Kuwait Finance House (UK) savings rates — compare every account, plus switch offers and guides

Who they are

Kuwait Finance House PLC was established in 1966 to facilitate the expansion of business between institutions in Kuwait and global financial markets. The bank operated for decades under the name Ahli United Bank (UK) PLC before being rebranded as Kuwait Finance House in January 2025, following the acquisition of Ahli United Bank B.S.C. by Kuwait Finance House.

The parent group, KFH, is considered a pioneer in Islamic Finance or Sharia-compliant banking, and was the first Islamic bank established in 1977 in the State of Kuwait - today it is one of the foremost Islamic financial institutions in the world. The UK arm reflects that heritage. Its range of British banking services includes Private Banking, Wealth Management, Residential Property Finance, Commercial Property Finance and Premium Banking services. The bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Savings accounts

Our data does not currently show any retail savings products listed for Kuwait Finance House (UK). This is consistent with its positioning - the bank primarily serves clients who reside in the Gulf Cooperation Council regions and most Middle East and North Africa countries, or clients who reside outside these regions with an association with those regions, such as a business or source of wealth. It is therefore not a typical high-street savings provider for most UK savers.

FSCS protection

Eligible deposits with Kuwait Finance House PLC are protected up to a total of £120,000, or up to £240,000 for joint accounts, by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. That is the standard FSCS limit, raised from £85,000 in December 2025. If you hold savings with any other institution that shares Kuwait Finance House PLC's banking licence, the limit applies across all of them combined - it is worth checking the FCA register to confirm this.

Is it right for you?

For most everyday UK savers hunting for a competitive easy access account or cash ISA, Kuwait Finance House (UK) is unlikely to be on your shortlist. Its focus is firmly on premium, private and corporate clients with Gulf connections. That said, if you are looking for a Sharia-compliant deposit product in the UK, it is a name worth being aware of given the group's long heritage in Islamic finance.

As always, the live rates and products shown on this page are the most up-to-date figures available - check them before making any decision.