Islamic Financial Services

Kuwait Islamic Financial Services

Driven by rising demand for new sources of financing in the face of weak oil prices, Kuwait’s Islamic financial services (IFS) sector is increasingly considered to be a core component of the nation’s development. The industry’s steadily improving profile is largely a result of the government’s efforts to shore up the sector’s reputation over the past decade, most recently by rolling out new sukuk (Islamic bond) regulations in November 2015. As a consequence, local Islamic banks, investment companies and sharia-compliant insurers have gained market share at a rapid pace, in the process turning Kuwait into one of the world’s leading IFS markets.

This chapter contains an interview with Mazin Al Nahedh, CEO, Kuwait Finance House.

Cover of The Report: Kuwait 2016

The Report

This chapter is from the Kuwait 2016 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Mazin Al Nahedh, CEO, Kuwait Finance House
Mazin Al Nahedh, CEO, Kuwait Finance House