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Kuwaiti CEO of First Funding on Forbes ME sustainability list
Forbes Middle East has released a ranking of sustainability leaders in the region for 2026, with Khaled Youssef Al-Shumailan, CEO of Kuwait Finance House, securing the 7th position across the Middle East due to his role in leading the group's sustainability efforts. The group distinguished itself in 2025 by increasing its investments in sustainable and green Sukuk to approximately $1.2 billion, representing an annual growth rate of 30.7% compared to 2024. Its total investments in sustainable and green Sukuk exceeded $2.38 billion in 2025, with a focus on achieving carbon neutrality by 2060 through a comprehensive sustainability plan. The bank's efforts to integrate sustainable practices into its operations are evident, along with prestigious global ratings such as MSCI ESG and FTSE 4Good. Additionally, its branches have received LEED and GSAS certifications, and the bank continues to collaborate with United Nations programs to support sustainable development and environmental initiatives. These achievements reflect its leadership role in sustainable finance and its contribution to enhancing environmental and social practices.
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