BKME Bank in Kuwait has recently got approval from CBK to convert to Islamic Banking earlier this year. Since then, they have been working on their systems and branch layouts to cope with the new conversion. Even their name has become AL- AHLI United Bank and they will start implementing their Islamic concept starting Q2.

I don’t know if these guys will really be able to compete with KFH or the mighty new Islamic Bank which will open soon also in Q2.


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