Central Bank of Kuwait Law (Act No.32/196 was amended in 2003 to include provisions on Islamic banking which contains 1 section with 14 Articles on Islamic Banking, has been sanctioned and promulgated.
Because of the promulgation of Islamic Banking Laws in most countries of the Gulf, the Islamic Investment and finance business is expanding rapidly day by day in Kuwait and worldwide. So due to this rapid move of big Investment and Banking sectors towards Islamic Banking business, Dr. Khaled Al-Yaqout Law Firm has taken initiative with its Sharia Law Experts to provide the services of Islamic banking to the clients according to the Sharia Law. Many leading Islamic Banks, Financial Corporations& Investment Houses of the region are our permanent clients who seek our advice according to the Islamic Law for their banking, investment and finance sectors in Kuwait and GCC countries.