Gatehouse Bank awarded Best Islamic Bank in the UK

Gatehouse Bank awarded Best Islamic Bank in the UK

- This is the third time Gatehouse Bank receives this award, following previous award wins in 2020 and 2022

- The Bank was commended by IFN for its continued commitment to excellence in banking

- This follows a strategically significant year for Gatehouse, which saw the bank achieve further growth across its core markets

London, UK: Gatehouse Bank, which is majority owned by Kuwait shareholders, has been named the ‘Best Islamic Bank in the UK’ by Islamic Finance News (IFN), a leading global Islamic and Shariah-compliant finance publishing and media company.

London based, Gatehouse was nominated for the award by a judging panel, who considered a range of criteria including product offering, customer service, contribution to the Islamic community and commitment to ethical goals. The Shariah-compliant provider was then selected by IFN’s readers in the Best Banks Poll for 2023.

This news follows a strong financial year for Gatehouse Bank, with robust growth and a post-tax profit of £8.1 million (KWD3.13 million) in 2022.

Key financial highlights for the year ending 31st December 2022 included:


Moody’s Investors Service assigned Gatehouse Bank an investment grade credit rating with a long-term stable outlook based on its solid capital base, good liquidity profile and role as a growing Shariah-compliant UK