It received 170 applications to open new accounts on its first day of operation on 31 August 1978.

[5] In 1989, KFH's subsidiary in Turkey, Kuveyt Turk Participation Bank, was established by a Turkish cabinet decree.

KFH Capital is the main investment of the bank, with offices in Safat, Kuwait and Oman.

[7][8] Since then, KFH and Kuveyt Turk have established a presence in the Kingdom of Saudi Arabia, Jordan, the UAE and Germany.

[10] According to the KFH website, until January 2017, KFH ran the following subsidiaries: This is the ownership structure after the merger of Kuwait Finance House with Ahli United Bank: Al-Najma SC