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KFH Fosters Unified Culture to Drive Innovation and Global Growth

KFH Fosters Unified Culture to Drive Innovation and Global Growth

Kuwait Finance House (KFH) has initiated a comprehensive “Leadership Cultural Training Programme” as a cornerstone of its post-acquisition strategy. The ongoing programme, themed “Bringing Our Values to Life,” is designed to cultivate a unified corporate culture and empower employees to embody the group’s new brand values.

This strategic initiative marks a pivotal moment in the Group’s transformation, following a historic acquisition that has established KFH as one of the largest Islamic banking entities in the world. The programme is tailored to align all staff, beginning with leadership, with the core principles and ambitious vision of the newly integrated organization.

The training programme is focused on embedding KFH’s core values of being Open, Brave, and Imaginative, while upholding the foundational Islamic principles of integrity and transparency. The initiative aims to create a cohesive and dynamic work environment that will propel KFH Group towards its goals.

“As we embark on this transformative journey, fostering a shared culture is paramount to our success,” said Dr. Shadi Zahran, Group CEO of KFH – Bahrain. “This programme is more than just training; it’s an investment in our people and the future of our organisation. By empowering our team with a unified vision and a strong set of values, we are building a solid foundation for innovation, excellence, and sustainable growth. Our collective commitment to these principles will be the driving force behind our ambition to lead the global Islamic finance industry.”

Dana Bukhammas, the Group Head of Human Resources Transformation and Development, stated, “Transformation begins with people. When organizations prioritize the people agenda in their journey, they unlock new heights of success. We are dedicated to driving change by placing our people at the heart of everything we do. We take immense pride in our team and their remarkable ability to lead this transformation and realize our shared vision. Adding to our confidence, as part of KFH Group, we are proud to have received nine international awards from the Brandon Hall Group Excellence Awards 2025 in the Human Resources field, and one of them is the Golden Award for Employee Experience during the acquisition.

The Cultural Training Programme is being rolled out across the organisation, with all employees set to participate. This inclusive approach ensures that every member of the KFH team is a key participant in this new chapter of the bank’s history.

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Kuwait Finance House Reinforces Commitment to Bahraini Talent with Key Senior Hires

Kuwait Finance House Reinforces Commitment to Bahraini Talent with Key Senior Hires

Kuwait Finance House (KFH) has announced the appointment of four distinguished Bahraini professionals to key leadership positions within the bank. These appointments underscore KFH’s unwavering commitment to nurturing local talent and empowering Bahraini leaders in the financial sector, aligning with the Kingdom of Bahrain’s vision to promote career advancement for its citizens.
The new appointees are Ms. Yosra Abdulla, Ms. Sara Zainalabedin, Mr. Mahmood Ghaleb Al Mahmood, and Mr. Mohamed Fathi.

Joining the Human Resources team, Ms. Yosra Abdulla has been appointed Head of Employee Experience and Engagement. With over 17 years of experience in strategic HR leadership, she has a proven track record in leading people-centric transformations and championing employee engagement.

Ms. Sara Zainalabedin has taken on the role of Head of Organisational Design & Workforce Planning. She brings over 17 years of diverse experience across Talent Management, Organisational Development, and HR Operations, and holds a CIPD Level 7 Certificate in HRM. She is in charge of driving impactful strategies that attract and develop talent in alignment with organisational goals.

Joining the Corporate Banking division, Mr. Mahmood Ghaleb Al Mahmood brings 23 years of extensive experience in the banking industry, holding a Master of Business Administration from DePaul University, with deep expertise in corporate and SME banking.

In his new role as Head of Cards and Acquiring within the Retail Banking Department, Mr. Mohamed Fathi has over 22 years of diverse experience across reputable financial institutions. He has a proven record of driving sustainable business growth through strategic card initiatives and data-informed marketing.
Dr. Shadi Zahran, Group CEO of KFH – Bahrain, commented on the new appointments, saying: “I am personally delighted to welcome our new leaders to the KFH team. The addition of such exceptional professionals as Yosra, Sara, Mahmood, and Mohamed is a significant step in our journey of growth and excellence. Their profound expertise and proven leadership in their respective fields are crucial as we continue to innovate and enhance our service offerings for our clients. This investment in top-tier Bahraini talent is fundamental to our strategy and reaffirms our commitment to playing a pivotal role in the Kingdom’s continued success.”

