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Conversion to a Bank compliant with Islamic Sharia

Watch now Learn more about our conversion journey by watching this video 24/5/2026 Learn More Gulf Bank Signs Partnership Agreement with the Institute of Banking Studies 5/10/2025 Learn More Gulf Bank Launches Second Phase of Comprehensive Islamic Banking Training Program to Support Strategi...

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  • Conversion to a Bank compliant with Islamic Sharia

On 9 November 2015, Fitch Ratings upgraded Gulf Bank's Viability Rating after it was able to reinforce its company profile, as follows:

Ratings ElementsRatings DriversFitch has upgraded GB's Viability Rating (VR) to 'bb' from 'bb-' due to its stronger company profile post restructuring. The bank has completed a wide ranging restructur...

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Gulf Bank Reports Net Profit KD 9.8 Million in First Quarter 2011

Mr. Ali Al-Rashaid Al-Bader, Gulf Bank's ChairmanKuwait " 20 April 2011: Gulf Bank today announced a net profit of KD 9.8 million for the first quarter of 2011, against KD 0.5 million for the first qu...

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Gulf Bank Wins 'The Internet and Mobile Security Technology Implementation of the Year – Middle East' from The Asian Banker

Kuwait – 24 November 2016: Gulf Bank is pleased to announce that it has been recognized for the ‘Internet and Mobile Security Technology Implementation of the Year in the Middle East’ by The Asian Ban...

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Gulf Bank Launches New AJYAL Tech Program for Technology Enthusiasts

Applications are open to the public and employees with a passion for technology   Kuwait, 07 November 2021: Gulf Bank is launching its new AJYAL Tech program, a comprehensive coding and digital tech...

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Deadline for Gulf Bank's Half Million Dinar Al Danah Draw Getting Closer

Kuwait " 19 June, 2011: The deadline for Gulf Bank's KD500,000 Al Danah prize draw is rapidly approaching and the Bank is keen to ensure that as many people as possible are eligible to win before the ...

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28% is the percentage of female leaders at the Bank, which is an increase of 300% in the last 10 years

The Lead The Way Conference Commenced Yesterday Evening With Wide Attendance and Participation Ahmad Al Bahar: The need to work on providing all means of support to genuinely, and sustainably, empo...

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Gulf Bank Offers Visa Credit Card Holders 10% Discount at Kuwait Airport's Duty Free

Kuwait " 8 February, 2011: Gulf Bank today announced that it is offering its Visa credit card holders 10% discount on purchases made in Kuwait International Airport's Duty Free Shop. The promotion is ...

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Gulf Bank Named ‘Best Retail Bank in Kuwait’ by The Banker Middle East

Kuwait – 18 May 2016: Gulf Bank today announced that it has won the ‘Best Retail Bank in Kuwait’ award from The Banker Middle East, the region’s leading banking industry magazine, in recognition of it...

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Gulf Bank Wins Mastercard Award for "Highest Tokenized Debit Portfolio in Kuwait" During Mastercard East Arabia Business Forum

Mohammed Taqi: The award reflects our ongoing commitment to innovation and delivering secure, advanced banking solutions to our customers. Gulf Bank has received the prestigious "Highest tokenized d...

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