Money & Business

Setting the standard in Digital Banking – Abdulhakeem Alkhayyat, KFH Bahrain

Gulf Insider speaks to Abdulhakeem Alkhayyat, awarded CEO of the Year 2020 by the Global Banking and Finance Review.

Abdulhakeem Alkhayyat,Managing Director and Chief Executive Officer at Kuwait Finance House – Bahrain, was named CEO of the Year 2020, a prestigious award by the Global Banking & Finance Review to outstanding chief executives in the banking sector in recognition of his contributions to the advancement of Islamic banking services and promotion of Fintech and innovation in the banking sector.

In addition, KFH-Bahrain also received four more prestigious awards, namely the Best Digital Bank in Bahrain 2020, Best Digital Islamic Bank in Bahrain 2020, the Most Innovative Retail Banking App Bahrain 2020, and the Most Innovative Retail Banking App Middle East 2020 for its leading digital banking platform, KFH Jazeel Banking.

Commenting on this occasion, Mr.Alkhayyat said: “We are proud to have the Bank win these awards, which are recognized globally and regionally.This achievement comes with our ability to maintain our leadership in the banking sector and our continuous efforts to provide outstanding offerings and innovative Fintech Islamic banking services, making KFH-Bahrain a leader in the Islamic banking industry. These awards reflect the global appreciation of the efforts and dedication of our employees who support our vision to be the leader in innovative banking products and services”.

Alkhayyat added: “We continue to raise the standards in the Islamic banking sector with respect to Fintech and Innovation, through our state-ofthe-art KFH Jazeel Banking service,the Bank’s digital banking arm. By constantly improving and adding to the services and offerings on this platform, KFH Jazeel Banking is a holistic banking experience for our clients which underscores our diligent and total dedication to cater to their needs while keeping in mind the ease of use and secure functionality of the service”.

Alkhayyat also emphasized that the Bank endeavors to steadily continue its path to growth, success and the advancement of fintech & innovation in developing unique banking technologies, by providing the best Shari’ah compliant products and services which are optimal for clients and allow flexibility and resilience in adapting to market changes and bolstering competitiveness”.

These awards once again recognize the Bank’s outstanding performance and leadership in developing unique products and services by continuing to invest in technology and increasing awareness of Islamic banking services to the benefit of local & regional communities. The awards also affirm the leading role KFH–Bahrain plays in all arenas, and represent a certificate of accreditation reflecting the trust of the Bank’s clients, which has always been its main focus as they are viewed as partners in the success of all business activities.

Global Banking and Finance Review,founded in 2011, recognizes innovation,achievement and effective strategic approaches in the global financial services sector.


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