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In the news..
KFH Wins Three Euromoney Awards for Excellence 2026 in Wealth Management and ESG
Kuwait Finance House (KFH) has been recognized with three prestigious accolades at the Euromoney Awards for Excellence 2026, winning Middle East's Best Islamic Bank for Wealth Management, Kuwait's Best Islamic Bank for Wealth Management, and Kuwait's Best Islamic Bank for ESG. The awards highlight KFH's continued success in advancing Islamic wealth management and embedding environmental, social and governance (ESG) principles across its business, reflecting the bank's commitment to innovation, customer excellence and sustainable value creation. Leadership in Islamic Wealth Management In awarding KFH the titles of Middle East's Best Islamic Bank for Wealth Management and Kuwait's Best Islamic Bank for Wealth Management, Euromoney highlighted the bank's transformation of its Private Banking and Wealth Management (PBWM) business into a more integrated, advisory-led platform that combines banking, financing and investment solutions under Shariah principles. According to Euromoney, KFH consolidated its PBWM operations into a unified structure and introduced a new operating model aimed at enhancing client experience, strengthening investment capabilities and delivering more sophisticated Islamic wealth solutions. The transformation was supported by investment in specialist talent, technology and the continued development of KFH Capital, the bank's asset management arm. Euromoney noted that a key element of KFH's strategy was the redesign of its client coverage model through a specialized advisory framework bringing together relationship managers, investment specialists, financing specialists and account managers, enabling clients to access tailored expertise across their banking, financing and investment needs. The publication also highlighted KFH's focus on talent development, with PBWM teams completing advanced Moody's training, Chartered Institute for Securities & Investment (CISI) certifications and specialized Islamic wealth advisory programs. On the investment side, Euromoney pointed to the launch of KFH's global discretionary portfolio management (DPM) service, which is built around the bank's internal house view and asset allocation model and offers clients a diversified multi-asset investment approach through an open-architecture range of Shariah-compliant investment funds. Digital innovation also played a significant role in KFH's success. Euromoney cited the implementation of a new asset management system by KFH Capital to centralize fund and portfolio management, as well as enhancements to the KFH Wealth App and integrated investment portal, providing clients with improved real-time access to their portfolios. The introduction of the Allfunds platform in Kuwait further expanded access to a broader universe of Shariah-compliant investment opportunities. Euromoney added that KFH achieved record PBWM profitability and growth in investment assets under management during the review period, reinforcing the bank's position as Kuwait's benchmark for modern, advisory-led Islamic wealth management. Recognition for ESG Excellence KFH's award as Kuwait's Best Islamic Bank for ESG reflects the bank's comprehensive approach to sustainability and responsible banking. According to Euromoney, KFH applied a structured ESG framework across financing, operations and community investment, delivering measurable environmental efficiencies, expanded access to essential services and stronger governance oversight. The publication noted that ESG considerations were embedded in KFH's core banking activities through increased exposure to green and sustainability-linked sukuk, as well as financing for national infrastructure projects, including wastewater treatment facilities that support water reuse and resource efficiency. Euromoney also highlighted KFH's efforts to reduce energy consumption across its branch network by replacing conventional lighting with energy-efficient LED systems, upgrading heating and cooling systems, and introducing automated controls to improve operational efficiency. In addition, KFH delivered certified green buildings, including assets that achieved GSAS Gold and LEED Gold certifications, demonstrating measurable improvements in energy, water and waste performance while helping establish sustainability benchmarks for commercial real estate in Kuwait. On the social impact front, Euromoney recognized KFH's Creating Shared Value (CSV) platform, through which more than 200 initiatives were delivered. These included allocating KWD 8 million toward the reconstruction of Al Mubarakiya, covering 17 buildings, and KWD 18 million in support of a cardiac center. These initiatives were complemented by more than 3,000 volunteer hours, the distribution of over 18,000 Ramadan meals, and support provided to 1,680 families, contributing to healthcare, heritage preservation and essential community services. Euromoney further noted that KFH maintained strong governance standards through board-level oversight, comprehensive emissions measurement and the integration of ESG considerations into credit assessment processes, aligning sustainability objectives with risk management and capital allocation decisions. Commitment to Excellence The awards reflect the bank's unwavering commitment to innovation, customer-centricity, sustainability, and leadership in Islamic finance. The recognition further strengthens KFH's position as a regional leader delivering world-class Shariah-compliant financial solutions while contributing to sustainable economic and social development. The three Euromoney Awards for Excellence 2026 underscore KFH's ongoing success in setting new standards for Islamic wealth management and responsible banking, both in Kuwait and across the Middle East. Euromoney For over 50 years, Euromoney has been the trusted benchmark for excellence in global banking and finance, recognizing institutions that demonstrate outstanding performance, innovation, and client service. Euromoney’s Awards for Excellence have recognized financial institutions that set the global standard in performance, innovation and client impact.
