KIB awarded ‘Dis­tinc­tion in So­cial Re­spon­si­bil­ity in Is­lamic Bank­ing’

Kuwait Times - - LOCAL -

KUWAIT:

In recog­ni­tion of its achieve­ments and ef­forts within the lo­cal com­mu­nity, Kuwait In­ter­na­tional Bank (KIB) re­cently re­ceived the ‘Dis­tinc­tion in So­cial Re­spon­si­bil­ity in Is­lamic Bank­ing 2017’ award dur­ing the 2017 So­cial Re­spon­si­bil­ity in Is­lamic Banks con­fer­ence. The con­fer­ence was or­ga­nized by the Re­gional CSR Network and was held in Bahrain un­der the theme “Com­mit­ments of Is­lamic Banks To­wards its Ben­e­fi­cia­ries”. The con­fer­ence took place un­der the pa­tron­age of Bahraini Min­is­ter of Fi­nance, Sheikh Ahmed Bin Mo­hammed Al-Khal­ifa, and was at­tended by Chair­man of the Board of Di­rec­tors of the Bahrain As­so­ci­a­tion of Banks, Global So­cial Re­spon­si­bil­ity Am­bas­sador, Ad­nan Ahmed Yousif.

Dur­ing the con­fer­ence, Nawaf Na­jia, Man­ager of the Cor­po­rate Com­mu­ni­ca­tions Unit at KIB, re­ceived this pres­ti­gious award on be­half of the Bank. This lat­est ac­co­lade re­flects the Bank’s strong com­mit­ment to the high­est stan­dards of so­cial re­spon­si­bil­ity, which has led it to con­tin­u­ously con­trib­ute to char­i­ta­ble ini­tia­tives, pri­or­i­tize fi­nan­cial in­clu­sion, as well as em­bed com­mu­nity-based ini­tia­tives within the Bank’s op­er­a­tions. Ad­di­tion­ally, KIB is keen on is­su­ing a so­cial re­spon­si­bil­ity re­port and or­ga­niz­ing a wide range of ini­tia­tives and ac­tiv­i­ties that serve all seg­ments of the lo­cal com­mu­nity. The bank’s ex­ec­u­tive man­age­ment has also put in place a clear and com­pre­hen­sive so­cial re­spon­si­bil­ity pol­icy.

The Re­gional CSR Network is part of the United Na­tions Global Com­pact, an in­de­pen­dent in­ter­na­tional ad­vi­sory frame­work with of­fices in sev­eral coun­tries across the globe. The network aims at spread­ing aware­ness re­gard­ing so­cial re­spon­si­bil­ity and en­cour­ag­ing its im­ple­men­ta­tion in both the pub­lic and pri­vate sec­tor. Ad­di­tion­ally, KIB’s train­ing pro­gram ti­tled ‘So­cial Re­spon­si­bil­ity Spe­cial­ist in Is­lamic Banks’ was launched dur­ing the con­fer­ence.

Ac­cord­ingly, sev­eral dis­cus­sions fo­cus­ing specif­i­cally on so­cial re­spon­si­bil­ity in Is­lamic bank­ing took place, in­clud­ing: the ex­change of ex­pe­ri­ences and stan­dard prac­tices, cri­te­ria for suc­cess­ful im­ple­men­ta­tion and the im­por­tance of so­cial re­spon­si­bil­ity in meet­ing the di­verse needs of the com­mu­nity.

On this oc­ca­sion, Na­jia ex­pressed his de­light at KIB win­ning yet another award, es­pe­cially one that un­der­scores the bank’s ex­cep­tional suc­cess in sev­eral fields of Is­lamic bank­ing, and in par­tic­u­lar its out­stand­ing ef­forts within the field of so­cial re­spon­si­bil­ity. Fur­ther­more, he pointed out that ev­ery suc­cess achieved by KIB acts as a pow­er­ful mo­ti­va­tor, pro­pel­ling the bank to­wards many more suc­cesses and achieve­ments in the fu­ture.

At the end, Na­jia noted that KIB con­tin­ues to shine in the realm of so­cial im­pact, as it pro­vides on­go­ing fi­nan­cial and moral sup­port for a num­ber of key ar­eas, in­clud­ing: youth, healthcare, sports, na­tion­al­ism, hu­man­i­tar­i­an­ism, re­li­gion and cul­ture. Through its al­len­com­pass­ing so­cial re­spon­si­bil­ity strat­egy, KIB has man­aged to garner a num­ber of pres­ti­gious awards through­out the years, set­ting it apart from other lo­cal Is­lamic banks as a leader within the bank­ing sec­tor.

Nawaf Na­jia, Man­ager of the Cor­po­rate Com­mu­ni­ca­tions Unit at KIB (cen­ter) re­ceives the award.

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