.png)
KFH Germany
KFH Kuwait
KFH Turkey
Contact Us
Branch & ATMS Locator
Kuwait, 9 October 2009 - Kuwait Finance House (KFH) was awarded ‘The Best Islamic Bank in the Gulf’ award, and ‘The Best Islamic Bank in Kuwait’ award, in the Global Finance Group Awards. These were accorded in recognition of the Bank’s countless successes, the local and global expansionary measures, as well as its ability to match risks and investment opportunities on one hand and business requirements and growth on the other.
Mr. Mohammed Suleiman Al-Omar, Chief Executive Officer, KFH received the awards in Istanbul, where he said, “These awards are a significant addition to the numerous prizes and awards that KFH has received recently, especially because they celebrate the presence of KFH in the Gulf market. They also recognise the Bank’s commitment and adherence to the global banking rules and standards. KFH has now become a symbol for the Islamic finance industry in Kuwait, as well as around the globe.”
He added, "The Gulf is a significant region in our growth and expansion strategy. It is a promising market and we have absolute confidence in achieving success and growth there, as we did in the Kuwait market. We have also obtained an investment banking license in Saudi Arabia and are executing major real estate development projects in the eastern areas, as well as other major cities in the Kingdom. Since inception seven years ago, KFH-Bahrain has been actively involved in infamous projects in the region, namely ‘Durrat Bahrain’ and ‘Muharraq Homes.”
Mr. Al-Omar notably highlighted, “I am indeed very proud to announce that KFH is the sole organisation in the history of the Islamic finance industry to have facilitated the transfer of a conventional bank (National Bank of Sharjah) to a full-fledged Islamic bank. This reiterates the trust and confidence in the Kuwaiti private sector."
He further added, “KFH is continuously working on strengthening its commercial ties, building cooperation, communication bridges and channels with countries where it operates. These include Turkey, Malaysia, Singapore, Jordan, Bahrain, Australia and Saudi Arabia.”
Mr. Al-Omar also indicated that the investment of KFH in the Gulf region over the last decade has been via financing of projects, which has amounted to more than KD 15 Billion. These encompass various industries including communications, infrastructure, energy, real estate development and other financing projects such as the issuance of Sukuk, all of which have been arranged based on the ingenuity of the Bank’s products.
Mr. Al-Omar concluded saying, “The fact that KFH has simultaneously won ‘The Best Islamic bank in the Gulf’ as well as ‘The Best Islamic Bank in Kuwait’ titles is indicative of the strategies the Bank has employed to ensure it diversifies its profit centres, mitigates risks while availing opportunities, wherever they may be presented.”
Mr. Mohammed Suleiman Al-Omar, Chief Executive Officer, KFH received the awards in Istanbul, where he said, “These awards are a significant addition to the numerous prizes and awards that KFH has received recently, especially because they celebrate the presence of KFH in the Gulf market. They also recognise the Bank’s commitment and adherence to the global banking rules and standards. KFH has now become a symbol for the Islamic finance industry in Kuwait, as well as around the globe.”
He added, "The Gulf is a significant region in our growth and expansion strategy. It is a promising market and we have absolute confidence in achieving success and growth there, as we did in the Kuwait market. We have also obtained an investment banking license in Saudi Arabia and are executing major real estate development projects in the eastern areas, as well as other major cities in the Kingdom. Since inception seven years ago, KFH-Bahrain has been actively involved in infamous projects in the region, namely ‘Durrat Bahrain’ and ‘Muharraq Homes.”
Mr. Al-Omar notably highlighted, “I am indeed very proud to announce that KFH is the sole organisation in the history of the Islamic finance industry to have facilitated the transfer of a conventional bank (National Bank of Sharjah) to a full-fledged Islamic bank. This reiterates the trust and confidence in the Kuwaiti private sector."
He further added, “KFH is continuously working on strengthening its commercial ties, building cooperation, communication bridges and channels with countries where it operates. These include Turkey, Malaysia, Singapore, Jordan, Bahrain, Australia and Saudi Arabia.”
Mr. Al-Omar also indicated that the investment of KFH in the Gulf region over the last decade has been via financing of projects, which has amounted to more than KD 15 Billion. These encompass various industries including communications, infrastructure, energy, real estate development and other financing projects such as the issuance of Sukuk, all of which have been arranged based on the ingenuity of the Bank’s products.
Mr. Al-Omar concluded saying, “The fact that KFH has simultaneously won ‘The Best Islamic bank in the Gulf’ as well as ‘The Best Islamic Bank in Kuwait’ titles is indicative of the strategies the Bank has employed to ensure it diversifies its profit centres, mitigates risks while availing opportunities, wherever they may be presented.”
