Global Finance: KFH is the ‘Safest Islamic Bank in Kuwait and region’

The safest banks chart prepared by Global Finance Magazine has shown that KFH has maintained its leading position as the safest Islamic bank in Kuwait, second at the GCC level, seventh at the Middle East level and ranked 24 among 50 banks considered by Global Finance Group as the safest banks at the emerging markets level. The chart is issued by Global Finance for the last 25 years and considered as the most trusted magazine which covers more 500 banks. The magazine is dependent on certain facts including assets volume, financial indicators, profit ratios, operational revenues, and governance and compliance standards.

KFH leading position among the safest banks has reiterated the soundness and credibility of KFH trends and the success of the bank’s performance on its 46th anniversary in addition to the soundness of its financial position and volume of business.

KFH has spread its business through 500 branches worldwide. Accordingly, the well-studied resolutions and prudent policies have achieved for KFH in all aspects of safety and security. The sound and literal implementation of professional and Sharia compliance standards has contributed to the continuity of the “Safety & Security” policy in accordance with methodological standards. KFH a vivid vision has achieved sustainable and well balanced growth, qualitative performance, solid market share, remarkable series of products and services, highly significant human resources skills to cope with grand global banks.

KFH has achieved sustainable growth and faced various market challenges, thus increasing customers trust and expanding its share in the market. KFH remains leading in local market, competitive worldwide with a set of highly developed and creative products. Good reputation, distinguished trade mark and continuous performance development shall increase global interest in Sharia compliant products and services and increase KFH share in the market.

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 480 branches, including KFH-Turkey, 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.