Latest news with #IslamicShari'ah
Zawya
13-04-2025
- Business
- Zawya
KIB promotes financial literacy at "FunFest" and showcases its products and services to visitors
Kuwait: Kuwait International Bank (KIB) recently set up a special booth at Souq Sharq's waterfront during the FunFest event, with the aim of promoting banking awareness and financial literacy among festivalgoers. The initiative is part of KIB's ongoing support for the 'Let's Be Aware' campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in collaboration with local banks. It also underscores the Bank's commitment to guiding customers in making informed financial decisions and protecting the security of their banking data. Commenting on the initiative, Sultan Alhajri, Area Manager of Retail Banking at KIB, said: 'Our participation in the FunFest event reflects our deep commitment to social responsibility and to building strong relationships with our customers and the community. KIB aims to always be a trusted partner in helping community members achieve their financial goals and enjoy a secure, stable financial life.' Alhajri added: 'By participating in events like FunFest, we aim to provide valuable insights into essential financial concepts and raise public awareness about best banking practices. This includes guiding attendees on managing their finances, protecting their banking information, safely using bank cards, and securing their accounts. We also highlight the steps needed to avoid fraud and phishing scams, while encouraging a culture of saving and investing. Our representatives also used the opportunity to shed light on the role of financial institutions—particularly in Islamic financing—and to introduce visitors to our wide range of innovative products and services designed to enhance their experience and meet their diverse needs.' It is worth noting that KIB continues to strengthen its role as a trusted financial partner, committed to raising public awareness on key banking topics in line with its comprehensive social responsibility strategy. The Bank constantly seeks to launch initiatives that promote financial literacy and support the objectives of the 'Let's Be Aware' campaign, embodying its corporate slogan 'Bank for Life'. About KIB Kuwait International Bank (KIB) is a bank that operates according to the Islamic Shari'ah, based in the State of Kuwait. Incorporated in 1973, and originally known as Kuwait Real Estate Bank, KIB made the transition to its current Islamic operating model in 2007. In 2018, KIB embarked on a new phase of its journey full of innovation and development. As part of its new strategic direction, the Bank focuses on offering a next-level customer experience under the slogan: 'Bank for Life'. Through a network of branches spread across the State of Kuwait, KIB offers a broad range of banking products and services, as well as innovative digital banking solutions in line with international best standards. As part of its duty towards the community, the Bank also encompasses a leading social responsibility program that aims at positively impacting all members of the community through a wide range of impactful initiatives and activities. Today, KIB has taken concrete steps in implementing its new strategic objectives. The Bank has cemented its role as a key player in the local banking industry and has continued to maintain its strong financial performance; enabling it to be globally recognized for its strong credit rating and financial position.
Express Tribune
12-02-2025
- Politics
- Express Tribune
'Dhee Rani' initiative unites 36 couples
RAWALPINDI: Under the Punjab government's "Dhee Rani" programme, a large collective marriage ceremony was held in Rawalpindi for 36 deserving Muslim and non-Muslim couples from impoverished backgrounds. The event took place at the city's largest marquee. The brides were provided with free jewellery, basic essential dowries, and blessings. Artists performed traditional Punjabi dances and wedding songs. The dowries were set according to the Islamic Shari'ah, with the importance of the Mahr (dower) clearly emphasised. All grooms were sternly advised that these are Punjab's daughters, and they must ensure their happiness and respect. Even if their salaries are modest, they must provide their wives with dignity and respect. These poor daughters will turn their homes into heaven, but if any groom behaves unjustly, the Punjab government will take action, it was further warned. Each couple was allowed to have 10 family members attend the ceremony. The families of both the grooms and brides were transported by government vehicles with full protocol to the venue. The government also provided free wedding outfits for the couples. Speaking on the occasion as a special guest, Punjab Minister for Transport Bilal Akbar urged the grooms to keep their wives happy. "CM Maryam Nawaz is working for the welfare of the people, mentioning programmes such as the Ehsaas Card and Health Card as monumental achievements." He emphasised that the primary focus of both the Pakistan and Punjab governments is the welfare and development of the people. Akbar noted that after witnessing Maryam Nawaz's work, even ministers feel embarrassed about their own contributions. Provincial Minister for Social Welfare, Sohail Shaukat called the collective wedding initiative a historic step, hailing the "Dhee Rani" programme as a significant and enduring initiative that has brought much-needed assistance to the poor and deserving families.
Zawya
11-02-2025
- Business
- Zawya
KIB announces winners of campaign for Youth Account customers
Kuwait: Kuwait International Bank (KIB) has announced the winners of the campaign for its Youth Account segment customers. Four lucky customers, Bodour Saad Aifan AlEnezi, Ali Khaled Ali AlMutairi, Bandar Mubarak Dinar Jaroub and Fahad AlHumaidi Maajoun AlHussaini, won the draw for iPhone 16 devices after having transferred their student allowance to the Bank. Congratulating the winners of the campaign, Khaled Al-Hulaibi, Segments Manager at KIB, said: "the Youth Account customers campaign reflects our commitment to providing added value for our customers, particularly the youth segment, which we view as a cornerstone of our society. Through these special campaigns, we aim to strengthen our relationship with Youth Account holders, encouraging them to save and achieve early financial independence by leveraging their account benefits. We are dedicated to collaborating with distinguished partners and delivering innovative campaigns and exclusive rewards that align with young people's interests and aspirations as they pursue their future goals." Al-Hulaibi highlighted that the KIB Youth Account is specifically designed to meet the daily needs of young people aged 15 to 25, encouraging them to save, and offering both existing and new customers a variety of benefits. The account requires no minimum initial deposit or balance to maintain. Additionally, it includes a modern-designed prepaid card with benefits such as 1% cashback, usable at over one million ATMs worldwide. The card is also accepted by KNET and at more than 30 million point-of-sale (POS) locations globally, making KIB an ideal choice for young people. Furthermore, new customers opening a Youth Account can receive 5,600 reward points, redeemable through Talabat, Deliveroo, and iTunes gift cards. Additionally, Youth Account holders can open a Dirwaza Account, giving them access to cash prize draws held throughout the year, along with exclusive discounts at stores participating in the KIB Discount Program when using their Youth debit card. For a list of participating stores and restaurants, please visit It is worth noting that KIB, in line with its main slogan 'Bank for Life', continually strives to develop banking services and products that meet the needs of its diverse customer base in line with the demands of their modern lifestyles. The Bank is committed to delivering unique and innovative banking experiences that enhance its customers' daily lives, especially young people, helping them achieve their financial goals. About KIB Kuwait International Bank (KIB) is a bank that operates according to the Islamic Shari'ah, based in the State of Kuwait. Incorporated in 1973, and originally known as Kuwait Real Estate Bank, KIB made the transition to its current Islamic operating model in 2007. In 2018, KIB embarked on a new phase of its journey full of innovation and development. As part of its new strategic direction, the Bank focuses on offering a next-level customer experience under the slogan: 'Bank for Life'. Through a network of branches spread across the State of Kuwait, KIB offers a broad range of banking products and services, as well as innovative digital banking solutions in line with international best standards. As part of its duty towards the community, the Bank also encompasses a leading social responsibility program that aims at positively impacting all members of the community through a wide range of impactful initiatives and activities. Today, KIB has taken concrete steps in implementing its new strategic objectives. The Bank has cemented its role as a key player in the local banking industry and has continued to maintain its strong financial performance; enabling it to be globally recognized for its strong credit rating and financial position.
