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Al Jawhara Calculator

The minimum deposit is KD 50 and maximum deposit is KD 500,000.
In case of no withdrawal within the holding period, extra chances will apply

NBK Miles Points Calculator

Loan Calculator

Loan Refinancing Calculator

Term Deposit Calculator

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The Role of Banks in Kuwait

The Role of Banks in Kuwait


Banks are defined as "institutions whose primary function is to accept deposits for use in banking operations, such as providing loans and advances, issuing and collecting cheques, trading in foreign currencies and precious metals, and the other credit operations".

Banks are divided into two types, conventional banks and Islamic banks, and while both of types provide a wide range of banking services, the main difference between them is that Islamic banks take into account that their business does not involve anything contrary to the rules and regulations  of Islamic Sharia, by relying on Sharia-compliance contracting forms such as Murabaha, Musharaka and Mudaraba. To ensure that their actions comply with the rules and regulations of Islamic Sharia, they form Sharia supervisory bodies.