AlQabas reports that there is great excitement in the Islamic banking community in Kuwait and an apparent rush to the doors of Warba to secure positions, ascribed to the belief that given the KIA ownership stake the bank will have a favored position compared to other banks.
As a keen student of Islamic and other banking, AA personally thinks that many see a position in the new bank as a way to step up the career ladder.
As one old teacher of AA's once put it: "It's pretty much an undisputed scientific fact that the most sensitive human organ is the pocketbook". I don't think he meant that as a complimentary statement though.
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