KFH Wins Euromoney's Best Digital Bank Award in Kuwait
Kuwait Finance House (KFH) has been named the Best Digital Bank in Kuwait at the prestigious 2026 Euromoney Awards for Excellence. The accolade recognizes KFH’s continuous achievements in digital transformation and its strategic commitment to delivering an integrated ecosystem of advanced, sustainable digital banking solutions. By consistently elevating the customer experience, KFH continues to cement its leadership position in the banking sector. "This award reflects KFH's outstanding milestones in digital banking and the cumulative impact of our continuous investment in technology and innovation," said Haytham Alterkait, Deputy Group CEO Transformation, Technology and Operations at KFH. He emphasized that the bank is pursuing its plans for a comprehensive digital ecosystem, ensuring KFH delivers seamless, high-value services that align perfectly with modern customer needs. Alterkait added that KFH has successfully strengthened its digital presence by upgrading its technological infrastructure and expanding the scope of services provided across various digital channels and platforms, alongside smart branches and self-service kiosks. This has contributed to a qualitative leap in banking service standards, increased adoption rates, and enhanced both quality and operational efficiency metrics. He noted that KFH has built an integrated digital transformation model driven by a strategic, customer-first vision that yields measurable operational results. In 2025 alone, the bank processed over 600 million digital transactions and offered more than 200 fully digital services through KFHonline, further cementing digital banking as the preferred choice for its customers. Alterkait explained that KFH continues to stay ahead of rapid advancements in financial technology (FinTech), data engineering, digital product design, and smart solutions, all while maintaining the highest standards of quality, reliability, governance, and cybersecurity. These efforts drive operational efficiency, boost productivity, accelerate service delivery times, and ultimately strengthen customer satisfaction and trust. He emphasized that KFH remains committed to driving customer-centric digital innovation. By deploying advanced technology, upgrading its digital infrastructure, and strengthening its cybersecurity framework, the bank ensures the continuous delivery of a secure, cutting-edge, and sustainable digital banking ecosystem, cementing its market leadership and competitive edge. On corporate banking, Alterkait noted that KFH has continued to upgrade its eCorp platform with advanced, high-value systems. These integrations drive operational efficiency for businesses and institutions, keeping pace with their evolving needs while delivering seamless user experience. He emphasized KFH’s commitment to rolling out next-generation banking solutions, building on the proven success of its digital transformation strategy. This momentum further solidifies the bank's position as a leader in driving digital innovation across both Islamic finance and the broader banking sector. Award criteria The Best Digital Bank Award recognizes financial institutions that demonstrate excellence in leveraging technology to enhance customer experience and deliver tangible, measurable business impact. Entries are evaluated based on several key criteria, including the institution's overall digital strategy, investments in technology and innovation, product and service development, and improvements to the customer experience. Particular consideration is given to digital transformation initiatives, the adoption of emerging technologies, such as artificial intelligence, automation, and advanced analytics, and the extent to which these initiatives deliver tangible business benefits. Euromoney Awards for Excellence The Euromoney Awards for Excellence are among the world's most prestigious accolades in the financial services industry. They recognize institutions that showcase outstanding performance, cutting-edge innovation, digital capabilities, and a commitment to delivering lasting value to customers. For more than 50 years, Euromoney has served as the trusted global benchmark for the banking and finance sectors, honoring the organizations that consistently set the standard for global excellence.
