# Warba Bank (Kuwait)

> Source: https://docs.barcoder.ai/docs/wallets/warba-bank
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Warba Bank — official](https://www.warbabank.com/)

## Overview

**Warba Bank (Kuwait)** is **Kuwaiti Islamic commercial bank** + **KSE: WARB** + **Kuwait Investment Authority KIA ~24% controlling** + **first Kuwaiti digital-only Islamic banking pioneer** + **Sharia-compliant banking** <sup>[1][1], [Kuwait report](https://docs.barcoder.ai/docs/payments/KW)</sup>.

## History

**Feb 17 2010 — Warba Bank K.S.C.P. founded by Kuwait Investment Authority KIA + Kuwait Investment Company** distinctive Kuwaiti Islamic banking heritage.

**Apr 2014 — Warba Bank KSE IPO under ticker WARB**.

**2014 — Warba Bank Mobile Banking app launch + first Kuwaiti digital-only Islamic banking pioneer**.

## Ownership & operator

**Operating entity**: **Warba Bank K.S.C.P.** (KSE: WARB; Kuwaiti Islamic commercial bank).

**Major shareholders**: **Kuwait Investment Authority KIA ~24% controlling + Kuwait Investment Company + Kuwait Petroleum Corporation KPC + Public Institution for Social Security PIFSS + Kuwaiti retail + institutional + foreign investors**.

**Regulators**: **CBK (Central Bank of Kuwait) + Kuwait Sharia Board**.

## Technical integration

Warba Bank Mobile Banking app (iOS + Android) + warbabank.com online + Warba Bank branch network across Kuwait + Warba Bank Visa + Mastercard cards; KNET + Kuwait Instant Payment.

## Implementations & partners

**Major Kuwaiti banking + payments competitors**: [NBK (National Bank of Kuwait)](https://docs.barcoder.ai/docs/wallets/nbk) (National Bank of Kuwait NBK; KSE: NBK; Kuwait's largest commercial bank by assets) + [Boubyan Bank](https://docs.barcoder.ai/docs/wallets/boubyan) (Boubyan Bank; Kuwait's largest Islamic commercial bank by assets) + [Kuwait Finance House (KFH) / KFHOnline](https://docs.barcoder.ai/docs/wallets/kfh) (Kuwait Finance House KFH; one of largest Islamic banks globally) + [Burgan Bank](https://docs.barcoder.ai/docs/wallets/burgan-bank) (Burgan Bank; KIPCO majority controlling) + [ABK Al Ahli Bank of Kuwait](https://docs.barcoder.ai/docs/wallets/abk-kuwait) (Al Ahli Bank of Kuwait; KSE:ABK; ~6 countries footprint) + [Gulf Bank Kuwait](https://docs.barcoder.ai/docs/wallets/gulf-bank-kuwait) (Gulf Bank; KSE:GBK; Alghanim Industries ~35% controlling) + [Kuwait International Bank](https://docs.barcoder.ai/docs/wallets/kuwait-international-bank) (Kuwait International Bank; Kuwaiti Islamic commercial bank).

**Regulators**: CBK + Kuwait Sharia Board.

## Status

**Active, Kuwaiti Islamic commercial bank + KSE:WARB + Kuwait Investment Authority KIA ~24% controlling + first Kuwaiti digital-only Islamic banking pioneer** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.warbabank.com/ "Warba Bank — official"
[2]: https://en.wikipedia.org/wiki/Warba_Bank "Warba Bank — Wikipedia"
[kw-cro]: https://docs.barcoder.ai/docs/payments/KW

- [1] [Warba Bank — official][1]
- [2] [Warba Bank — Wikipedia][2]
- <sup>[Kuwait report](https://docs.barcoder.ai/docs/payments/KW)</sup> In-corpus: `reports/countries/KW-kuwait.md`

## Source

Biography extracted from [warba-bank.md](https://docs.barcoder.ai/source/wallets/warba-bank). See `matrix.md` for standards-support matrix if present.