About Alkuraimi Bank About Alkuraimi Bank <p>Al-Kuraimi Islamic Microfinance Bank (KIMB) is a for-profit Yemeni closed-shared Company providing financial services for all Yemenis' (Exchange, Transfer, FINANCE And Savings). The bank was established based on the Microfinance Law N.15 for the Year 2009, as a result of the transformation of Al- Kuraimi Exchange Company, which was serving customers with 78 branches using the latest technology.</p>

ِAbout the bank

Al-Kuraimi Islamic Microfinance Bank (KIMB) is a for-profit Yemeni closed-shared Company providing financial and banking services for all Yemenis'.


KIMB is the upgrade of Al-Kuraimi Exchange Company which was established on the fifth of August  1995 in Sana’s. Ever since it was founded, it had left no stone unturned to deliver the best money transfer services to all people in Yemen and receive all money transfers coming domestically and internationally.


 At the end of 1995, the company had three branches serving our customers manually, and the decision to apply IT system was made in the year 2000 in which seven branches were in service . In 2003, we linked our branches with an integrated IT System with the ability to send and receive money in a fast and direct manner.


In 2008

Al-Kuraimi Express Service as a trade mark was established. This therefore helped the company make quantum leaps regarding money transfer services. In addition, this has paid dividends to the company and its reputation in Yemen.


By the end of 2009, the number of the branches in Yemen was seventy eight. . At that time we started thinking of adding more services that the majority of the customers in need of and helping in developing the national economy.


In 2010

The company got a substantial support from the Social Development Fund in Sana’a. This helped the company to become an Islamic microfinance bank in June 2010. The main purpose of that was and still to reinforce the importance of playing a very active role in enhancing the country’s economic status in the field of savings , financing money transfer and currency exchanging. The bank would accept all kinds of deposits and invest the deposited money in so many fields in complete compliance with the Islamic rules.


IN 2015

KIMB  can deliver its financial services through 300 point of sales in all governates in Yemen.

نبذة عن المصرف

Vision Statement

KIMB envisions that: “All financial services are accessible by each person in Yemen"



  • 1- To develop and improve high quality and cost efficient financial services which suit the needs of all the clients thru improving the money exchange and money transfer services and the development of savings and financing of small and microenterprises according to the Islamic Sharia’a law.


  • 2-To increase our market share for all the provided financial services and to get closer to our clients by enhancing and widening our outreach in urban and rural area thru widening our network of branches and agents (service points) and the development and the update of our electronic services.


  • 3-To continue to occupy a pioneering position in the banking and financial services sector thru developing a highly qualified and distinguished cadres and utilizing effective and modern systems in order to generate a good return for investors.

Values and Operational Principles

Allah said: (and say (O Muhammed PBUH) ‘’ Do deeds! Allah will see your deeds, and (so will) His Messenger\ and the believers. …..) At- Taubah 105 (The Repentance). Peace be Upon Him said: ‘’ if the final hour comes while you have a palm- cutting in your hands and it is possible to plant it before the hour comes, you should plant it. Instinctively, the human is focused on self-love and likes to be in control of everything around him/her. In the absence of religion and morals, s/he turned into a monster. So, religion and morals are the determinants of his/her behavior and attitudes. We in KIMB base our value system in our Islamic religion and the morality which goes with the nature of the human being. As employees of KIMB, we must understand these values and practice them in our daily duties in the bank:

Compliance and obedience Honesty Respectfulness Clarity and transparency Philanthropy Social responsibility
Read more about our values


Within the process of our transformation into an Islamic Microfinance Bank, and building on the excellent reputation and trust which we have gained in the financial sector, we shall dedicate our efforts over the next five years to increase our market share thru adding more financial services, widening/expanding our outreach and building a well-developed, modern bank.


We  will improve our money exchange and transfers services, add savings and financing services for small and microenterprises in compliance with the Islamic Sharia We will provide high quality and efficient services that respond to the needs of our clients on one hand, and which provides the investors and depositors with a high return on their money and preserve the interest of all the stakeholders on the other hand


We will enhance our pioneering role and our positioning and reinforce our competitive capacities benefiting from our expanding network of branches across Yemen and the development of our electronic services and marketing strategies to ensure better outreach to our clients in the urban and rural areas, and increase our market share.


We will maintain our carefully selected cadres, continue to build, develop and motivate their capacities to ensure their abilities to shape and execute the bank’s strategy. We will develop new and effective operational, financial, administrative and technical policies and procedures manuals capable of providing the required information for sound decision making and improved performance benefiting from the Yemeni, regional and international experiences in microfinance good practices.


We will also work to spread and reinforce the culture of microfinance and on time repayment within the Yemeni community in order to reach 25 thousand active financings and 75 thousand current savings accounts by the end of 2015. We will do this in collaboration with the Social Fund for Development and the Yemeni Microfinance Network, and in accordance with the rules and regulations of the Central Bank of Yemen.

  • .Mr. Abdullah Abdu Mohammed Al- Kuraimi Chairman of the Board
  • .Mr. Yousuf Abdu Mohammed Al- Kuraimi Vice president
  • .Mr. Mohammed Abdu Mohammed Al- Kuraimi  member
  • .Mr. Radhwan Abdullah Abdu Al- Kuraimi member
  • Mr. Mohammed Abdullah Abdu Al- Kuraimi member

Shariah Supervisory Board of the Bank

Sheikh Hassan maqbool Al-ahdal Dr. Lotf bin Mohammed ALsoraih Dr. Mohammed Sinan Seif al-Galal

Chartered accountant

Chartered accountant