Kuwait International Bank
From Wikipedia, the free encyclopedia
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Native name | Kuwait International Bank K.S.C.P. |
|---|---|
| KSE: KIB | |
| ISIN | KW0EQ0100069 |
| Industry | Financial services |
| Founded | 1973 |
| Headquarters | West Tower, Joint Banking Center, Safat, , |
| Website | www |
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]
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]
