Kuwait Finance House (KFH)
Incorporated in 1977 as the first bank operating in accordance with the Islamic principles of Shariah, Kuwait Finance House (KFH) has emerged as one of the leading Islamic banks in the world.
Incorporated in 1977 as the first bank operating in accordance with the Islamic principles of Shariah, Kuwait Finance House K.S.C. (KFH) has emerged as one of the leading Islamic banks in the world. KFH has business operations in Bahrain, Turkey, Jordan, Saudi Arabia, Malaysia as well as affiliates in the United Arab Emirates, Oman and Bangladesh. Dubbed the ‘Harvard of Islamic banks’ in the 2007 issue of Forbes magazine, KFH has earned global recognition, having received numerous prestigious local and international awards. The accolades attest the financial strength, quality of assets and the efficiency and professionalism of its employees.
Today its largest shareholders include the Kuwait Investment Authority and the Kuwait Awqaf Public Foundation. It employs around 15,000 people. The bank has now surpassed the National Bank of Kuwait to become the most valuable company in Kuwait. In May 2021, KFH launched a digital wallet service enabling payments to be made through electronic devices and wearables.