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islamic finance
KIBPay service launched for higher efficiency in fund collecting
March 17, 2023
Kuwait International Bank (KIB) will be offering its KIBPay service to its corporate clients as part of the bank’s strategy to provide its......
Continue Reading >Awqaf’ closes registration for Hajj on Feb 28
February 24, 2023
KUWAIT CITY, Feb 23: The Ministry of Awqaf and Islamic Affairs announced on Thursday, that the closure of registration to perform Hajj on its website......
Continue Reading >KFH tops highest rankings in Kuwait: Euromoney
October 31, 2022
KUWAIT CITY, Oct 30: Euromoney Magazine has classified Kuwait Finance House (KFH) as a market leader in four categories: digital solutions, corporate......
Continue Reading >Islamic banks in Kuwait record 8.5% growth
October 14, 2022
KUWAIT CITY, Oct 13: Fitch Ratings affirmed that the flexible credit quality of Kuwaiti Islamic banks in the first half of this year will further......
Continue Reading >KFH completes acquisition of Ahli United Bank
October 4, 2022
Kuwait Finance House has completed its acquisition of Ahli United Bank, creating one of the largest banks in the Gulf region. In a statement, Ahli......
Continue Reading >Islamic Development Bank approves $1.12bn to fund projects in nine countries
September 15, 2022
The Islamic Development Bank has approved $1.12 billion in development financing for projects in nine member countries as it seeks to bridge fund......
Continue Reading >Islamic Finance in Kuwait - Broadening Horizons
September 6, 2022
Central to economic growth is financial services, in particular Islamic banking, for which Kuwait already is internationally recognised. Kuwait’s......
Continue Reading >KFH Participates in NUKS Academic Opportunities Fair
September 2, 2022
KUWAIT: Under the attendance and patronage of Kuwait University President Dr Yousef Al-Roumi, Kuwait Finance House (KFH) participated in the Academic......
Continue Reading >Kuwait Finance House notifies Ahli United of firm intent to fully acquire AUB
July 27, 2022
Kuwait Finance House issued two documents to Ahli United Bank (AUB) on Monday relating to its acquisition of the Bahrain-based lender, moving a step......
Continue Reading >KFH general assembly approves acquisition of AUB-Bahrain
July 26, 2022
KUWAIT: Kuwait Finance House (Baitak) held its ordinary and extraordinary General Assembly meeting on Monday and approved the deal to acquire Ahli......
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