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Kuwait International Bank

From Wikipedia, the free encyclopedia
Kuwait International Bank
Native name
Kuwait International Bank K.S.C.P.
KSE: KIB
ISINKW0EQ0100069
IndustryFinancial services
Founded1973
HeadquartersWest Tower, Joint Banking Center, Safat, ,
Websitewww.kib.com.kw

Kuwait International Bank (KIB) is an Islamic bank located in Kuwait City, founded in 1973. It offers various Islamic banking and finance services for individuals and corporate customers. [1]

It is a specialised bank regulated by the Central Bank of Kuwait and listed on the Kuwait Stock Exchange.[2]

History

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KIB was incorporated in 1973 under the name Kuwait Real Estate Bank, with an initial focus on real‑estate‑related financing activities.[3] The bank was listed on the Kuwait Stock Exchange in 1984.[4] In 2007, the bank completed a strategic transition to operate in full compliance with Islamic Sharia principles, adopting its current name, Kuwait International Bank. Following this transition, KIB expanded its scope to offer a broader range of Sharia‑compliant banking and financial services while remaining regulated by the Central Bank of Kuwait.[5]

See also

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References

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  1. "Company Overview of Kuwait International Bank K.S.C.P." Retrieved 20 March 2017.
  2. "Kuwait International Bank (KIB): Full Service Islamic Bank". 18 January 2016. Retrieved 20 March 2017.
  3. "Kuwait International Bank (KIB)". FF News | Fintech Finance. Retrieved 2026-02-19.
  4. "Kuwait International Bank". AGBI. 2026-02-19. Retrieved 2026-02-19.
  5. "KIB FINANCIAL STATEMENTS 31 DECEMBER 2025" (PDF). boursakuwait.com.kw. 31 December 2025. Retrieved 19 February 2026.
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