Kuwait: As part of its ongoing commitment to promoting education-based initiatives that aim at elevating the level of knowledge across the nation, Kuwait International Bank (KIB) sponsored the 5th annual Kuwait International Law School (KILAW) conference, entitled “Contemporary Challenges to Legal Guarantees in a Changing World”, which took place on KILAW premises. The conference was held under the auspices of Dr. Fahad Al-Afasi, Minister of Justice and Minister of Awqaf and Islamic Affairs, and was attended by the Ministry of Justice Undersecretary Abdullatif Al-Saree, as well as a large group of regional and international researchers and legal experts.

The two-day conference featured a large number of topics, including: protection of rights and freedom, international peace and security, evolution of cyber threats and cybercrime, protection of cultural identity and privacy, challenges facing control of financial markets and financial institutions, as well as global changes affecting communities.

Speaking about this sponsorship, Manager of the Corporate Communications Unit at KIB, Nawaf Najia, said: “We believe that an educated population is essential to a nation’s continued prosperity. For this reason, we continuously provide our full support to education-based events and initiatives. On one hand, we add to our impressive record of social activities, and on the other, we provide students with the perfect knowledge transfer opportunity by connecting them with legal experts and professionals to enrich their knowledge of international law and key regional issues.”

Najia added that KIB’s sponsorship of this conference came as part of its commitment towards strengthening its strategic partnership with KILAW through its ongoing support and sponsorship of its activities and events. The Bank is a proud sponsor of an institution that provides outstanding education, which works actively to enrich students’ knowledge about local and international laws taught by highly-qualified academics in the field.

As part of its encompassing social responsibility program, KIB has always sought to participate in various activities and initiatives. Accordingly, the Bank is one of the leading national institutions that is actively involved in social issues and causes across a number of areas, establishing itself as a true partner in every aspect of life in the community.

About KIB

Kuwait International Bank (KIB) is a bank that operates according to the Islamic Shari’ah, based in the State of Kuwait. Incorporated in 1973, and originally known as Kuwait Real Estate Bank, KIB made the transition to its current Islamic operating model in 2007.

KIB is a full service Bank operating through a network of branches spread across the State of Kuwait, and offering a broad range of banking products, services and solutions in accordance with the principles of the Islamic Shari’ah. The Bank’s mission and vision also encompasses a leading social responsibility program that aims at supporting every member of Kuwait’s society by spearheading a multitude of initiatives and activities.

In 2015, KIB embarked on a comprehensive strategic plan, aimed at improving the Bank’s performance indicators, as well as enhancing the quality of its products and services. The strategy focuses on propelling the Bank to the forefront of the Kuwaiti banking sector and setting it on a solid path to becoming the “Islamic Bank of Choice” in the market.

Today, KIB is in the midst of its new strategic transformation: a comprehensive and long-term program which is aimed at transforming the way KIB engages with customers across every touch point and communication channel. This new strategy focuses on offering a next-level customer experience that delivers much more than just “banking” in the traditional sense - but rather establishes KIB as a partner in every aspect of its customers’ lives; a true “bank for life”.

© Press Release 2018