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List of Islamic Banks in Kuwait

Published by Gbaf News

Posted on April 5, 2013

1 min read

· Last updated: June 11, 2018

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1 Kuwait Finance House
2 Warba Bank
3 Boubyan Bank
4 Al Ahli United Bank
5 Al-Rajhi Bank
6 International Bank of Kuwait

Key Takeaways

  • Kuwait hosts five licensed Islamic banks regulated by the Central Bank.
  • Kuwait Finance House (KFH) is the pioneering and largest Islamic bank in the country.
  • Boubyan Bank is noted for its digital innovation and rapid growth.
  • Warba Bank and Kuwait International Bank also serve Sharia‑compliant customer segments.

References

Frequently Asked Questions

Which Islamic banks are active in Kuwait?
The active Islamic banks in Kuwait are Kuwait Finance House, Boubyan Bank, Warba Bank, Kuwait International Bank, and formerly Al‑Ahli United Bank which merged into KFH in 2024.
Has Al‑Ahli United Bank merged?
Yes. Al‑Ahli United Bank (AUB) merged into Kuwait Finance House in February 2024 and is no longer listed separately as an Islamic bank.
Which Islamic bank is known for digital innovation?
Boubyan Bank is recognized for its strong digital banking platforms and has received multiple awards for its Islamic digital services.

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