Boubyan Bank

Last updated
Boubyan Bank
Native name
بنك بوبيان
Company type Public
KSE:BOUBYAN
ISIN KW0EQ0102065
Industry Financial services
Founded2004
Headquarters Kuwait City, Kuwait
Key people
Abdulaziz Abdullah Al-Shaya (Chairman)

Adel Abdul Wahab Al-Majed (Vice-Chairman & Group CEO)
Abdullah Abdulkareem Al-Tuwaijri (CEO - Consumer, Private, and Digital Banking)

Abdul-Salam Mohammed Al-Saleh (

Contents

CEO - Corporate Banking, Financial Control, Treasury and Legal Affairs)
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, Murabaha, private banking, savings
RevenueIncrease2.svg KWD 218.03 million (2023) [1]
Increase2.svg KWD 107.45 million (2023)
Increase2.svg KWD 80.44 million (2023)
Total assets Increase2.svg KWD 8.40 billion (2023)
Number of employees
2,333 [2]
Website boubyan.bankboubyan.com

Boubyan Bank is an Islamic Bank in Kuwait established in 2004. [3] Boubyan Bank has a paid up capital exceeding 196.5 million Kuwaitis dinars (equivalent to approximately 700 million US dollars). Boubyan Bank is one of the emerging banks in Kuwait and GCC, with the National Bank of Kuwait as the major shareholder, which is ranked among the largest 300 banks worldwide. [4] Boubyan Bank provides a variety of banking services to individuals, private business and corporate customers. The main activities of Boubyan Bank include accepting deposits, establishing investment funds, and trading in real estate. The bank deals with all types of Islamic transactions, including:

Boubyan Bank Subsidiaries

Subsidiaries and Associates: Boubyan Group includes the following subsidies and associates by end of 2013:

[5]

Board of directors

Board of Directors [6]
NameRoleYear of Joining
Abdulaziz Abdullah Dakheel Al-ShayaChairman2009
Adel Abdul Wahab Al-MajedVice-Chairman & Group Chief Executive Officer2010
Hazim Ali Al-MutairiDirector (Non-Executive)2010
Mohamed Yousef Al-SaqerDirector (Non-Executive)2019
Waleed Mishari Al-HamadDirector (Non-Executive)2010
Fahad Ahmad Al-FouzanDirector (Non-Executive)2023
Waleed Khalid Al-YaqoutDirector (Non-Executive)2025
Khalid Ahmad Al-MudhafDirector (Independent)2022
Abdullah Saud Al-BaderDirector (Independent)2022
Dr. Amani Khaled BouresliDirector (Independent)2025
Rabah Abdulrahman AlRabahDirector (Independent)2025
Ahmed Mohammad Al-Fahad [7] General Manager and Secretary2004

Executive Management

Executive Management [8]
NameRoleYear of Joining
Adel Abdul Wahab Al-MajedVice-Chairman & Group Chief Executive Officer2009
Abdullah Abdulkareem Al-TuwaijriChief Executive Officer2011
Abdul-Salam Mohammed Al-SalehChief Executive Officer – Corporate Banking, Financial Control, Treasury and Legal Affairs2012
Adel Abdullah Al-HammadGroup General Manager – Human Resources2006
Abdullah Ahmed Al-MehriChief Operating Officer2019
Mohamed Ibrahim IsmailGroup General Manager – Financial Control2005
Adel Rashed Al-MutairiTreasurer – Treasury Group2015
Abdullah Abdulmohsen Al-MejhemDeputy Chief Executive Officer2021
Ali Yousef AlansariGroup General Manager – Corporate Banking2012
Dr. Bader Saad AlhashelChief Risk Officer2019
Dalal Dawood Sulaiman Al-GhunaimChief Strategy Officer2019
Abdullah Khalifa Al-NusefChief Data Officer2016
Abdullah Fahad Al KhuzamChief Information Officer2023
Osama Mohammed ShehabChief Digital Officer2011
Mona Abdullatif Al DuaijGroup Chief Compliance and Governance Officer2005
Bushra Abdulwahab Al-Wazzan [9] Chief Internal Audit2023
Abdulaziz Fahad Al DuwailahHead of Banking Operations2010

Shariah Committee

Shariah Committee: Boubyan Bank has a Shariah Committee which monitors and approves its activities and transactions, and comprises:

Shariah Committee [10]
NameRole
Sheikh Dr. Abdulaziz Khalifa Al-QasarChairman
Sheikh Dr. Esame Khalaf Al-EneziMember
Sheikh Dr. Mohammed Awad Al-FuzaieMember
Sheikh Dr. Ali Ibrahim Al-RashidMember

References

  1. "Boubyan Bank Annual Report 2023" (PDF). Boubyan Bank. Retrieved 5 June 2024.
  2. "BOUBYAN | Boubyan Bank K.S.C. Profile | MarketWatch". MarketWatch. Retrieved 2024-06-05.
  3. "About Us | Boubyan Bank".
  4. "Largest banks and bank holding companies by market cap". companiesmarketcap.com. 21 May 2024.
  5. "Boubyan Group | Boubyan Bank".
  6. "Board of Directors | Boubyan Bank".
  7. kuwaitTimes (2025-03-16). "Boubyan Bank approves new board members at general assembly". Kuwait Times. Retrieved 2025-12-22.
  8. "Executive Management | Boubyan Bank".
  9. "Empowering Women : The Inspiring Journey of Boubyan's Female leaders – Woman Banker". 2025-06-05. Retrieved 2025-12-22.
  10. "Shariah Committee | Boubyan Bank".