KFH Sweeps 5 Prestigious Awards from EMEA Finance

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Kuwait City, Mar 10: Kuwait Finance House (KFH) announced that it has been recognized with five prestigious awards at the 16th Annual EMEA Finance Middle East Banking Awards. This remarkable achievement highlights KFH’s leadership in the banking industry, its commitment to providing exceptional financial services and products, innovative solutions, and impactful social responsibility initiatives. The awards recognize KFH’s business quality, performance efficiency, and excellence that cater to the evolving needs of its diverse clientele.

KFH secured the following accolades: Best Islamic Bank – Middle East, Best Bank – Kuwait, and Best Islamic Bank – Kuwait, Best Product Launch (Zaheb)- Middle East, and Corporate Social Responsibility – Middle East Award.

These five awards from EMEA Finance further reflect the bank’s position as a leader in Islamic banking and a trusted partner for its customers and communities.

The Best Bank – Kuwait award underscore KFH’s position as a leading financial institution, recognized for its high standards of service, innovative products, and commitment to client satisfaction.  This focus on customer experience is further underscored by KFH’s Best Islamic Bank – Kuwait award. KFH delivers unparalleled Shariah-compliant financial solutions while adhering to the highest global standards, making the bank a benchmark for Islamic banking excellence.

During the awarding ceremony held in Dubai, KFH Deputy General Manager Public Relations and Media, Yousef Abdullah Al-Ruwaieh said:” It is an honor to receive the five prestigious awards from EMEA Finance. These accolades are a testament to the tireless efforts of our dedicated team, as well as KFH’s leading position and commitment to offering solutions and initiatives that meet customer aspirations, foster sustainable growth, and adhere to the highest global standards.”

He added:” We are pleased to win the Corporate Social Responsibility- Middle East Award. It reinforces KFH’s consistent efforts in social responsibility and strategic societal initiatives. It also highlights KFH’s excellence in implementing various environmental and sustainability initiatives under the “Keep it Green” campaign. KFH remains committed to integrating social responsibility into its core operations, contributing to positive societal change.”

Al-Ruwaieh emphasized that these awards celebrate KFH’s unwavering dedication to social responsibility initiatives. The bank’s commitment extends to various areas, including education, healthcare, environmental sustainability, community development, supporting people with special needs, students, and fresh graduates, and launching awareness campaigns and community activities, ultimately demonstrating its commitment to sustainable social development.

He added that KFH’s dedication to innovation, customer-centricity, and social responsibility has been instrumental in its continuous growth and success. These awards serve as a further recognition of the bank’s commitment to these core values as it steeks to solidify its position as a leading global Islamic financial institution.

Best Product Launch (Zaheb)- Middle East

Meanwhile, KFH Executive Manager Credit and Charge Card Products, Talal AlArbeed said that Best Product Launch (Zaheb)- Middle East award recognizes KFH’s exceptional product launch within the corporate segment. It also signifies its dedication towards digital transformation and rolling out innovative financial solutions that cater to the evolving needs of corporate clients.

“These accolades are a testament to the collective efforts of our dedicated team who consistently strive to deliver exceptional value to our customers. The awards further reinforce our commitment to upholding the highest standards of Islamic banking practices and driving innovation within the financial sector,” he said.

AlArbeed further added, “These awards reaffirm KFH’s commitment to delivering innovative Sharia-compliant financial solutions and fostering sustainable growth. The innovative services KFH provides reflect its commitment to digital development, catering to different customer segments and meeting their interests and aspirations in line with global standards. “

He revealed that Zaheb platform affirms KFH’s commitment to digital development, catering to different customer segments and meeting their interests and aspirations in line with global standards.

He added that since its launch, Zaheb has been succeeded in meeting a large part of e-payments requirements.

“The Zaheb platform is designed to cater to the needs of both merchant customers and owners of small and medium enterprises (SMEs). It specializes in offering two innovative payment methods: invoice links and QR code payments. Merchants can generate invoice links, which they can then share with their customers via email or SMS, for easy online payment. Additionally, the platform allows merchants to create dynamic or static QR codes that customers can scan to pay directly using their debit or credit card,” added AlArbeed.

The EMEA Finance Middle East Banking Awards are a prestigious recognition program that celebrates outstanding achievements and contributions within the financial services sector across the Middle East region. The 16th edition of the awards witnessed participation from leading financial institutions across the region.

In addition, the EMEA Finance Awards are among the most important awards in the banking sector in Europe, Middle East and Africa region, which aim to honor banking institutions based on their financial performance, standards of service quality, and excellence in the banking sector. The prestigious financial magazine awards are based on basic criteria in the process of selecting the best banks, including the bank’s market share, the growth of its products in the market, profitability, in addition to the quality of its business strategy, contributions, its role in the issuance markets, and innovation in products and services.

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