KFH wins ‘Best Islamic Bank 2016’ award Global Islamic Finance Awards GIFA
Kuwait Finance House (KFH) won “Best Islamic Bank 2016” award by the awards committee of Global Islamic Finance Awards GIFA in recognition of its instrumental role in consolidating the pillars of sustainable growth of Islamic finance industry, yet an acknowledgment of the pioneering position of the bank in offering innovative sharia-compliant products and services.
Yousef Alghusain, Senior Manager Strategic Business Coordination received the award in the awards ceremony held in the Indonesian capital, Jakarta. The award affirms KFH’s success in offering an integrated system of technical, financial, and banking services, not to mention meeting the expectations of its clients. The bank has vast experience in balancing Sharia requirements with the latest banking technology. KFH’s leadership in the field of Islamic banking, since it was the first Islamic bank in Kuwait, highlights the bank’s fruitful efforts in expanding in various markets, which allowed it to become the best Islamic bank in the world.
KFH continues its outstanding performance across the Group banks in Bahrain, Turkey, Germany, Malaysia and Saudi with focusing on its businesses in Kuwait. KFH’s global success would have never been attainable, if the bank did not have a solid platform and high level of professionalism.
KFH has an impeccable record in arranging sukuk deals and leading financing for development projects in several vital sectors, which contributes in boosting the national economy.
It is noteworthy that Global Islamic Finance Awards are part of prestigious awards program to celebrate the success of Islamic financial services, yet to honor the best practices of Islamic finance industry in a bid to motivate the consistency of businesses with Shariah provisions and meeting customer expectations.
KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.
KFH manages its operations in the GCC, Asia, and Europe through over 446 branches, including KFHTurkey, in order to offer services for the bank’s clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan, and Dubai.
KFH’s mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH’s vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.
KFH’s values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.
Yousef Alghusain receiving the award