and its advanced regional standing reflect the strength of its financial foundations and the efficiency of its resource management, alongside its commitment to the highest governance standards and best banking practices. He emphasized that this achievement enhances the confidence the bank enjoys among its clients, shareholders, and investors.

He added that the significance of the ranking stems from its reliance on independent credit assessments issued by major global rating agencies, which reflect the creditworthiness of banking institutions, their ability to meet obligations, and their maintenance of financial stability. He noted that Boubyan’s continued presence among the top ranks exemplifies the success of its approach in balancing growth with the preservation of its strong financial position.

Al-Saleh clarified that Boubyan’s credit ratings from global agencies such as Moody’s, Standard & Poor’s, and Fitch reflect the strength of its financial position, the quality of its assets, the robustness of its capital and liquidity levels, as well as its prudent risk management policies and balanced business management approach. He pointed out that these fundamentals form a solid foundation supporting the bank’s ability to continue achieving its strategic objectives and enhancing the confidence of clients and investors in its long-term performance.

He noted that the bank continues to develop its institutional capabilities and enhance the efficiency of its operational processes, focusing on the quality of its financing portfolio and diversifying its banking activities, alongside developing its technological infrastructure and strengthening governance levels. These efforts support performance sustainability and provide a strong financial and operational base for continued expansion and capitalizing on growth opportunities.

Al-Saleh affirmed that the strength of Boubyan’s banking brand and its advanced position in the sector are based on a long-term strategy combining sustainable growth, innovation, and continuous development. He explained that over the past years, the bank has strengthened its presence and expanded its base of banking and digital services, reflecting the evolution of its business model and its ability to keep pace with market demands.

He added that innovation represents a core pillar of Boubyan’s strategy, through continued investment in modern technologies and the provision of innovative banking services and solutions that meet the needs of diverse customer segments and align with their evolving aspirations. He noted that the bank is accelerating its transformation into an AI-powered financial institution, contributing to the enhancement of customer experience, improved operational efficiency, and strengthened competitive capabilities.

The importance of the ranking is highlighted amid the rapid developments in the global financial and banking sectors, accompanied by growing interest in the strength, stability, and ability of financial institutions to deliver sustainable performance. Through its annual rankings, Global Finance continues to spotlight banking institutions with solid financial foundations and strong trust from customers and markets. The 2026 list of the ten most secure Islamic financial institutions in the Gulf countries included two banks from Kuwait, led by Boubyan, four Qatari banks, and two banks each from the United Arab Emirates and Saudi Arabia.