Kuwait Finance House (KFH) has secured three awards at the 2026 Global Private Banking Innovation Awards, recognizing its achievements in private banking and wealth management. The bank was honored as the Best Private Bank in Kuwait, Best Private Bank for Islamic Services, and Best Private Bank for Discretionary Portfolios in Kuwait.
The awards, announced on June 13 in Kuwait City, underscore KFH’s position as a leading provider of Sharia-compliant private banking solutions. The recognition followed an extensive evaluation by a panel of judges from Global Private Banker magazine, who assessed the bank’s offering based on a range of criteria, including its Sharia-compliant banking products, geographic presence, client relationship management, and digital innovation.
KFH operates more than 600 branches across regions including the Middle East, Asia, and Europe, with significant footprints in Kuwait, Bahrain, Turkey, Egypt, the United Kingdom, and Germany. The bank’s services are designed to meet the financial needs of high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients through a diverse portfolio of offerings such as portfolio management, international equity and real estate funds, leasing, trade finance, and treasury solutions. KFH emphasizes its ability to adapt to evolving global economic and market trends while maintaining compliance with Islamic finance principles.
Hamad Mohammed Alghannam, General Manager of Private Banking, Wealth Management, and Individual Financing at KFH, highlighted the strength of the bank’s integrated model. He noted that KFH provides tailored, Sharia-compliant investment opportunities designed to build risk-consistent portfolios by combining local market expertise with global investment prospects. He also underscored the importance of a disciplined, scalable discretionary approach governed by a comprehensive framework ensuring full Sharia compliance across all services.
Alghannam further explained that clients benefit from access to real-time market data for trading Sukuk, stocks, commodities, and real estate, supporting more informed and timely investment decisions. He pointed to KFH’s broad range of banking solutions and advisory services, delivered by experienced relationship managers, as key factors that distinguish the bank in the competitive landscape.
Since its launch in 2009, the Global Private Banker Awards have recognized excellence in private banking worldwide, evaluating both quantitative and qualitative aspects of performance in the industry. KFH’s recent sweep of awards highlights its leadership in the Islamic private banking sector and its commitment to serving the unique needs of its affluent clientele.