Dana Bukhammas, Group Head of HR Transformation & Development at KFH, also stated: “We are delighted to welcome Yosra, Sara, Mahmood, and Mohamed to the KFH family. Their collective expertise and leadership are invaluable to our organisation. These appointments are a testament to our strategic focus on investing in and empowering national capabilities. By attracting and developing the best Bahraini talent, we are not only strengthening our team but also actively contributing to the Kingdom’s vision for a prosperous future led by its own citizens.”

These strategic hires reflect KFH’s ongoing efforts to invest in national talent, ensuring the bank’s leadership is composed of highly experienced professionals who will drive innovation and growth while upholding the bank’s core values.

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MyHassad BD500,000 Winner is celebrated at Kuwait Finance House Headquarters

MyHassad BD500,000 Winner is celebrated at Kuwait Finance House Headquarters

Kuwait Finance House B.S.C. (c) has announced the handover of the BD (500,000) MyHassad Grand Prize to the lucky winner, Mr. Ganesh Ravi Pillai. The prize handover ceremony took place at the Bank’s Headquarters in Seef District, in a special occasion that brought together the winner and a number of the bank’s employees.

Mr. Pillai expressed his joy and gratitude, saying, “I am truly honored and delighted to win the MyHassad Grand Prize. My journey with the Bank has always been rewarding and I look forward to continuing my banking journey with KFH and exploring further opportunities.”

Meanwhile, Mr. Mohamed Zakout, Deputy Group Chief Executive Officer – Retail Banking at KFH, stated, “This handover marks the conclusion of our MyHassad scheme for the first half of the year. Work is now in progress to unveil what Kuwait Finance House B.S.C. (c) has in store for our valued customers under the KFH banner, reflecting our commitment to continuously enhance our customer experience and enhancing the level of services provided to meet their aspirations, strengthening its position as a leading financial institution.”

The MyHassad Savings Account continues to be one of the most rewarding savings schemes in the Kingdom, having awarded more than (19,000) prizes to its customers to date. Customers can easily open an account with just a few clicks through the KFH Mobile Application or by visiting there nearest KFH branch distributed across a network of (19) branches, enabling them to start their journey toward saving and winning.

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Ajlan & Bros successfully executes its maiden syndicated unsecured USD 300 million 7 Years Term Murabaha Facility

Ajlan & Bros successfully executes its maiden syndicated unsecured USD 300 million 7 Years Term Murabaha Facility

Abdul Aziz Al Ajlan Sons Co. for Commercial and Real Estate Investment – Ajlan & Bros has successfully completed its maiden syndicated unsecured USD 300 million 7 years term Murabaha facility with a group of regional and Saudi banks.

The new facility will enable Ajlan Group to further diversify the pool of banks and funding sources which will be used to finance the Group’s expansion initiatives.

Gulf International Bank – Saudi Arabia (GIB), First Abu Dhabi Bank (FAB) and Kuwait Finance House B.S.C. (C) Bahrain, acted as Mandated Lead Arrangers for the new facility. GIB also acted as the Sole Coordinator and Facility Agent.

Chairman of Ajlan & Bros, Ajlan Abdulaziz Al Ajlan, commented: “The Securing of the USD 300 million financing through a syndicated facility, which was subscribed by leading regional banks, is a testament to the appeal and confidence in Saudi market and in the Ajlan Group expansion plans in key strategic sectors aligned with Vision 2030”

GIB – Saudi Arabia CEO, Khaled Abbas commented on this occasion “We are honored to have successfully led this landmark transaction for Ajlan & Bros. The strong backing and participation of leading regional banks highlights the growing investor confidence and appetite for USD-denominated syndications for Saudi family -owned enterprises- particularly during this dynamic phase of economic transformation and growth in the Kingdom. We are grateful for the trust the Company has placed in GIB during this debut offering and remain dedicated to delivering tailored financing solutions to diversify and optimize their sources of funding in support of sustainable long-term growth.”

