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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......

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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......

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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......

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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......

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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......

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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......

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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......

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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......

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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......

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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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Top News

March 6, 2023
Kuwait’s budget surplus is likely to stabilize around KD 5 billion
March 1, 2023
Marriott Resort Palm Jumeirah celebrates opening
February 28, 2023
CMA launches special communications service through Sahel


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