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Kuwait Finance House Named Islamic Bank of the Year in MENA for 2026

Kuwait Finance House Named Islamic Bank of the Year in MENA for 2026
Qiyas summary

Kuwait Finance House won the Islamic Bank of the Year award in the Middle East and North Africa for 2026, achieving strong profits and growth.

Translated by Qiyas from الراي — Original source

Kuwait Finance House (KFH) won the “Bank of the Year for Islamic Banks in the Middle East and North Africa 2026” award as part of the Corporate and Investment Banking Excellence Awards organized by the global MEED magazine. This achievement underscores the bank’s leading regional and global position across various banking sectors, its pioneering role in the Islamic finance industry, and its success in delivering innovative banking solutions and a comprehensive banking experience to its clients.

The award reflects KFH’s success in continuing to develop an integrated business model that combines deep banking expertise with continuous innovation in products, services, and financial solutions, thereby meeting the needs of diverse customer segments and supporting companies and institutions in executing their financing and investment plans efficiently and flexibly.

KFH was honored with the award at a ceremony held in Dubai, coinciding with Dubai Future Finance Week, which brought together a select group of leaders from the financial and banking sectors, decision-makers, and experts from across the region. Abdullah Al-Saif, Executive Director of the Public Relations and Social Media Center at KFH, accepted the award on behalf of the bank.

This recognition highlights KFH’s pioneering journey in consolidating the position of Islamic banking and enhancing its role in financing economic and investment activities, through specialized banking and financing solutions that keep pace with market developments and meet the needs of companies, investment institutions, and the aspirations of its clients.

The selection of KFH reflects its status as one of the largest Islamic financial institutions in the world, boasting strong financial soundness and outstanding operational performance.

This was reflected in achieving the highest profits across the banking sector and the Kuwaiti market. The bank reported net profit attributable to shareholders of KD 523.4 million through the end of the third quarter of 2026, representing a 6.2% growth compared to the same period last year. Meanwhile, net operating income rose to KD 1,004.7 million through the end of the third quarter of 2026, marking an 11.7% increase. Additionally, the bank successfully executed its strategy aimed at accelerating the pace of digital transformation, developing innovative banking products and services that enhance the customer experience and strengthen its competitiveness in the markets, while continuing to achieve sustainable growth.

KFH continues to strengthen its local, regional, and global presence, leveraging its accumulated expertise and wide geographical footprint. Its network includes more than 600 branches across approximately 10 countries worldwide, alongside advanced capabilities in structuring financing solutions, building partnerships, managing customer relationships, and providing banking and investment services tailored to the nature of their businesses and expansion plans.

The award highlights KFH’s pivotal role as a strategic partner in supporting development projects and contributing to the realization of Kuwait Vision 2035, by providing innovative and diverse financing solutions that meet the needs of major strategic projects and help drive sustainable and inclusive economic development. This reflects the bank’s commitment to supporting investment and enhancing the corporate banking sector.

The entities participating in the 2026 Middle East and North Africa Banking Excellence Awards are evaluated according to precise and transparent criteria by an independent jury panel comprising a select group of senior experts and specialists in the banking sector. The committee reviews and evaluates all submissions before finalizing the results and selecting the winners.

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