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Kuwait Finance House Launches 2025 Summer Internship Programme to Develop Future Bahraini Islamic Banking Talents

Kuwait Finance House Launches 2025 Summer Internship Programme to Develop Future Bahraini Islamic Banking Talents

Kuwait Finance House has announced the launch of its 2025 Summer Internship Program, welcoming 26 ambitious interns as part of the Bank’s strategic mission to support and empower young Bahraini talent.

Spanning six months, the comprehensive internship programme is designed to provide hands-on professional training across a wide range of departments within the Bank. The programme began with a detailed induction, granting interns valuable exposure to the best practices at KFH. Following the induction, interns were assigned to various departments across the organization, where they are now actively contributing under the guidance of mentors.

“We are proud to introduce our 2025 Summer Internship Programme, which welcomes 26 talented and motivated interns embarking on their journey of professional development and meaningful contribution,” said Dana Bukhammas, Group Head Human Resources Transformation & Development. “This initiative underscores our commitment to supporting young Bahraini talent, sharpening their professional skills, and preparing them for future success in the workforce. These internships represent an important first step into the Islamic banking sector, and we believe our interns have the potential to make a lasting impact in their fields. We look forward to witnessing their growth and the positive contributions they will bring to our organization.”

The programme places strong emphasis on developing foundational professional skills, including communication, teamwork, problem-solving, and critical thinking. Through real-world experience and continuous mentorship, KFH aims to transform these young talents into future leaders in the Islamic banking industry.

KFH remains committed to creating impactful opportunities for the Kingdom’s youth, integrating sustainable talent development into the core of its CSR agenda.

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Kuwait Finance House Reinforces Strategic Partnership with Royal Humanitarian Foundation Through Continued Support

Kuwait Finance House Reinforces Strategic Partnership with Royal Humanitarian Foundation Through Continued Support

In line with its strategic partnership and ongoing commitment to corporate social responsibility, Kuwait Finance House (KFH), has donated to the Royal Humanitarian Foundation (RHF). This contribution reflects KFH’s sustained dedication to humanitarian and charitable efforts in the Kingdom, with a particular focus on supporting orphans and enhancing their quality of life.

Kuwait Finance House is a longstanding partner and supporter of RHF, demonstrating a firm commitment to backing the Foundation’s vital work in serving and ensuring a dignified life for all segments of Bahraini society.

Dr. Shadi Zahran, Group CEO of Kuwait Finance House – Bahrain, commented: “We are honoured to maintain our longstanding partnership with the Royal Humanitarian Foundation, an organization that plays a central and transformative role in advancing humanitarian work across the Kingdom of Bahrain. Our continued support reflects Kuwait Finance House’s unwavering commitment to fostering social solidarity and uplifting orphans within our community. We highly commend the Foundation’s achievements and remain firmly dedicated to supporting its mission and contributing to the realization of its noble objectives.”

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With a Strategic Vision Based on Growth, Integration, and Leadership, Ahli United Bank Announces Its New Identity as Kuwait Finance House

With a Strategic Vision Based on Growth, Integration, and Leadership, Ahli United Bank Announces Its New Identity as Kuwait Finance House

Manama, Kingdom of Bahrain: Ahli United Bank B.S.C. (c), a leading Islamic bank in Bahrain, has announced the start of a new chapter in its banking history under the name “Kuwait Finance House B.S.C. (c).” This follows the successful completion of the acquisition process by the parent group, marking a significant milestone in the bank’s 25-year journey of growth and excellence.

