In an exclusive ceremony, Kuwait Finance House (KFH) unveiled its pioneering Shari’a-compliant digital bank in Kuwait, Tam Digital Bank. The event was graced by the presence of KFH Chairman, Hamad Abdulmohsen Al Marzouq, esteemed members of the Board of Directors, and the Executive Management team, led by KFH Acting Group Chief Executive Officer, Abdulwahab Iesa Al Rushood, and Chief Executive Officer KFH Kuwait, Khaled Yousef AlShamlan.
Acting Group Chief Executive Officer, Abdulwahab Iesa Al Rushood, highlighted the significance of this milestone, expressing, “We are gathered today to witness a historic moment for KFH by launching Tam, the first Shari’a-compliant digital bank in Kuwait. With its contemporary design, intuitive interface, and advanced technological infrastructure, Tam is poised to surpass customer expectations and deliver an unparalleled banking experience. At KFH, we prioritize convenience, speed, security, and innovation, aligning with our motto ‘Easy Banking Experience’.”
Emphasizing the factors that contributed to the establishment of Tam Digital Bank, Al Rushood underscored KFH’s robust digital transformation strategy and its cutting-edge infrastructure. He underscored the growing significance of digitization within Kuwaiti society, particularly among the youth. Al Rushood further emphasized KFH’s legacy of financial prowess, technological innovation, global credibility, and commitment to customer satisfaction.
Al Rushood elaborated on the ease of opening a Tam account, outlining the simple requirements and streamlined process, emphasizing the accessibility of a comprehensive range of banking services, rewards, and exclusive offers.
Chief Executive Officer KFH Kuwait, Khaled Yousef AlShamlan, echoed the sentiment, expressing his satisfaction with the launch of Tam Digital Bank. He noted that Tam represents a significant leap in digital transformation initiatives, catering to the evolving preferences and lifestyle of the youth. AlShamlan highlighted the user-friendly interface, social media integration, and an array of digital banking services designed to enhance the overall banking experience.
AlShamlan emphasized KFH’s commitment to supporting the youth through digital banking services, exclusive offers, community engagement, and comprehensive customer service. He commended the collective effort that led to the development of Tam Digital Bank and underscored the bank’s commitment to ensuring a positive customer experience through this groundbreaking platform.
