Al-Kuraimi Banks Partner with IFI to Enhance Compliance Training

Leading Yemeni financial institutions select IFI program to strengthen financial crime risk management capabilities.

Apr. 7, 2026 at 12:38pm

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A photorealistic studio still life featuring a stack of financial documents, a pen, and a calculator arranged on a clean white background, symbolizing the abstract concepts of financial compliance and risk management.A minimalist still life captures the importance of robust compliance training for financial institutions in Yemen.Washington Today

The Institute for Financial Integrity (IFI) announced that Al-Kuraimi Islamic Bank (KIB) and Al-Kuraimi Islamic Microfinance Bank (KIMB), two prominent Yemeni financial institutions, have chosen IFI to deliver a comprehensive compliance training program for their staff. The multi-year curriculum will combine self-paced eLearning, live expert-led sessions, and access to IFI's DOLFIN platform to enhance financial crime risk management and compliance capabilities across the banks.

Why it matters

Strengthening compliance training is crucial for financial institutions in Yemen to uphold the trust of their clients and contribute to the overall integrity of the country's financial system. The partnership between the Yemeni banks and IFI demonstrates a commitment to investing in employee education and maintaining robust compliance practices.

The details

The Financial Integrity and Cross-Border Payments Training Program developed by IFI and K2 Integrity will be rolled out at both KIB and KIMB. The enterprise-level program provides a multi-year curriculum that includes self-paced Arabic eLearning, video resources, live training sessions, and access to IFI's DOLFIN platform for ongoing compliance education.

  • The partnership between the Yemeni banks and IFI was announced on April 7, 2026.

The players

Institute for Financial Integrity (IFI)

A non-profit organization dedicated to empowering institutions to protect the global financial system from illicit use, providing both in-person training and online education and certifications through its DOLFIN learning platform.

Al-Kuraimi Islamic Bank (KIB)

A privately-owned Islamic bank in Yemen, established in compliance with Yemen's Islamic Banking Law to serve the growing needs of the business sector.

Al-Kuraimi Islamic Microfinance Bank (KIMB)

A Yemeni financial institution with over 16 years of banking experience, providing Sharia-compliant financial services, including savings, financing, exchange, and money transfers, to individuals, micro-entrepreneurs, and SMEs across Yemen.

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What they’re saying

“Investing in compliance education is investing in the trust our clients place in us. This training program gives our teams the skills and frameworks to uphold that trust every day.”

— Yousef Al-Kuraimi, CEO at KIMB

“Sound compliance starts with well-trained people. IFI's program offers the depth and practical knowledge our organization needs.”

— Abdulrahman Al-Aswani, GM at KIB

“We are pleased to work with KIMB and KIB as they continue to enhance employee education. Both institutions are making a meaningful investment in their people and in the broader integrity of Yemen's financial system.”

— Natalie Pulsifer, Senior Director at IFI

What’s next

The compliance training program is expected to be rolled out across KIB and KIMB over the next several years, with ongoing support and updates from IFI.

The takeaway

This partnership demonstrates the commitment of Yemeni financial institutions to strengthening compliance and risk management practices, which is crucial for maintaining trust, upholding regulations, and contributing to the overall integrity of the country's financial system.