Under the new identity, Ahli United Bank, owned by Kuwait Finance House, will undergo a significant transformation of its brand identity, aligning with the Group’s structure. This will be achieved by officially adopting its new name, “Kuwait Finance House B.S.C. (c),” across all its operational channels in the Kingdom of Bahrain, including branches, digital platforms, and smartphone applications.

The new identity was announced during an official ceremony attended by His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and His Excellency Sheikh Thamer Jaber Al-Ahmed Al-Sabah, Ambassador of the State of Kuwait to the Kingdom of Bahrain as well as several of Their Excellencies representing the government, the Central Bank of Bahrain, the bank’s strategic partners, major clients, and the bank’s Board of Directors and executive management team.

By launching its new identity under the Kuwait Finance House name, the bank aims to unify the group’s brand and elevate the integration of its Islamic banking operations and services. It will offer a comprehensive and interconnected banking experience that complies with the rules and principles of Shari’a and meets the needs of various customer segments, both through its branches across the Kingdom and its digital channels.

A Strategic Transformation… with an Ambitious Future Vision

On this occasion, Mr. Hamad Abdulmohsen Al Marzouq, Chairman of Kuwait Finance House, expressed his pride in launching the new identity in the Kingdom of Bahrain, stating, “I am delighted to be with you today in  Kingdom of Bahrain to witness a new chapter in the journey of Kuwait Finance House with the launch of the new brand identity of Ahli United Bank – Bahrain, which, as of today, becomes Kuwait Finance House – Bahrain. This strategic step reinforces the bank’s position as an influential banking group with consolidated assets of USD 126 billion, underscoring our leading role in the Islamic banking sector.”

Bahrain is a Leading Financial Hub in the Region

Mr. Al Marzouq extended his highest thanks and appreciation to His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, for their generous support and continued patronage of the Kingdom’s banking and economic sector, which strengthens Bahrain’s standing as a leading financial hub in the region.

Mr. Al Marzouq added: “Our presence in Bahrain today holds special significance, as the Kingdom has always been and remains a core center for our business and a pivotal launchpad within our regional expansion strategy. It was here that the first steps of the historic merger between Kuwait Finance House Group and Ahli United Bank – Bahrain, marking the largest merger in the Kuwaiti banking sector and one of the biggest consolidation deals in the region.”

A Firm Position Among the World’s Top 100 Banks

Mr. Al Marzouq continued, “The new identity, unveiled under the slogan ‘Beyond Horizons’, is far more than a just a rename. It reflects an ambitious vision to realise our greater aspiration of ranking among the world’s top 100 banks within the next five years, while enhancing our ability to offer innovative products and services that meet the expectations of our customers and partners and keep pace with global developments in Islamic banking.”

A New Phase of Integration and Excellence in Banking Services

Mr. Khaled Yousef Al Shamlan, Group Chief Executive Officer of Kuwait Finance House, voiced his pride in witnessing this historic occasion, saying: “I am honoured to be once again in the Kingdom of Bahrain to continue a series of successes in launching our new brand under the slogan ‘Beyond Horizons’, which began in Kuwait, then the United Kingdom, Egypt, and now the Kingdom of Bahrain, as part of our expansion and outreach strategy as a leading global Islamic banking group.”

Mr. Al Shamlan stressed that unveiling the new brand represents a transformation in concept and vision: “The new identity is a phase of integrated, high-quality banking services, underpinned by KFH’s commitment to sustainability, innovation and digital excellence.” 

USD 45 billion Market Capitalisation for the Group

Mr. Al Shamlan further said: “We are proud of the major achievements and successes attained on every front, including our global standing, financial strength and wide geographic footprint spanning 10 countries through a vast international network of more than 600 branches, in addition to our diversified financial services, sustainable profitability,digital excellence, strategic vision, talented workforce and all performance indicators that firmly establish Kuwait Finance House as the largest bank in Kuwait by market capitalisation, the largest privately-owned company listed on Boursa Kuwait and Bahrain Bourse with a value exceeding USD 45 billion, and the world’s second-largest Islamic bank.”

