![\"KIB-Logo\"](\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2016\/01\/KIB-Logo.jpg\"){kind=logo}
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In business since 1973, Kuwait International Bank (KIB, originally known as Kuwait Real Estate Bank) is a publically-traded Kuwaiti bank that in 2007 adapted all its operations and processes to fully comply with Islamic financial law. Adhering to Sharia has enabled KIB to offer a full range of traditional and innovative products and services to its clients. A committee of learned Islamic scholars monitors both KIB\u2019s internal and external operations in order to ensure strict compliance with Sharia Law.<\/strong><\/p>\n As a premier Islamic bank which has won many accolades, KIB\u2019s business covers all banking services including acceptance of deposits, financing, investments, Murabaha (auto, real estate and commodities), Ijara Muntahia Bittamleek (lease-to-own), Istisna\u2019a, Tawarruq, credit cards, Wakala, and other products in addition to corporate and project finance, treasury services, issuing letters of credit and letters of guarantee. KIB also encompasses a dynamic real estate division which facilitates transactions and helps manage property portfolios.<\/p>\n KIB also maintains a modern nationwide network of 28 branches. The bank has a well-established reputation for adhering to the highest ethical standards and regulatory requirements. KIB is a client-centric bank primarily guided by the needs, wishes, and aspirations of its customers. KIB\u2019s fully Sharia-compliant operations have allowed it to broach new markets and expand the range of its services and products.<\/p>\n The CFI.co judges commented on KIB\u2019s exceptionally solid reputation both as a leading financial institution and as a partner to private and corporate clients. The judging panel is pleased to extend the 2015 Best Sharia-Compliant Bank Middle East Award to Kuwait International Bank.<\/p>\n","protected":false},"excerpt":{"rendered":" In business since 1973, Kuwait International Bank (KIB, originally known as Kuwait Real Estate Bank) is a publically-traded Kuwaiti bank that in 2007 adapted all its operations and processes to<\/p>\n","protected":false},"author":1,"featured_media":2774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,12,11,53,19,6],"tags":[61],"class_list":["post-2772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-best-practice","category-finance","category-front","category-islamic-banking","category-middle-east","tag-kuwait"],"yoast_head":"\n