The Ministry of Higher Education Lauds KFH's Role in Supporting "Wajhni" Campaign for Scholarship Students
The Undersecretary of the Ministry of Higher Education, Dr. Bader Al-Basiri, commended Kuwait Finance House (KFH) for supporting "Wajhni" national scholarship campaign. He emphasized that this partnership strengthens the Ministry's efforts to prepare students studying abroad and serves as a prime example of a successful public-private partnership supporting Kuwaiti scholarship recipients. This came on the sidelines of the orientation meeting held by the Ministry of Higher Education, in cooperation with KFH, for students admitted into the external scholarship plan for the 2026/2027 academic year. Shaping the future Head of Group Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh, congratulated the admitted students, wishing them success and academic excellence on their path to contributing to the nation’s development. He highlighted KFH’s pride in its ongoing partnership with the Ministry of Higher Education on "Wajhni" campaign, an initiative that has already reached thousands of students and parents, raised academic awareness and better prepared them for university life abroad. Al-Ruwaieh emphasized that empowering youth and supporting education are core pillars of the bank’s social responsibility and sustainability strategy. This commitment stems from a firm belief in the power of education to build a brighter future and cultivate the local talent needed to drive national development and progress across all sectors. Al-Ruwaieh highlighted "Wajhni" campaign as a highly successful model of public-private collaboration dedicated to supporting Kuwaiti scholarship students. The initiative guides students through every step of their academic journey, from early awareness and registration to comprehensive post-admission orientations that prepare them for university life. He emphasized that investing in these students today directly strengthens Kuwait's future workforce and fuels national development. Youth are the nation`s asset Meanwhile, Senior Manager PR and Event Management at KFH, Fahad AlSaad, emphasized that the bank considers youth and students the nation’s greatest asset. He highlighted KFH’s ongoing commitment to supporting educational initiatives that empower youth, sharpen their skills, and prepare them for successful future careers. AlSaad pointed out that KFH’s participation in “Wajhni” campaign extends the bank’s commitment to supporting training and awareness initiatives that enhance youth job market readiness and develop their creative and innovative capabilities. Four main topics Presented by representatives of participating entities, the orientation meeting covered four main topics to prepare students for academic life abroad and familiarize them with key scholarship guidelines. The educational and guidance topic addressed procedures required before starting the scholarship, while the security topic reviewed awareness guidelines on cybercrime, drug abuse, and prevention. The health topic highlighted key guidelines and instructions students need during their scholarship journey. Meanwhile, the banking topic, presented by strategic partner KFH, covered accounts and services tailored for studying abroad, as well as essential banking procedures before departure and during their studies.
KFH Launches Summer Travel Campaign with Discounts of up to 25% and up to 6% Cashback and Points
Kuwait Finance House (KFH) has launched an exclusive offer in collaboration with Visa and the Wego app, offering Visa cardholders discounts of up to 25% on flight and hotel bookings. The initiative reflects KFH’s commitment to delivering added value and exclusive benefits to its customers, enhancing their banking experience while meeting their diverse needs. It also makes summer travel more affordable, convenient, and rewarding. The promotion allows customers to enjoy a seamless travel experience that combines quality, flexibility, and savings. Deputy General Manager Cards at KFH, Talal AlArbeed, said that the special offer, in cooperation with the Wego app, is part of a summer travel package designed to enhance customers’ travel experience and provide integrated banking services that meet their expectations. He added that it also aims to encourage the use of KFH cards, which offer multiple advantages and added value, ensuring a more cost-effective and flexible travel experience. AlArbeed noted that the offer provides greater flexibility, as there is no minimum booking requirement, allowing customers to benefit regardless of booking value. He explained that the discount is capped at KD 100 per category, whether for flight tickets or hotel bookings, and can be redeemed once per category throughout the campaign period, which runs until 20 July, 2026. He added that the offer is available exclusively to holders of KFH-issued Visa debit, credit, and prepaid cards. Customers can redeem the discount by entering the promo code KFH100 on the dedicated offers page within the Wego app and must manually enter their card details at checkout. Cashback up to 6% AlArbeed also announced that KFH has launched a new promotional campaign for Visa cardholders, offering them KFH Rewards Points of up to 6% cashback on their total international spending, with a maximum of KD 180 during the campaign period. He explained that the offer applies to all eligible KFH-issued Visa debit, credit, and prepaid cards, excluding the Visa Signature card, which already provides up to 6% cashback, as well as foreign currency prepaid cards. Cardholders can benefit from this offer when making purchases abroad or shopping online in foreign currencies. The campaign will run for two months, According to the campaign's terms and conditions, cashback will be calculated based on total card usage during the campaign period, and the amount earned will be credited to customers’ accounts after the campaign ends. AlArbeed further noted that this initiative is part of KFH’s ongoing efforts to enhance the digital payments experience and deliver added value for international transactions, reflecting the Bank’s commitment to innovative banking solutions and competitive benefits that meet customers’ expectations inside and outside Kuwait. KFH remains dedicated to putting customers first, ensuring every service and innovation is built around their needs. The Bank provides premium banking experience through cutting-edge solutions and strategic partnerships that offer exclusive, real-world value. Designed to match modern lifestyles, KFH’s integrated services combine quality, flexibility, and competitiveness to consistently elevate customer satisfaction.