A New Identity… and a Unified Vision

For his part, Dr. Shadi Zahran, Group Chief Executive Officer of Kuwait Finance House – Bahrain, extended his highest thanks and gratitude to His Majesty King Hamad bin Isa Al Khalifa, the King of the Kingdom of Bahrain, and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, for their great attention and continuous support for the banking and economic sectors.

In his speech, Dr. Zahran said, “Today, we are at a pivotal moment in the Bank’s history, as we launch with a new identity under the umbrella of ‘Kuwait Finance House,’ within a unified strategic vision based on strengthening our position as a leading Islamic financial institution in the Kingdom of Bahrain and the region, and achieving integration with the Group at all levels.”

He further added, “The past years have constituted a series of institutional achievements whose impact has extended beyond the Group’s borders, contributing to supporting the national economy, expanding the financing base, and cementing the confidence of customers and investors. Today, we affirm our commitment to continuing this prosperous journey, enhancing innovation in banking, developing our digital ecosystem, and providing services that meet the aspirations of our valued customers, without any change to the distinguished banking experience we have always provided them.”

Moreover, Dr. Zahran confirmed that all customer accounts, services, and digital data will remain unchanged, explaining that branches will continue to operate regularly. He also affirmed continuous communication with customers regarding any future steps within the transformation plan and the new identity.

Empowering Local Talent is a Top Priority

Dr. Zahran also stressed the Bank’s commitment to supporting local Bahraini talent, saying, “Investing in the local talent has always been a cornerstone of our strategy. Bahrainisation is not just a goal for the Group, but a firm conviction that the people of Bahrain are the fundamental driving force behind our banking initiatives.”

“Bahrain’s Economic Vision 2030 is a constant source of inspiration for us, as we work to translate its goals by expanding the base of Islamic finance, promoting innovation, and contributing to consolidating the Kingdom of Bahrain’s position as an advanced financial and banking center in the region,” he explained.

Enhancing the Group’s Banking Presence Regionally and Internationally

The new transformation of Ahli United Bank Group’s identity comes within a unified plan for the Kuwait Finance House Group aimed at enhancing the Bank’s presence in regional and international markets and unifying the Group’s subsidiaries under a single corporate umbrella, thereby solidifying its position as a leading global brand in the Islamic banking sector.

In this regard, Dr. Zahran affirmed that the Group’s new identity is not just a change of name, but a launch towards beyond horizons in exclusive banking, establishing a promising future for customers, employees, and shareholders within an Islamic banking system based on trust, innovation, and sustainability.

It’s worth noting that Ahli United Bank B.S.C. (c) was established in 2000 and today has a banking history spanning 25 years, during which it has bolstered its position as one of the most prominent financial institutions in the Kingdom of Bahrain and the region. In October 2022, Kuwait Finance House K.S.C.P. acquired a majority stake in the Bank in a strategic deal representing one of the largest banking acquisitions in the region, beginning a new phase of financial integration under the umbrella of Islamic banking.

The Bank underwent a fundamental transformation in December 2023, when it obtained an Islamic banking license from the Central Bank of Bahrain and officially converted to operate fully in accordance with the rules and principles of Shari’a. Today, it offers an integrated package of banking services for individuals, companies, and institutions, with a firm commitment to the highest standards of quality and Shari’a compliance. The Bank has recently won several regional and international awards, including “Best Islamic Bank in Bahrain” and “Best Digital Bank for Large Corporates in Bahrain,” affirming its leadership and excellence in providing Shari’a compliant innovative financial solutions.

Kuwait Finance House K.S.C.P. was established in 1977 as the first Islamic bank in the State of Kuwait and is today considered one of the largest Islamic financial institutions in the world in terms of assets. KFH’s network extends to several key markets including Kuwait, Bahrain, Turkey, Germany, Malaysia, and others. KFH offers a comprehensive range of Shari’a compliant banking, investment, and financing services and is known for its leadership in financial innovation, its strategy of sustainable expansion and growth, and its firm commitment to ethical values and promoting financial inclusion in the communities it serves.

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