In a special ceremony, Kuwait Finance House (KFH) has announced the launch of its first Shari’a-compliant digital bank in Kuwait, called Tam Digital Bank.
The ceremony was attended by KFH Chairman, Hamad Abdulmohsen Al Marzouq, members of the Board of Directors, the Executive Management represented by KFH Acting Group Chief Executive Officer, Abdulwahab Iesa Al Rushood, Chief Executive Officer KFH Kuwait, Khaled Yousef AlShamlan, and the bank’s executive management team.
Acting Group Chief Executive Officer, Abdulwahab Iesa Al Rushood said:
“We are gathered today to witness a historic moment for KFH by launching Tam, the first shari’a-compliant digital bank in Kuwait. We have selected the name with meticulous consideration to represent this significant leadership milestone in KFH’s digital banking transformation journey. With its modern youthful design, user-friendly and efficient usage, along with innovative banking services backed with advanced technology, we are confident that Tam will fulfill customers’ desires and exceed their expectations. At KFH, we take account of factors such as convenience, speed, quality, safety, and innovation in line with our motto “Easy Banking Experience”.