Kuwait Finance House in Turkey achieved net profits TL 160.5 million by the end of 3rd Quarter of 2011 with 25% increase compared to same period last year. The bank managed to sustain a steady growth rate since the beginning of the year, where assets increased to reach TL 13.671 billion with 58.13% compared to same period last year. Capital adequacy rate reached 16.5 by end of September. The increase in assets played a role in strengthening total value of bank's assets by end of Q3, where assets increased to reach KD 13.3 billion with 10.4%increase. (source)
This allowed KFH to rank first among Kuwaiti banks in value of total assets. 
KFH-Turkey's Chairman and KFH's CEO Mohammed Al-Omar said that such outstanding results reflect set plans and efforts exerted across all levels of the bank by all employees, in order to reinforce the bank's financial status and to maintain steady growth rate. He added that these results are a continuation of the bank's previous profits during the past few months. He praised the efforts and initiative taken by the Turkish government to support the economy and open new horizons for the private sector, in addition to updating legislations. He stressed that the bank operates according to a specific, well-laid out plan to become one of the most prominent banks in Turkey through opening new branches and servicing various client segments, not to mention offering new and innovative products and services that appeal to a wide variety of client segments. In addition, the bank seeks to expand into neighboring markets and to link the Turkish market to the GCC markets. Moreover, Al-Omar revealed that during the past period, KFH-Turkey managed to launch innovative products that include the gold investment fund, which is considered to be the first of its kind and was offered through Istanbul bourse. He asserted that KFH is keen to meet the demands of its clients through offering them services and products that suit their needs.
Furthermore, he noted that the bank had announced earlier two sukuk deals worth USD 450 million that were financially covered by over 150% by several major global banks; thus reflecting trust in the bank's performance. This step prompted the Turkish government to issue legislations concerning the issuance of sukuk after numerous Turkish companies demanded to issue sukuk to cover their local and global expansion plans and to possess sufficient financing to increase their operational abilities.
