EmeaFinance magazine awarded Kuwait Finance House (KFH), the biggest and most trusted Islamic bank in the world, the Best Islamic Bank in Kuwait and Middle East award, in recognition of its achievements and unique performance, not to mention the added value it represents to the Islamic banking field. The award also serves to highlight the bank’s services and products that raise the competitive bar in the professional aspect of the industry, in addition to the bank’s social responsibility.
The magazine noted during the awards ceremony that has been held in Dubai recently, that KFH managed to cement its role and expand its local business field; especially that KFH was the first Islamic bank in Kuwait, and currently leads the Islamic banking field. In addition, KFH succeeded in making regional accomplishments in the Middle East region, and established strong economic pillars through direct and indirect investments, which is evident by the fact that KFH-Turkey is considered to be one of the best models for overseas investments during the past two decades.
Meanwhile, International Banking General Manager Shaheen Al-Ghanem, who received the award, asserted that KFH is keen to share its experience in the markets that witness its presence, in addition to setting up firm pillars for Islamic banking that are based on human development of local employees. He added that the bank also seeks to offer services and products that meet the requirements of the market and the nature of business of companies, not to mention cementing social responsibility.
Moreover, Al-Ghanem stated that due to the aforementioned accomplishments, KFH is highly demanded worldwide, and its Shariah compliancy and professional performance underline its reputation; especially that Islamic banking has become a highly competitive field in the global economic arena.
Al-Ghanem stressed that KFH will continue to follow its local, regional, and global expansion policy, in order to take advantage of the developments of the market and to seize available investment opportunities. He explained that this allows the bank to achieve high returns for depositors and shareholders, and revealed that KFH is looking into investment opportunities in emerging markets that witness high growth rates and encouraging legislations.