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# Kuwait Finance House Formally Launches KFH Egypt with Full Islamic Banking Operations
- URL: https://www.theglobalbanker.com/kuwait-finance-house-launches-kfh-egypt-full-islamic-banking-operations-2025/
- Published: 2025-01-29T10:10:00.000Z
- Updated: 2026-10-02T13:45:45.000Z
- Description: Kuwait Finance House formally launched KFH Egypt in late January 2025, completing the rebranding of Ahli United Bank Egypt and establishing the KFH brand in the Egyptian banking market.
- Author: TGB Editorial Team
- Tags: Banking News, MENA, #archive

Kuwait Finance House formally launched KFH Egypt in late January 2025, unveiling a fully operational Islamic banking franchise under the KFH brand and rebranding what was formerly Ahli United Bank Egypt, which had been offering all its products and services on a Sharia-compliant basis since September 2024\. KFH Egypt Chief Executive Hala Sadek confirmed the complete integration of the institution, describing the rebranding as more than a change of name and a full integration into KFH Group.

The launch puts the KFH brand on the group's Egyptian unit, which it has owned since acquiring the Ahli United Bank group in October 2022\. 

#### REBRANDING FROM AHLI UNITED BANK EGYPT

KFH Egypt was created through KFH's October 2022 acquisition of the Bahrain-based Ahli United Bank group, owner of Ahli United Bank Egypt, and the conversion of the Egyptian bank, which had operated as a conventional commercial bank serving retail and corporate clients across the country. 

#### CHAIRMAN'S STATEMENT

Chairman Hamad Al-Marzouq said the move would be a real addition to Islamic banking in Egypt and a strong contributor to the local economy.