KIB
Banking in Kuwait
Overview
[KIB], a bank that operates according to the Islamic Shari’ah from 1st of July 2007, is a public quoted company. It was incorporated in 1973 and was originally known as the Kuwait Real Estate Bank.
As an Islamic bank, KIB’s business covers all banking services including Acceptance of Deposits, Financing Transactions, Direct Investment, Murabaha (auto, real estate and commodities), Ijara Muntahia Bittamleek (Lease-to-own) , Istisna’a, Tawarruq, Credit Cards, Wakala and other products. Corporate projects and finance, Treasury Services, Issuing Letters of Credit (L/Cs), Letter of Guarantee (L/Gs) and Real Estate Dealings and Management of Properties.
Currently, KIB has a network of 26 branches spread across the State of Kuwait.
Core Values:
-Commitment to maintaining the highest level of ethical standards in all transactions.
-Professional integrity while interacting with customers.
-Compliance with the provisions of the Islamic Shariah.
-Adherence to regulatory compliance.
Business Philosophy:
-Operational Excellence.
-Customer Focus.
-Innovative Products.
-Outstanding Service.
Tagline
Bank For Life
EMPLOYEES
501-1,000 employees
FOUNDED
1973
HQ
Kuwait City, Kuwait City
TYPE
Public Company
Location
- Street
- Mubarak Al-Kabeer Street
- City
- Kuwait City
- Region
- Kuwait City
- Postal code
- 13089
- Country
- Kuwait
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FAQ
What is the company name?
kib.com.kw is the website of KIB.
What is the industry of the company?
KIB (kib.com.kw) is in the Banking industry.
What products and services does the company offer?
KIB (kib.com.kw) lists these specialties: Banking, Financial Services, Retail Banking, Corporate Banking, and Property Management.
When was the company founded?
KIB (kib.com.kw) was founded in 1973.
How many employees does the company have?
KIB (kib.com.kw) has 501-1,000 employees.
What is the company type?
The company type of KIB (kib.com.kw) is Public Company.
Where is the company headquartered?
KIB (kib.com.kw) is headquartered in Kuwait City, Kuwait City.
What is the address of the company?
The address of KIB (kib.com.kw) is Mubarak Al-Kabeer Street, Kuwait City, Kuwait City, 13089, Kuwait.
What are the social media accounts of the company?
The social media account of KIB (kib.com.kw) is LinkedIn.
Social media