I was passing by Hawally and saw that the new Islamic bank in Kuwait, Warba, started operating. I recall a few years ago there was only KFH but now they’re five; KFH, Boubyan, KIB, BKME, and now Warba. I think confirming to Islamic sharia has its financial benefits plus many are comfortable dealing with Islamic banks where the term interest is not used.
IT has benefits only if banks were truly conforming to islamic laws.. anyways no comment
True
There is also Al Rajhi Bank which is Islamic and was operating since 2010
Yes you are I missed it in the list,thanks dear.