Warba Bank Issues KWD 80 Million Additional Tier 1 Sukuk
On 29 October, Kuwait-listed Warba Bank issued KWD 80 million in perpetual Additional Tier 1 sukuk. The issuance provides the bank with an Islamic capital-raising instrument and offers institutional investors exposure to Kuwait’s sukuk market. HPC can help financial advisers, investment analysts and Islamic finance specialists identify relevant partnerships and commercial opportunities.
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