"Global Finance" Names KFH "The Safest Islamic Financial Institution In Kuwait 2015", The Third in the GCC
"Global Finance" has named Kuwait finance House ( KFH ) the safest Islamic Financial institution in Kuwait, and the third in the GCC for the year 2015. The bank is ranked as one of the top two among all Kuwaiti banks, be it Islamic or conventional. Also, Global Finance announced the 50 safest banks in emerging markets 2015 where KFH was ranked in 28th place. Banks were selected through an evaluation of long-term foreign currency ratings, credit ratings, businesses, financial indicators and total assets. Global Finance study encompassed more than 500 largest banks in Asia, the GCC and MENA. KFH Chief Executive Officer Mazin Al-Nahedh said the ranking confirms KFH 's robust financial position, sound pursued procedures in addition to the professional and legislative commitment.
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